RE: The US Dollar Is Screwed Part 2 - How I'm Protecting Myself

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The US Dollar Is Screwed Part 2 - How I'm Protecting Myself

in economics •  8 years ago 

I like your approach!! I believe precious metals are a great store of wealth that one can personally and physically control, which is a huge asset in uncertain times. However, I wonder if we are seeing cryptocurrency and the associated blockchain technologies provide actual free markets for investors, with more risk, but more upside potential, similar to venture capitalism for the masses, and an answer for individual investors fed up with negative interest rates and market manipulation.

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We might be seeing that. I think there's a bubble in crypto at the moment, but I could be wrong.

I think you are right. I expect there will be multiple market corrections in BTC, ETH, and all the other cryptos. The question is what happens next after the bubbles pop? Buying opportunity? As exciting as cryptocurrencies are, I think it makes sense to diversifying across multiple assets, precious metals included.