Besides gold, what other assets preserve/increase value dur…
Besides gold, what other assets preserve/increase value during a recession?
Non-Bitcoin related answers please.
Replies
Federal bonds, money market funds, dividend dunds, Large cap funds, possibly consumer staples, stocks of companies with very healthy balance sheets and little debt
Gold may not be a great asset to hodl either imo. it did outperform other assets in 3 of the last 4 recessions though. Not sure about now
colored diamonds
Looked into Palladium? Im skeptical it's recession proof though cause it's value seems utility driven.
I would class these as roughly the same.
but no I havn't looked much into it
Where in world is True Dex? does anyone know? its been months.
We learnt from LTCM (and many before) that everything is correlated during a panic