Permanent-style portfolio

25% gold · 25% equities · 25% cash · 25% commodities · quarterly rebalance · physical coin costs applied · computed 2026-07-19 with the same engine the app runs.

Real return in each crisis window. Green preserved purchasing power; red lost it.

Crisis	Real return	Max drawdown	PP ratio	Recovery
The 2008 financial crisis	+15.6%	−19.9%	1.16×	17.7 months	Read
The 2020 COVID crash	+5.6%	−10.0%	1.06×	67 days	Read
The 1970s inflation decade	+69.7%	−17.3%	1.70×	3.1 years	Read
The dot-com bust	+15.7%	−14.8%	1.16×	2.1 years	Read
The Volcker double-dip	−24.3%	−25.0%	0.76×	not recovered in window	Read
The eurozone debt crisis	+0.7%	−5.8%	1.01×	4.2 months	Read
The 2022 inflation and rate shock	−4.0%	−12.0%	0.96×	not recovered in window	Read
The 1987 crash	−7.5%	−9.7%	0.92×	not recovered in window	Read

Averaged across eight crises, a Permanent-style portfolio returned +8.9% in real terms per window. Its best window was the 1970s inflation decade (+69.7%); its hardest was the Volcker double-dip (−24.3%), and the deepest real drawdown, −25.0%, came in the Volcker double-dip. Figures are real, after quarterly rebalancing and physical coin costs.

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Averages weight each crisis window equally; they summarize history, not a forecast. Sources and definitions: methodology.

Educational estimates, not financial advice