Looking at my portfolio, the main reason I added commodities (i.e., gold and silver) is for a store of value. The US dollar has been strong over the last few years, but I believe this cannot continue. With all the debt that the Unites States has accumulated via Government, Business, and Consumers, it is only time where the dollar’s value diminishes. When countries discontinue lending us monies, hard assets will become in favor. Don’t get caught in the stampede out of the dollar. It will be too late.
Regarding cryptocurrencies, I do believe it is important to hold some in your portfolio. It is another option to hedge against the US dollar.
Tom holds a B.S. in Economics from Florida State University and a MBA from Nova Southeastern University. Tom has over 30 years experience in investing and economics. He has strong faith, love of country, and strong desire to help others. This has lead Tom to create and promote MonieStorm.