Gold
Product
Hedge against currency devaluation, inflation, and monetary instability
"When I'm really concerned and I want to get as close to burying my money in the backyard as I can, I'm going to own gold — not gold paper, gold, the physical thing of gold. And that way, whatever craziness happens to all the money in the world, if the US de..."
More source quotes
Store of value / economic hedge
"I own Bitcoin. I own gold. I own more Bitcoin than gold by a lot because it's so much easier to custody. Actually trying to hold gold at your house — yikes. Trusting somebody else with my gold — yikes, as the US has a longstanding history of confiscating yo..."
Portfolio diversification as a hard money asset, hedge against inflation and currency debasement
"In my category of wanting, let's say, make sure that I have some hard money, which for most people should be between five and 15% of their portfolio. I prefer that. I'm pointing to the gold bars here rather than the Bitcoin. It's the only financial asset th..."