/biz/ - Business & Finance

>>30042612
Why? Because I know for a fact holding just a luxury item is a piss poor idea?
You can stack dollars, gold or drives full of cryptocurrency but it is completely dangerous and foolish if that is all you are collecting.

Have 3-4 well/pump kits at $400 that you can sell/trade during an emergency where city water pipes fail.. say like in Texas during a ice storm..
vs
Have $400 worth of gold by today's value.

Same goes with smaller power generation like wind, solar & crank devices. Outside of industrial applications I find gold to be the worst investment compared to USD or Cryptocurrency. Right now it has value, but in cases where you are storing gold for it may not have any value.