I'm worried all the gibs from the government are going to crash the economy

I'm worried all the gibs from the government are going to crash the economy.

I currently have 40K in savings. What should I do with it? Buy more stock? Buy more crypto? Buy gold?

What are you guys doing?

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I'm buying silver and gold. Crypto is for gambling. It has no precedent as a store of value through economic hardship

Where does one buy gold?

How much would you buy if you had 40k in savings?

Why would you be worried that a fake economy setup to keep you poor and a slave will crash? That should be what you're hoping for.

I use JM bullion. 40k in savings? Probably 8-10 oz

Have some physical gold as insurance.

Only 40k should probably stay in savings or CDs for 6 months - year.

JMBullion and APMEX are good.

Come hang out OP

At least crypto does something. Metals are just a caricature of the greater fool idea.

>crypto does something
Yah lines go up and down. There's no assets. No business. No tangible goods. You're literally gambling on lines/numbers. They seem to regularly scam their userbase with pump N dumps. Not investment material. The funniest shirt is you call them "bags" meaning there is even some psychological projection that you actually have something physical you're putting money into. But you're not.

Just buy VTI and Bitcoin and you will do fine. Low/negative interest rates will further increase the stock market. Anyone in cash will get fucked.

Terrible investment advice.

Anyone suggesting buying gold and silver is a fucking retard. All it takes is for you to look at price charts and gold and silver versus the stock market.

>we are about to live in the most internet connected non-physically connected paranoid society and he thinks BTC has no value
KEKEKEKEKEKEKEKEKEKEKEKEEKEKEKEKEKEKEKKEKEKE

I strongly encourage you to reconsider. Gold will not make you rich, it’s not even serving its purpose as a supposed inflation hedge. buy VTI etf instead.

by the time I buy any silver or goldy boys I'll be priced the fuck out.

Plz crash market, i need this

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Buy rare liquor. It’s value goes up over time and will adjust with inflation better than gold. And if shit hits the fan you get one last trip to flavor town.

based, but where do I buy rare liquor??? Bevmo?

Yeah dude maybe Silver can double in value sometime in the next 20 years woahhh dude you’ll be so freakin rich

No, that is just you calling it bags. Gold and silver are such trash you keep them in little garbage bags. Almost like you subconsciously know that you are just throwing your money away.

Yes BevMo should have the rare shit locked up. There’s specialty stores too for pricier brands. Just google around a bit. Drive out if you have to. Super rare King Louis can go for 40k alone. Don’t go for wine it requires too much maintenance and risk of spoilage.

It will, look what happened in Japan. Keep in mind that Japan is a net creditor to the world. Also get ready for those taxes to rise. Anyone not jumping ship is a retard that deserves to go down with the rest.

Is this bizarro biz? Wtf, OP, all in LINK you fucking lunatic. What are you thinking?!

Daily reminder '17+ fags opinions are worthless

Hyperinflation means existing debt is worthless and tangible assets are worth their weight in gold in comparison

If you knew without a shadow of a doubt that we were about to go full-zimbabwe you'd take out millions in debt to buy gold, property, go to fuckin' medical school, whatever that would still be a store of value once people are pushing shopping carts full of money to buy a loaf of bread

In fact, BECAUSE hyperinflation frees people from debt I'm convinced it's not going to happen. The elites that run the U.S economy have a vested interest in keeping as many people shackled to payments and debt as possible, they'd sooner start a war with Iran before they allow that sort of chaos the happen

more likely the (((fed))) will cause deflation so people will be locked further into their indentured servitude. the rich will simply get richer as a result

Dollar > Gold & Silver.

To Op, just wait to buy into the dip again in stocks. You'll be rich.

money is not real anymore so this wont happen. The goverment can basically print infinimoney and nothing will happen. You're just a dumb nigger who doesn't know how money works like almost everyone else

Honest answer:

Some Gold & Silver for store of value (personally I buy miners/explorers as I came into trading through betting on rare-earth explorers).

BTC and ETH for the utterly insane growth potential, you'd be flat fucking retarded to not hodl large positions in either or both at this point in my view.

Iron Ore miners due to inevitable government jobs/construction stimulus programmes.

An assortment of rare-miners for battery materials (cobalt, nickel, lithium, etc) because batteries are the future (cars and household solar in near-term).

Promising Biotech stonks because obviously.

And then I'm throwing a few gambling bux into Altcoins for the fun of it.

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Buy gold, BTC, ETH, XRP, LINK, 0xMR