Rates are still negative
This has to remain the case across the world to drain the printed money from balance sheets
Normies never change their bank accounts so they bleed out over the years
This will cause a nuclear pension crisis in 2 decades
Anyone not holding gold/property/crypto is going to get wiped out
ZeroHedge told me so
The logic you hear is flawed and im not sure why it isn't refuted more often. there are merits in holding precious metals as a part of a diverse portfolio of investments but you're wasting your time if you're essentially betting on the end of the world.
If our world hits a point where fiat currency is worthless then we probably have much bigger problems. bic lighters, nonperishable foods and antibiotics would probably be a much better investment for the end of the world than gold will ever be.
Every thread. Gold isn't for the world going Mad Max, it's for Great Depression type situations. There's a lot of room between status quo and marauders. That said a lot of people are worried because not just the US but pretty much every country right now is propped up by funny money. The Japanese money printers own something like 70% of the Japanese stock market, Australia is continuously leveraging real estate to buy more real estate inflating the price of everything among many other troubles, Venezuela in general, there's fires pretty much everywhere. Economic troubles and sharp downturns are far from unprecedented, and it's good to be prepared even if they're not the end of the world.