I hold gold/silver physical
russian rouble
bitcoin/etherium
There is many lines of think what is enough. Much like how long is a string?
That my friend is the "magic question" that is for us and us alone to answer.
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Thanks for this. I have read materials from Jim Rickards, Mike Maloney and Harry Dent and I appreciate all of their perspectives. Other questions are what will happen first, inflation or deflation? And can they both happen at the same time? Or even one after another? If deflation, then cash can also be very useful, I wonder if all commodity based currencies may do better than say the USD. If inflation occurs then silver will increase in value, perhaps significantly. Cryptos may help in both situations but I expect volatility. On the other hand, we can also live, spend some fiat and start knocking off some items on our bucket list, it is hard to inflate away experiences.
your daily expenses are inflating
your spending power is deflating
I suspect we're experiencing both at the same time.