Time to buy real assets

[sprstpd]

I'll never understand these people who consider gold and silver to be real assets. If it came down to some sort of apocalyptic world, gold and silver would be the last thing people would seek.

Read a history book and you'll understand.

 

[sprstpd]

barring another GFC, inflation is on the rise. It will likely eventually stabilize at around 4% or 5% which is the long term equilibrium in a normally functioning economy. I for one am looking to invest in one or two rental properties to participate in reflation - I just put in an offer on a two family building.

Inflation never stabilizes easily.

 

[vanzandt]

I'll never understand these people who consider gold and silver to be real assets. If it came down to some sort of apocalyptic world, gold and silver would be the last thing people would seek.

Second to the last....
The last thing would be bitcoins.

 

[Money Trust]

Read a history book and you'll understand.

I've read history books and have probably forgotten more than you know about monetary history. A true study of the subject shows the idea of gold being an asset to be extremely silly.

 

[algofy]

I've read history books and have probably forgotten more than you know about monetary history. A true study of the subject shows the idea of gold being an asset to be extremely silly.

I think rental real estate or tillable farm ground is much better long term than precious metals.

 

[W.J. Feathermaker III]

I think rental real estate or tillable farm ground is much better long term than precious metals.

Entry price to all of those assets is still important

 

[algofy]

Entry price to all of those assets is still important

Very true, especially farmland.

 

[Money Trust]

I think rental real estate or tillable farm ground is much better long term than precious metals.

Yeah, that's what I think of when we discuss assets...things that will be in high demand in some sort of post-apocalyptic scenario. Gold just doesn't make the grade.

 

[vanzandt]

Yeah, that's what I think of when we discuss assets...things that will be in high demand in some sort of post-apocalyptic scenario. Gold just doesn't make the grade.

Tobacco makes a great currency.

 

[algofy]

Tobacco makes a great currency.

Yep and booze, food, gambling, and women!! Sorry LGBTQ crowd let me restate that last word.

Women, men, trans, questioning, other, none, all