Not really the question came from a place of fear and the guy wanted to put all his money in physical gold. The short answer is pay attention but for now hold cash. The inflation cost is the opportunity cost of the capital to have it available when the buy opportunity comes.

The guy asking the question has a LOT of money sitting and plans to buy for cash when "the market stabilizes".

My answer in short was hold cash, shop NOW, buy when you find the right property and fuck what the market does or does not do in the future.

If he wanted to hedge against inflation I recommended say 25% of the money if he insisted on gold I suggested an ETF since it is instantly liquid and does not have spot spread. In the end I said put it in cash and may be 25% in BTC is what I would do personally.

This is money to be spent when the opportunity comes, does no good if you must take a loss to access it.

I'd not of given the BTC at 25% two years ago btw, I'll do that now as we are less than 12 months from a halving, and math.