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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: muscadine who wrote (16318)4/2/2007 5:26:07 AM
From: elmatador  Respond to of 218621
 
Agree 90%! Note that buying metal is a last resource for people who live in places where you cannot store value in other means. Hence the 10% disagreement.

I'm telling you that because I knew from close contact what inflation is and de-basing of a currency during hyper-inflationary years in Brazil. Not by reading book like TJ! Learned with my own money on the line.

Across countries -I learned- the only ones who lose are the weak, the poor and the ignorant.

The clever, the rich, the clever and the strong don't lose. Never!

Even during the hyper-inflationary years there were reserves of value besides precious metals

If you live in Brazil than there are other means to store a reserve of value.

So start selling this gold and start thinking land. Land that one can plant stuff. Then urban property in undervalued cities.

Do a Google earth and look in the world map which country has this lot of land to plant.