Disclosure: Clicking on links may earn me commission from Joining Augusta Precious Metals, at no additional cost to you. Thanks for reading!

Learn key investment strategies for a collapsing dollar. Discover key assets to protect your wealth.

Best Investments to Own When the Dollar Collapses

Disclaimer: This website and its content are for informational purposes only and is not financial advice.

During a dollar collapse, consider diversifying into hard assets like gold and real estate, and possibly foreign currencies or commodities to preserve wealth. These tend to hold value when fiat currencies decline.

The Enduring Appeal of Gold

One of the first things people often consider when thinking about what to own when the dollar collapses is gold. Throughout history, gold has been seen as a safe haven asset, a store of value that tends to hold its ground even when traditional currencies falter.

It’s a tangible asset that isn't tied to any particular government's monetary policy, which can be a significant advantage during times of economic uncertainty and when considering what to own when the dollar collapses.

Silver's Dual Role

Silver is another precious metal frequently discussed in the context of currency devaluation. Often referred to as "poor man's gold," silver shares some of gold's safe-haven characteristics but also has industrial applications.

While it can be more volatile than gold, its potential for increased demand in various industries alongside its monetary appeal can make it a worthwhile part of a diversified strategy when considering what to own when the dollar collapses.

Tangible Security in Real Estate

Beyond precious metals, real estate is often cited as a tangible asset that can hold its value during inflationary periods or when a currency weakens. Owning physical property can provide a degree of stability because its value is often tied to its utility and the land it sits on, rather than the fluctuating value of a specific currency.

Of course, real estate markets can vary significantly by location, and liquidity can be lower compared to other asset classes. However, as a long-term store of value, particularly income-generating properties, real estate can be a significant consideration when thinking about what to own when the dollar collapses.

Updated May 4th, 2024

Share this:

The World of Commodities

Another area to consider when exploring what to own when the dollar collapses is commodities. These are raw materials such as oil, natural gas, agricultural products like wheat and corn, and industrial metals. As the dollar weakens, the price of these globally traded goods may rise in dollar terms.

Investing in a broad basket of commodities or specific commodities that you believe will see increased demand could be a way to hedge against dollar devaluation. It's important to understand the factors that drive commodity prices, which can be influenced by supply and demand dynamics, geopolitical events, and global economic growth.

Exploring Strong Foreign Currencies

Certain strong foreign currencies could also be considered when thinking about what to own when the dollar collapses. If the dollar weakens relative to other currencies, holding assets denominated in those stronger currencies could provide a degree of protection.

Identifying economies with sound fiscal policies and stable growth prospects is key when considering this strategy. However, currency exchange rates can be volatile, and this approach requires careful monitoring of global economic trends and geopolitical developments.

Investing in Resilient Companies

Investing in companies that have strong fundamentals and the ability to pass on price increases to consumers might also be a prudent approach when considering what to own when the dollar collapses.

Businesses that sell essential goods or services often have more pricing power during inflationary times. Identifying companies with a competitive advantage, strong balance sheets, and a history of navigating economic downturns could be a valuable part of a resilient investment strategy.

Diversification and Professional Advice

It's crucial to remember that no single investment is a guaranteed safeguard against currency collapse, and diversification is often recommended. Spreading your investments across different asset classes may help mitigate risk.

Understanding your own risk tolerance and financial situation is also paramount before making any investment decisions. Consulting with a qualified financial advisor can provide personalized guidance based on your specific circumstances when considering what to own when the dollar collapses.

If you would like to open a Gold IRA, or purchase gold and silver. I recommend Augusta Precious Metals. Their commitment to transparency, high-quality service, and client education makes them a top choice.

Visit Augusta Precious Metals

Subscribe to Newsletter

Get updates on new Gold IRA posts, market news, and more.