Post by twetch#3947

twetch#3947 6.6y
19hEDJ…ugtg Key · twetch

Besides gold, what other assets preserve/increase value during a recession?

Non-Bitcoin related answers please.

What the chain says
Transaction
dd930eb578b65f6d6185875d269c60e344b9f97ae68086b2a101c7a2ae54be15
Block
625 379
Time
2020-03-08T22:18:41Z
Signer
19hEDJpo4hBm4hquRFeiLeXnYoWy68ugtg
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#3947

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 19hEDJpo4hBm4hquRFeiLeXnYoWy68ugtg Verified

Replies (7)

twetch#678 6.6y
19gAUD…ALhv Key · twetch
Replying to@19hEDJ…ugtg

Federal bonds, money market funds, dividend dunds, Large cap funds, possibly consumer staples, stocks of companies with very healthy balance sheets and little debt

twetch#3947 6.6y
19hEDJ…ugtg Key · twetch
Replying to@19gAUD…ALhv

Looked into Palladium? Im skeptical it's recession proof though cause it's value seems utility driven.

twetch#678 6.6y
19gAUD…ALhv Key · twetch
Replying to@19hEDJ…ugtg

I would class these as roughly the same.

but no I havn't looked much into it

twetch#18433 6.6y
1CndCz…Ymfg Key · twetch
Replying to@19gAUD…ALhv

We learnt from LTCM (and many before) that everything is correlated during a panic

twetch#678 6.6y
19gAUD…ALhv Key · twetch
Replying to@19hEDJ…ugtg

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

twetch#1676 6.6y
1Kgvma…hPPV Key · twetch
Replying to@19hEDJ…ugtg

colored diamonds

twetch#1676 6.6y
1Kgvma…hPPV Key · twetch
Replying to@1Kgvma…hPPV

Where in world is True Dex? does anyone know? its been months.

peck
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