I live in Utah. There is a large number of stores in the state that sell preparedness supplies. The founder of the local religion prophesied back in the 1800s that there would be a multiyear famine to wipe out the sinners. The saints needed to have seven years of food on storage to survive the event.
Many local businesses advertise that food storage should be the first line of insurance.
I think there is merit to the argument. Unfortunately, I am not a fan of the highly processed food sold for storage.
However, I decided that I like to have wine on hand.
Bottles of wine tend to hold their value; So, I would put forward that a well stocked wine cellar is one of the best hedges against inflation.
I think wine is a better hedge than silver or gold. There are so many fake coins on the market that most people will be skittish about trading for silver and gold.
In contrast, I think that cheap bottles of wine will hold their value.
The liquor stores in Utah are owned by the state. They put a huge mark up on wine. I bought $72 of wine. The box is for drinking. The bottles will go into the food pantry and given as gifts.
Of course, the best idea is to buy cases of wine. Anyway, when the price of HIVE hits $40, I will probably sell off some of my holdings, dig myself a wine cave in preparation for the prophesied calamity. I figure that the guy who shows up at the party with a bottle of wine will be more welcomed than the person with freeze-dried bananas.