I found an old article that discusses how to protect against 2 scary scenarios: hyperinflation and deflation. There was a lot of talk about both in 2004-2006, not so much recently. Still I thought it’s worth a read:
Hedge against hyperinflation:
gold – bullion, stocks, mutual funds.
Hedge against deflation:
Long-term Treasury securities.
The recipe goes like this: 1 part gold, 1 part T-bills; allocate 5% for each; stir gently.
🙂 Silly, I know.