| > There was a massive increase of money supply last year. That combined with the restrictions imposed on our economy by the pandemic means prices will certainly go up and purchasing power go down People have been saying this for ten years: * https://economics21.org/html/open-letter-ben-bernanke-287.ht... > Gold and BTC as store of value to protect against inflation, not so risky The volatility of BTC is ridiculously high. It is not a good store of value. There is very little evidence for gold as a hedge against inflation: * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2078535 Or of having any practical investment utility: * https://www.pwlcapital.com/will-gold-save-the-day/ > Silver, oil, and other commodities, not so risky Commodities are volatile. Very risky. Oil went negative in 2020: * https://news.ycombinator.com/item?id=24055237 TL; DR: do the opposite of what this fellow is suggesting. |