Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (36060)	7/24/2005 11:39:38 AM
From: GraceZ	Respond to of 306849

Gold should also retain some value. The goal with hyper-inflation is survive. Hyper-inflation almost always results in a change of government with all the dislocations and breakdowns in law and order that come with that. In the case of gold, as in land, you have to be willing and able to use force and/or cunning to defend your property rights to it. Abrupt changes in government have resulted in loss of property rights both for gold as well as land. Gold is easier to hide and take with you if you have to flee, but land will feed you even when social order is in complete break down mode, if it resides in a place which is defensible. The other difference is that gold has to be liquidated to feed you whereas land does not and both have relatively high transaction costs. I'll take my 4.5 rural acres with a stream over the gold equivalent any day in a hyperinflation.