“One “investment” everyone should make is to stock up on every non-perishable item you use and could use for barter in a pinch.”
Your idea quoted above is IMO a very sound one compared to the bottom line of the thread’s article quoted below:
“Protect your savings with gold, silver, inflation-linked instruments and stocks in sectors that do not suffer from negative rates.”
If things really, really get bad, that gold or silver will be worthless as a medium of exchange for everyday needs.
We are working it both ways, stocking up like you suggest and keeping our IRA in tact.
I am not a fan of gold and silver.
I like them in theory, but in practice the time you _really_ need them is when the financial system collapses, and when the financial systems collapses what you _really_ need are items to barter.
Folks around here will want food, clothing, alcohol, tobacco and firearms—not silver and gold.
A small personal stash of silver and gold is reasonable—I don’t have one, but I can understand the logic of folks that do.
However, paper gold and silver are similar to stocks and bonds imho—very very risky in the current environment—would much rather spend the money of stuff that I can touch.
I have zero trust in financial markets at this stage in our history.