I expect gold to maintain it's real value but not really increase. Just because the dollar gets destroyed doesn't mean everything else in the world is suddenly more valuable it just means it's more expensive priced in worthless dollars.
I agree with you and that is why gold is such a great assurer of value. It might not make you uber rich but it will protect your life's work and efforts while fiat won't.
It may be better than the dying dollar but if you should probably buy some crypto as a hedge so you don't lose out. I think probably at least 10% of a portfolio should be in cryptos now in case they replace the dying normal fiat currencies. If cryptos really are becoming the new currencies than gold is a bleeding value asset but at least gold won't ever completely die like the USA dollar "might".
The thing though is that the dollar and gold are inversely related.
I expect gold to maintain it's real value but not really increase. Just because the dollar gets destroyed doesn't mean everything else in the world is suddenly more valuable it just means it's more expensive priced in worthless dollars.
I agree with you and that is why gold is such a great assurer of value. It might not make you uber rich but it will protect your life's work and efforts while fiat won't.
It may be better than the dying dollar but if you should probably buy some crypto as a hedge so you don't lose out. I think probably at least 10% of a portfolio should be in cryptos now in case they replace the dying normal fiat currencies. If cryptos really are becoming the new currencies than gold is a bleeding value asset but at least gold won't ever completely die like the USA dollar "might".
@mysearchisover I do have cryptos too. Steem is one of them and a few others. This is one of my posts earlier this year about the subject:https://steemit.com/market/@maneco64/why-precious-metals-and-crypto-currencies-are-my-investments-of-choice-in-the-next-few-years