Besides gold, what other assets preserve/increase value during a recession?
Non-Bitcoin related answers please.
Post by twetch#678
Federal bonds, money market funds, dividend dunds, Large cap funds, possibly consumer staples, stocks of companies with very healthy balance sheets and little debt
What the chain says
- Block
- 625 378
- Time
- 2020-03-08T22:12:03Z
- Signer
- 19gAUDU4VQoVuLgeL9pwTepPsZonqvALhv
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#678
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
19gAUDU4VQoVuLgeL9pwTepPsZonqvALhv VerifiedReplies (3)
Looked into Palladium? Im skeptical it's recession proof though cause it's value seems utility driven.
I would class these as roughly the same.
but no I havn't looked much into it
We learnt from LTCM (and many before) that everything is correlated during a panic