“By the end of that terrible day, commodites of all stripes—precious and industrial metals, oil, foodstuffs—will shoot the moon. But it will not be because ordinary citizens have lost faith in the dollar (that will happen in the days and weeks ahead)—it will happen because once Treasuries are not the sure store of value, where are all those money managers supposed to stick all these dollars? In a big old vault? Under the mattress? In euros?”
Why not the stock market? Stocks have real value.
As mentioned in the article, at the height of a hyper inflation, assets are increasingly worthless. If you are able to wait it out, though, you might end up sitting pretty.
>>Why not the stock market? Stocks have real value.<<
If they pay dividends, yes. Otherwise, they are basically like poker chips.