Quote from Zr1Trader:
So you have a 1 million dollar portfolio, and your just the Average Joe who doesn't trade. What asset classes does Joe Blow go into for the next year to Preserve his money and buying power from possible catastrophic economic events in America?
Gold?
silver?
oil?
Cash (usd)?
Swiss Frank ?
Yen?
Treasuries?
What is the Safest bet if he is just looking for preservation of principle? Any one , combination, or other asset classes are welcome for suggestion for Mr. Joe Blow
Yes, some metal (prefer silver), undeveloped land, commodities futures, physical deliverables.
If you must own securities consider textiles, food, fuel or utilities.
