With NIRP taking hold, just wondering if anyone knew of any public companies that made personal safes. Like the ones you see for personal, consumer use.
Checked out DBD, but those are massive ones. Just looking for companies that sell the smaller, personal ones. Don’t see any public ones so far. Maybe I’m not looking in the right sectors.
Deflation will not be kind to gold IMO. People point to the great depression and how well gold did there - but that was when gold and USD were interchangable. No gold standard = cash becomes more valuable. Gold is just another asset when all asset prices are declining.
Outside of major crisis and rush to safety (gold), I feel it will perform like other precious/base metals and commodities during a deflationary spiral.
You have to think about who buys gold. Anything that makes fiat look bad (deflation, unexpected inflation, hyper-inflation) makes gold look good. It’s not about how gold does (it doesn’t do anything. It’s a rock). It’s how little faith the buyer has in fiat.
I thought this was going to be a thread about Apple and the FBI. If I owned a safe, and I don’t have the key, can the government force the manufacture to open it? I asked the manufacture nicely, but they said that is not within their policy. If a customer doesn’t have the key, they’re shit out of luck according to the world’s most profitable safe company.