Unlikely. But in that hypothetical I'd recommend foreign currency, foreign stocks, natural resource plays, TIPs.
Plus some gold and silver is always appropriate
Agree
But in that hypothetical I'd recommend foreign currency, foreign stocks, natural resource plays, TIPs.
Disagree.
First, I think the rise in the price of gold, while other commodities have/are falling, is a signal the long anticipated inflationary depression may finally be upon us.
Second, Cash isn't king in an inflation - though I agree the dollar may be the last fiat standing. Likewise, stocks and some commodities aren't going to be great for storing wealth either (i.e. the deflationary half of the equation).
An inflationary depression means we need to think differently, if that's what we're headed into, and I believe we are. So I'm thinking gold, alternative money (digital gold, BTC, etc.), commodities/stocks that are absolute necessities (farming, medical, water, etc.) and certainly a little self-sustained hideaway someplace.