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/biz/ - Business & Finance


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18666297 No.18666297 [Reply] [Original]

Fellow Americans and Europeans, as you're the most advanced in financial market and its instruments, I need your advice.
My country (or banks) is gonna be defaulted with relatively high probability. Since there is a chance they may bring police troops to our houses and confiscate our dollar cash, I need a safe and secure storage for my assets which are... mostly cash. As borders are closed everywhere I can't travel to other country and unload the stash there. Thank God banks still work and they wire money on request.
What are possible secure way to save my funds from government and the crisis? All of them are totally legal, taxes paid.

>> No.18666469

>>18666297
buy link

>> No.18666543

>>18666469
Is that a crypto currency? I heard it's a highly risky assets and I don't wanna gamble in such hard times, just want to preserve my money.

>> No.18666566

>>18666543
don't worry you can post pink wojaks when it crashes and you lose everything

>> No.18666596

>>18666543
A gamble is better than a certain loss. Don't buy link though, buy Bitcoin.

>> No.18666619

>>18666297
If you got land get a box and bury that shit. But make sure you keep the grass (if you have any) untouched and clean your shit. Do it at night if you think you have to.

>> No.18666642

>>18666297
Amuse us, which shithole are we talking about

>> No.18666649

>>18666297
Bitcoin

>>18666469
These people are paid to post this kind of stuff. It's a ponzi and when it crashes they will go to jail.

>> No.18666661

maybe anon can transfer it to a swiss bank

>> No.18666669

>>18666619
Mold?

>> No.18666786

>>18666297
seal it, double seal it, paint it black, store it in the back of a freezer. surely you can find somewhere in your house to hide money. the vents? inside a hollowed piece of furniture? inside the mattress?
its a risk, but its safer than going all in on crypto that a greasy 13 year old schizoid recommended on a north korean basketball imageboard

>> No.18666844
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18666844

>>18666297

I have the same concerns, fellow anon. If it was not for $ 200bl interventions from the Russian Central Bank, rouble would hit the floor. And that shit with oil is far from being over. They already came up with some shit about "domestic borrowings"

>> No.18666875
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18666875

>>18666596
or he could just go into stable coin and take zero risks

>> No.18667773

>>18666875
How can one trust them? Are they backed by anything?

>> No.18667798

>>18667773
you can probably trust USDC the rest is dodgy tho

>> No.18668371

>>18666844
Russia has stacked a pile of gold pretty high,. Not all is lost, Boris.
Russia has the second highest gold holdings to gdp in the G20, slightly behind switzerland and before italy.
125 billion dollar worth of gold.
And another 500 billion worth of euros and dollarreserves.
Ruble should be 'ok'

>> No.18668463
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18668463

>>18666297
3.5” external drive enclosure
wrap it with velcro
put money inside it
open up your cable box place inside
forget it exists

>> No.18668618

>>18666297
>Thank God banks still work
banks will be the first place they'll raid
nobodies coming searching for your dollars anon. By the time Trump & Co. get through this crisis, they'll be worthless unless stove lighters anyway. Buying gold is traditional

>> No.18668662

>>18666543
Buy something like PAX. No chance of losing money because it's a stable coin and it's a crypto so you won't have anything physical for them. It's a free win.

>> No.18669416

>>18666297
>What are possible secure way to save my funds from government and the crisis?
Do you really have to ask it on /biz/?
Literally crypto. Buy bitcoin with everything. No one can confiscate your bitcoin.

>> No.18669458

>>18668662
if his bank is defaulting inflation could be around the corner. BTC dumping 40% against the USD might not matter when inflation is eating your money 10% a month.

>> No.18670264

>>18666297
Golf or siliver, hid it in your walls

>> No.18670276

>>18666297
WHICH COUNTRY

>> No.18670771

Treasury inflation protected security's or a us bond ladder are about as safe as it gets

"But Fiat currency!" If the dollar collapses the only safe asset is guns. Maybe buy guns op?