Let’s say, I know recession begins (whatever that means) in exactly 60 days. What are the financially savvy moves to make free money?
Given this bonkers market, even if 100% of the world recognized the US was in recession, I am not sure what you can predict would happen.
You can place your bets against the US, and considering how unstable things are it might pay off down the road. I think that however ugly the economy gets in the next few months/years this isn't the impending collapse of the US economy, so it'll probably improve again eventually. That said, I've considered converting some cash to foreign currencies whose value is less likely to decline as quickly.
Things will probably get worse before they get better and I'm not sure that there's much most people can do about it anyway besides giving up and buying Labubus (https://www.youtube.com/watch?v=l1O6bN2zWSM)
Invest in gold mining stocks and/or ETFs (see NUGT).
Actually, you're already a little late on this. Gold is up almost 40% in 2025 but most observers seem to think it still has room to run.
Doesn't gold also go down during a market crash?
Not with the dollar falling against all major world currencies and treasury bond yields rising.
Basically, we have a perfect storm of economic idiocy brewing on multiple fronts and gold and commodities are likely to be one of the few safe havens.
Capital is fleeing the US and not only can the Fed not stop it but it is under political pressure to accelerate it.
go to cash so you can buy assets at a lower price
Dollar lost 11% this year.
https://www.tradingview.com/symbols/TVC-DXY/?matchtype=e&tim...
https://www.morganstanley.com/insights/articles/us-dollar-de...
well aware. i'm still living in the US, using US dollars to buy US-based assets
Could always buy EUR or CHF