  Serious question (I am no scholar on history), where were the safe harbors during the Great Depression?

Cash. Cash because everything became deflationary including a 90% crash in stocks. But I don't see a crash like that (Knock on wood). People are too aware nowadays to buy the dip. If a crash like that happens, then it'd be end times like nuclear war or alien invasion.

▲ M95D 19 hours ago | parent [-]

It can't be cash today. Back then, cash was tied to gold. Now any governement can print more cash to "ease" the crash and it's the very first thing they'll do.

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josefresco 13 hours ago | parent [-]

So, gold then?

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M95D 10 hours ago | parent [-]

Gold can't be sold (easy), unless you trust the bank to hold it, but then, if the bank fails you might not get your gold or your money back.

Also, gold won't help at all in case of a crash. What you'll need is food and gold value is too big to buy food. Silver might work, but it has taxes unlike gold.

	▲	ninininino 9 hours ago \| parent [-]
		Gold can absolutely help in a crash. While it's more correlated to equities than bonds or cash, its better to be in equities and gold than pure equities in an equities crash during a period of high inflation.