I've had most of my long term investments in hedge funds for many years. My intention was to protect my investments from a major downturn in the stock markets. This strategy served me well in 2008. My fear now is that there could be a large drop in the value of printed money. Stocks would offer you some protection from that. The people that held on to their stocks during the collapse of the German mark held on to their wealth. I don't think that my hedge funds would offer you much protection from a currency collapse. For example a $100,000 hedge fund might hold $100,000 of equities on the long side and $100,000 on the short side. In the event of a currency collapse the long side would increase in value roughly the same amount as the short side would go down in value. The end result could be that you still have $100,000 in your hedge fund. However your $100,000 might not buy a week's groceries in the aftermath of a currency collapse. Does anyone have any opinions?