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A comment on Ask HN: Are you preparing for a market crash? How?. Parent comment

Re:Ask HN: Are you preparing for a market crash? How? by throw0101a on Sunday January 10, 2021 @03:25PM (#25719271)
> There was a massive increase of money supply last year. That combined with the restrictions imposed on our economy by the pandemic means prices will certainly go up and purchasing power go down

People have been saying this for ten years:

* https://economics21.org/html/open-letter-ben-bernanke-287.ht...

> Gold and BTC as store of value to protect against inflation, not so risky

The volatility of BTC is ridiculously high. It is not a good store of value. There is very little evidence for gold as a hedge against inflation:

* https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2078535

Or of having any practical investment utility:

* https://www.pwlcapital.com/will-gold-save-the-day/

> Silver, oil, and other commodities, not so risky

Commodities are volatile. Very risky. Oil went negative in 2020:

* https://news.ycombinator.com/item?id=24055237

TL; DR: do the opposite of what this fellow is suggesting.

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