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19580250 No.19580250 [Reply] [Original]

European Central Bank is printing money like crazy. This will lead to a Hyperinflation.

What are the best ways to protect my savings from losing worth ??

>> No.19580585
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19580585

>>19580250
all in LINK

>> No.19580967

>>19580250
you can etiher
>buy USD(although USD will collapse soon also)
>buy Precious Metals(This is historically proven protection against hyperinflation)
>buy BTC or ETH(Experimental hedge)

Your other options are:
>get rekt

;;;;;;;;;;;;;;;;;;;)

>> No.19580987

>>19580250

In order of corresponding risk and reward: Gold; silver; gold miners; silver miners; gold junior miners; silver junior miners; crypto-currency. The safest way to invest in miners is with the GDX, GDXJ; SIL, SILJ. When hyperinflation comes, expect 3x gains from gold, 10x gains from junior miners, in terms of real purchasing power. I do not recommend putting more than 2% of your net-worth into crypto. If you do, don't buy BTC, which is a ponzi-scheme with no use-case; get BCH, XMR, ETH.

>> No.19580998

>>19580250
sauce?

>> No.19581364

>>19580987
sure gold miners would increase in a hyperinflation(or just very large inflation like 8%/year) in usd, but isn't the goal to get OUT of the currency at the time?

As in, my silver jr miner shares will be worth x amount of dollars, but dollars are useless, so why ido i want them anyway? Wouldn't you rather have assets NOT denominated in USD such as crypto or physical metal?

Miners do not take into account counter party risk, or am I mistaken??

>> No.19581499

>>19581364

Even if currencies collapse, you still own your stocks, and can sell them in the new currencies. But currencies won't necessarily collapse altogether. The dollar didn't collapse in the 70s and 80s, when it underwent massive inflation; while you made an absolute fortune in the miners. When silver went from 1 dollar to 2.5 dollars, the average small-cap silver miner went up 150 times. In other words, you could have turned $100,000 into ten million. That wasn't simply keeping up with inflation.

Mike Maloney explains how, since the 1920s, if you had switched between gold and real estate when either asset class was comparatively undervalued, you could have turned 1 house in 480 houses.

https://www.youtube.com/watch?v=l-knwwD-PZc

>> No.19581641
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19581641

>>19580987

Chart of BCH is at all time low. You can't find an easier stop loss than this with a potential 3x.

Bitmex adds BCHUSD on June 16th.

Their founder shills it. It's obvious it will pump huge to fill their trading desk shorts and then dump to oblivion. I sure will ride that rocket up. Will you?

https://twitter.com/CryptoHayes/status/1267313504085671936

sexiest fucking chart that exists - https://gyazo.com/288e8093c488bced4c2f734b53b56ef7

>> No.19581732

>>19580987
go all in ETH and like 10% BCH

>> No.19581905
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19581905

>>19580250
Look into Monero.

>> No.19581961

>>19580250
Look into xrp, be skeptical.

>> No.19581992

buy usd lol

>> No.19582004

>>19580967
If usd fails the world fails

>> No.19582018

>>19580250
unironically USDC

>> No.19582057

>>19580250
I was one of the faggot saying to buy PM
but Link is way more useful than precious metals in a data driven world
Stay in Link

>> No.19582355

>>19581499
that was a crisys caused by the war

>> No.19582888

>"smart" enough to predict hyperinflation
>not smart enough to know how to express that view via investments

keep trying son, you'll get there one day

>> No.19583180

>>19581641
Thats the kind of chart you look shorts at,

What a fucking retard, youre the kind of guys buying 6k btc at 2018.