Interested in long term holding and protecting some wealth from various financial crises, possible future problems with the USD (inflation, etc)
Gold.
Gold is the best choice (and then copper, this shit is getting harder to extract)
>>1541419
Someone told me gold is overinflated since about 2010 or so, that its in a bubble and if I buy gold, itll probably lose like 30-40% of its value when the bubble ends
>>1541410
Why not go copper?
>>1541488
Copper shit the bed and topped out in 2015
>>1541410
https://www.youtube.com/watch?v=Dt7hTCeoXUM
A argument for long term investing in physical gold could start with asking: Where is the physical gold? Lots of gold vaults hove leased their gold out and then it was sold off so they now only have boxes of paper gold contracts.
But an argument against it would be asking about the massive deflationary forces after the credit inflation cycle in history. There is immense deflationary pressures that the central banks have been trying to fight.
http://www.zerohedge.com/news/2016-04-24/why-goldman-expects-japanese-yen-collapse-within-12-months
http://www.zerohedge.com/news/2016-04-21/we-aren%E2%80%99t-thinking-about-it-all-or-how-kuroda-just-assured-helicopter-money-coming-j
http://www.zerohedge.com/news/2016-04-17/what-worst-case-outcome-helicopter-money-deutsche-bank-explains
http://www.zerohedge.com/news/2016-04-11/ecb-scrambles-calm-furious-germany-helicopter-money-was-straw-broke-camels-back
http://www.zerohedge.com/news/2016-04-11/former-imf-chief-economist-admits-japans-doomsday-scenario-now-play
http://www.zerohedge.com/news/2016-03-23/japan-goes-full-krugman-plans-un-depositable-non-cash-gift-certificate-money-drop-yo
http://www.zerohedge.com/news/2015-09-18/it-begins-australias-largest-investment-bank-just-said-helicopter-money-12-18-months
http://www.zerohedge.com/news/2016-06-11/goldman-warns-upward-shock-rates-hints-massive-losses
http://www.zerohedge.com/news/2016-05-29/unintended-consequences-easy-money-overcapacity-trade-wars
http://www.zerohedge.com/news/2016-01-24/why-black-hole-deflation-swallowing-entire-world-%E2%80%A6-even-after-central-banks-have-pum
http://www.zerohedge.com/news/2016-01-16/deflation-monster-has-arrived
http://www.zerohedge.com/news/2015-09-02/hyperinflation-cannot-be-prevented-debtdeflation