I am of the opinion that cash will get destroyed by inflation. Gold and Silver seem to be manipulated. I agree, not much of a good place to put anything right now. And because there are so many sitting on the sidelines, the next bubble will hyper inflate and pop really fast. That is once everyone agrees on the next “big thing”.
Right now I’m working on paying off debt, buying some farmland, building a generation house for me and my kids; setting myself up to produce food and bio-diesel. Enough for my family, a few friends and enough to trade for other things should I need them. Also plan on having a cottage industry on the side but I’m keeping those plans to myself. In general, keeping my head down and out of anyone’s target.
All of my available funds are being converted to the tangible assets of ammo, food, and tradeable comodities...(liquor, coffee, soap, etc.)
Same here, for the most part. Paying off any real estate loans, stocking up, and becoming almost totally self-sufficient. I do expect to lose a good chunk of savings, even as cash; hence, the reason to get setup now with stuff they cannot be expected to come for.