Hacker News new | past | comments | ask | show | jobs | submit login

Or... crypto and the commodities have it backward. The gold market is right. Prepare for the opposite of what the media are hyperventilating about now - a ridiculously strong dollar and deflation.



Crypto has provided an alternative to gold. The same printed dollars that would normally go to gold is flowing into crypto. The new generation of gold miners are not mining gold.

That's why gold hasn't risen dramatically. Crypto is absorbing the inflation.


People who fear inflation not gonna put their dollars into crypto. Too speculative. They would buy land or silver etc.


My advisor is saying the fed is try to staving off deflation still.


I think that is possible. If you have a good income, then a hedge would be gold and silver. If the dollar gets strong then so does your purchasing power. If not, then gold/silver hedge against that. Of course it also helps to have bought a house when prices were low going back to 2012ish. For some of us, who cares if housing drops 50%




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: