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<p>[QUOTE="InfleXion, post: 1633967, member: 29012"]Kyle Bass pointed out on TV the other day that the Zimbabwe stock market was the best performer last decade, but your entire portfolio would only buy you about 3 eggs. The only thing out of all these investments you've outlined that would actually preserve buying power through a hyperinflation or a default is metals and maybe housing, but housing is not portable and you may end up having to stand your ground to protect it. Although housing is dependent on the Fed printing $40 billion per month just like bonds. </p><p><br /></p><p>Also, buying a house today essentially amounts to taking out a loan for many years worth of income. "Owning" a house is not the same thing as taking out a mortgage. I agree with your line of thinking, which is why I hold metals. I actually own them. I do have a mortgage and will hopefully one day own my house, but it is debt, not ownership until it is paid off.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1633967, member: 29012"]Kyle Bass pointed out on TV the other day that the Zimbabwe stock market was the best performer last decade, but your entire portfolio would only buy you about 3 eggs. The only thing out of all these investments you've outlined that would actually preserve buying power through a hyperinflation or a default is metals and maybe housing, but housing is not portable and you may end up having to stand your ground to protect it. Although housing is dependent on the Fed printing $40 billion per month just like bonds. Also, buying a house today essentially amounts to taking out a loan for many years worth of income. "Owning" a house is not the same thing as taking out a mortgage. I agree with your line of thinking, which is why I hold metals. I actually own them. I do have a mortgage and will hopefully one day own my house, but it is debt, not ownership until it is paid off.[/QUOTE]
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