I wrote an article a few months ago about my opinion on cash, which wasn't very favorable toward the fiat monetary system , and my view still stands the same, although i think it still has some great uses, cash is handy to have a stash on hand for emergencies and it is still has some good uses like in my field of work doing cashy's on the side to avoid paying taxes and GST on your wages, although with the way the cashless society is being pushed even the cash jobs are becoming a rarity, that brings me to point of slowing down the transition to a cashless society buy using cash where you can, although in my opinion the hole in the ship is to big already in the fiat money system and cashless is inevitable at this stage, with internet shopping growing bigger by the day and the ease of paying bills online, Although at this stage cash becomes irrelevant anyhow as there are plenty other (and better) stores of value to hold.
Another avenue of storing wealth is the stock market although i still hold some shares in the Australian stock market i have been slowly divesting out of it, as it has became more and more obvious that nearly all stock markets around the world at this stage are majorly manipulated and so far over valued that it is simply too much of a gamble to invest your hard earned dollars in at this stage in the game, you may as well go play roulette at your local casino..
About 10 years ago i quit my apprenticeship to seek fortunes in the mining boom, starting work as a drillers offsider for a small exploration company, i didn't know much about, or really care for the precious metal called Gold before i started working in the industry, My employers wife at the time was a geologist and she had suggested to me that i put 20% percent of my wages into physical gold, she was willing to arrange it all for me, I was young and dumb though and just wanted the cash! what was i going to do with a shinny bit of metal?? back then gold was at around 600 - 700 dollars an ounce, i am kicking myself now, As when i left the mining industry i did not have a penny left to my name. I did take an interest in gold though and did start buying into it when it was around 900 - 1000. Gold is not a get rich quick path although history has proven it will gradually go up in value and it is a limited resource, , although the way it has been manipulated the last few years some would think its infinite, the good thing is that manipulation will not go on forever and it will come crumbling down and get exposed eventually and when it does gold's true value will come into light, Gold and silver are more an insurance and a safety net against the corrupt monetary system..A mate only got me into silver 3 or 4 years ago and i came across the silver shield collection and loved the artistry and slogans on them and started stacking from there.
Silver is being even more manipulated than gold and the mainstream economic so called experts even refer to it as"junk" now. more the reason to buy it in my opinion, silver will sky rocket along side gold when the time is right...
Cryptos, i missed the boat with bitcoin initially after blowing over 100 coins i bought under 50 dollars, but still hold some and will hold them for the long run, i made a decent profit on ethereum but again not enough to go buy that property and live off-grid, Eos is one i wont miss the boat on and am using my profits from ethereum to get as much as i can in the year long token sale...
It says in the Bible in revelation that in the end days that no man who is part of the beast system will be able to buy or sell without having the mark of beast either in their hand or in the forehead, many believe this will be a microchip and the way things are heading that theory is looking more promising every day,The way blockchain is heading i think that some kind of cryptocurrency will be ushered in to take place of the fiat system when it finally gives way, maybe a worldcoin or something along those lines.
In my conclusion there is no time better than now to prepare for the economic changes of the near future and if this beast system does come into play there will always be ways around it with multiple ways to store wealth.
cheers for reading.