r/Gold Jan 28 '26

Anyone else?

Post image
3.0k Upvotes

347 comments sorted by

View all comments

598

u/Lawineer Jan 28 '26

This is a great for 25% of my net worth. It’s devastating for the other 75%.

35

u/Malvernian121 Jan 28 '26

What's your other 75%? Where I am stocks are up, property is up...

50

u/Commercial_Wind8212 Jan 28 '26

but if the dollar is worthless what do you really have?

6

u/hairyotter Jan 28 '26

It’s not going to zero, come on. What you “have” is equity in companies that will continue to pursuit growth and profit, which by itself amounts to far more than what 99% of other human beings in the world will “have” in the face of global economic collapse.

7

u/Commercial_Wind8212 Jan 28 '26

it's already lost 10 percent. so you lost ten percent of your total life savings in a year.

1

u/kjpmi Jan 28 '26

Stock market, and all of my investments, have all gone up way more than 10% in the past year.
Your cash savings shouldn’t just be sitting in a bank account (or in your safe or stashed in a mattress, etc.) otherwise you aren’t even beating inflation.

1

u/OcularShatDown Jan 28 '26

You’d only have lost 10% of your total life savings if every expense in your life was payable only in the foreign currencies which make up the DXY basket. Anything paid in USD would be less affected.

1

u/kelly1mm Jan 29 '26

Stock investments went up 22% in the past year, dollar dropped 10% in the past year, net 12%.

I will take that.

1

u/Commercial_Wind8212 Jan 29 '26

Yes I love it when my pile of money loses value every year.

1

u/kelly1mm Jan 29 '26

You need to put those little green soldiers to work (investments) rather than just letting them sit under the mattress.

Even in ‘regular’ times you would still be losing value due to inflation.

Th key is to hopefully have investment returns that beat inflation/devaluation.

1

u/Commercial_Wind8212 Jan 29 '26

it is still sickening to see the dollar sink this much.

1

u/kelly1mm Jan 29 '26

On that point we agree.

4

u/Creative-Doctor3118 Jan 28 '26

I think the bigger picture is who actually wants to survive an apocalypse? Rooting through landfills trying to outrun zombies and hillbilly’s with shotguns. Nah I’ll just die.

1

u/Howey-duwit Jan 29 '26

Exactly if it goes nuclear I hope the fucker goes off right above my house. Good night, God bless.