Now That The US Dollar Is Crashing, How Else Can I Grow My Money? [First Dibs 133]
We explore potential risks and opportunities in the global financial system as it may shift away from the US dollar. We highlight three tools that can help manage these risks and provide diverse perspectives on the topic.
Discover how physical gold and silver can serve as insurance strategies against a potential US dollar collapse, and how owning these assets in their physical form can serve as a hedge during uncertain times. We also explore the resilience and functionality of Bitcoin over the past decade and how allocating a small portion of a portfolio to it can provide risk management and insurance.
Additionally, we discuss exploring the Chinese financial markets, which have become attractive due to China’s efforts to challenge the US global order and its position as a manufacturing powerhouse. Broad indexes in the Chinese financial markets can be considered for positioning in anticipation of potential shifts.
Please note that these perspectives are our personal beliefs, not financial advice. Investors should conduct thorough research, exercise judgment, and consider their circumstances and risk tolerance. We also introduce a refreshed podcast format that includes trio banter discussions alongside monologues to provide diverse perspectives.
Join us on The Financial Coconut podcast, where we encourage listeners to stay informed, diversify portfolios, and engage in the community to adapt to potential changes in the global financial system. Don’t miss out on this informative episode!