what to own when the dollar collapses

what to own when the dollar collapses

1 year ago 63
Nature

In the event of a dollar collapse, there are several assets that investors can consider owning to protect their wealth. Here are some options:

  • Foreign currency: Owning foreign currency can help protect against a falling dollar. Investors often choose currencies such as the Chinese Yuan, Japanese Yen, European Euro, or Norwegian Krone.
  • Precious metals and commodities: Gold, silver, and other precious metals are often seen as a safe haven during times of economic uncertainty. Commodities such as oil and agricultural products can also be a good option.
  • Cryptocurrencies: Some investors see cryptocurrencies such as Bitcoin as a hedge against inflation and a falling dollar.
  • Real estate investments: Real estate can be a good option for investors looking to protect their wealth during a dollar collapse. However, its important to choose properties in stable markets.
  • Emergency supplies: In the event of a total economic collapse, having emergency supplies such as food, water, and medical supplies can be crucial.
  • Alternative investments: Collectibles such as art, coins, and stamps can also be a good option in a dollar collapse.

Its important to note that no single asset can guarantee protection against a dollar collapse. Investors may need to combine multiple different assets to ensure stability. Additionally, its important to be proactive and not reactive in protecting your wealth, as a dollar collapse is unlikely but not impossible.

Read Entire Article