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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He’s been listening to podcasts that talk about very bleak future for our economy: government prints trillions of $$ for stimulus.  The money is not backed up by any gold reserves. It’s not going to be worth anything soon and we’ll enter an economic fallout.

All of this is kind if logical. It’s hard to argue with.

So he wants to move all our savings (401k, etc) into tangible assets like gold, real estate or other currencies.

What do you all think?[/quote]

If you know anything about the markets, all the money is in tech and gold/silver.
Your husband is actually very wise and you would reap an enormous financial gain in making that move.

Diversification is a foolish play in these times.[/quote]

LOL. Tech and gold are at or close to all time highs. Thats generally not the time to pour your life savings into a specific investment. The time to do so was years ago. [/quote]

I hold some physical gold and did well in gold ETFs in 2007/2008, but I agree that the time to get into gold in a major way has past. It could still go up, but you’d be buying high.  [/quote]

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