Hard Asset Definition
Hard assets are considered the most valuable of the asset classes because they can be used to trade for other goods or can be used to produce more goods. Plus, they will still be around when a giant EMP pulse destroys all electronics on the earth, wiping out all financial records.
If you are looking for an inflation hedge then hard assets is where you want to run. I’m sure you have heard about hard assets like gold, oil, or other commodities and how they are where investors turn when they fear the future of a currency.