Is Gold The Savior When The Markets Crash?

[zdreg]

https://en.oxforddictionaries.com/definition/i.e.

IE, in your post, is incorrect and has an unintended different meaning. . it is i.e.

Thanks for the dictionary clarification.

 

[JSOP]

In the scenario depicted in the book "When Money Dies" IE post WWII Germany, Austria and Hungary though the governments were severely weakened there was still enough law & order that armed gangs were not ruling the neighborhoods, cities and states. At one point food was so precious that a grand piano was traded for a sack of potatoes.

PS they did have rations...

That poor piano.

 

[qlai]

Some say, "it will be different this time"

You know, my question is ... After the government/fed made it clear they will not tolerate instability, what will it take for people to see a crash for anything other than a buy the dip opportunity? We have a generation of investors now who EXPECT markets to have the perpetual put in place to protect their 401Ks. That is just how the politicians like it anyway. No gold for me ... seating in cash waiting for the next crash dip. Maybe Bitcoin for inflation/print protection?

 

[zdreg]

After the government/fed made it clear they will not tolerate instability

Governments are the cause of instability, governments only plan as far as the next elections.