Since we know the dollar is going to collapse what would you tell your parents to put their money in? I can’t convince them to buy GME or PMs.
Housing is in a bubble. So that’s not a good investment right now. Obviously when the precipice is over Trump will fix everything and people will get their value back in their federal reserve notes. But just something temporary for them to invest in so they don’t lose their minds when the crash comes.
I wouldn't get too married to the idea that "people will get their value back in their federal reserve notes". The system (imo) can't function with the shear number of FRN's in existence, which means devaluation at a minimum which implies that you in fact are NOT going to get your current purchasing power of those FRN's returned back to you when Trump gets back in office. You may see a jubilee, but not sure how many that's going to help if it occurs. Farm land might work, but I don't think most people know what would be considered a "fair" valuation in FRN's given the amount of inflation that has gone into those assets. There's really nothing other than PM's that I personally would recommend, but I'm sure there is something being overlooked. In the near term, we'll likely see a collapse in asset prices, you should be ready to pounce on something when that happens with cash held outside a regional bank because shortly thereafter we'll "LIKELY" see massive inflation or hyperinflation. Again, I'm just some anonymous poster on a blog. Do your own due diligence.
Well I’m coming from the view of this plan does not involve everyone losing their life savings that are stuck in IRAs and 401k
I agree. But there will be a lot of loss merely because most people have had their money managed into brands that are conducting illegal business.
I want to see true ethics analysis before I put any money in the market.