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


To: Haim R. Branisteanu who wrote (86994)2/9/2012 3:39:55 AM
From: Snowshoe  Read Replies (3) | Respond to of 218963
 
Gold not a reliable inflation hedge-study
af.reuters.com

In the period since 1900, gold gave a real return of 1.1 percent in sterling terms and its value fluctuated widely, the study published by Credit Suisse and London Business School's Elroy Dimson, Paul Marsh and Mike Staunton.'

*****

The report said global equities, the best performers among different assets since the start of the 20th century with a 5.4 percent annualised return, beat inflation in the long run.



To: Haim R. Branisteanu who wrote (86994)2/9/2012 5:38:22 AM
From: clochard  Read Replies (1) | Respond to of 218963
 
What other asset would you recommend to an unsophisticated person having limited funds? Governments can seize or tax land. Other assets are expensive to hold and trade. Gold is well understood, liquid, cheap to store, portable, and importantly, its value is relatively safe.



To: Haim R. Branisteanu who wrote (86994)2/9/2012 6:10:29 AM
From: Follies  Read Replies (3) | Respond to of 218963
 
I want an asset that I can carry in a suitcase that is accepted universally. Got any suggestions?



To: Haim R. Branisteanu who wrote (86994)2/9/2012 5:55:10 PM
From: RJA_  Read Replies (1) | Respond to of 218963
 
Hiam, there are issues with the assets you mention:

1. Ag land:
a. Taxable, annually.
b. Not portable.
c. Not liquid
d. Has already been bid up quite a bit.
e. Requires leasing to someone who knows what they are doing, and will not mess it up.

2. Orchard or vineyard:
a. Requires ongoing maintenance.
in addition to a - e above.

3. Forrest: Yup good, except for the risks of:
a. Fire (which is a frequent occurrence around here).
b. Pine bark beetles (same)...
c. If you get through all that, maybe you can harvest in 30 years, depending on location, moisture, climate.

4. As for "not more mundane and much more expensive metals":
a. Platinum and palladium, I agree, especially with the producer situation in South Africa lately, and the rarity as compared to Au... but dependent for 50% of demand on auto production... so you would have to expect an improving economy... (which, who knows, we may have with all this qe).
b. Would like to know your other choices here... other choices in a Bernanke world would would be handy to evaluate... For example, Cu has done well lately, but starting to look a bit toppy perhaps.



To: Haim R. Branisteanu who wrote (86994)2/13/2012 4:14:06 PM
From: paintbrush  Read Replies (1) | Respond to of 218963
 
Haim, I am not saying horad all the gold you can get, gold (physical) is convertible and part of my investments. I can take it to any country and exchange it for whatever.

In the meantime, I have pear and apple trees, garden, learned to can last summer, dehydrate food, etc. Cook in a solar oven. Big swimming pool for entertainment and emergency water. Lake with in walking distance if things really meltdown. On septic tank, so no worry about city sewer failure. Deer in yard all the time. Would like to drill for well...and use a solar source for pump.

Rhett Butler liked gold during the Civil War. He also traded in bullets, which he was able to acquire more gold. He was such a renegade!

Yep, Guns, Gold and Grain, just might come in handy.

What really concerns me is oil. (Need to keep gun in good working order, among other machinery)

The US has enough oil in the Strategic Petroleum Reserves for 34 days.

Link here:

fe.doe.gov

I don't see why Barclay Bank and Morgan Stanley needed oil. But they got it. In the mean time Obamy wants to send $800M to help with the Arab Spring! OMG!

Issued on: July 11, 2011 Department of Energy Update on Strategic Petroleum Reserve Sale


MORE INFO Washington, D.C. –Today the Department of Energy announced the completion of the bid process and successful contract award for the full 30.64 million barrels of SPR oil sold through its competitive sale process. A total of 28 contracts were awarded to 15 companies. The Department is currently coordinating with the successful contract awardees, the Maritime Administration, and the Department of Homeland Security to facilitate and streamline deliveries, including those for companies that have requested early delivery of the crude oil in July 2011. This completes the initial phase of the draw down of the Strategic Petroleum Reserve as directed by President Obama and fulfills the United States’ obligation under the International Energy Agency response to offset the disruption in oil supply caused by unrest in the Middle East.



To: Haim R. Branisteanu who wrote (86994)1/3/2017 9:48:15 AM
From: elmatador  Read Replies (1) | Respond to of 218963
 
Aside why only metals?

Metals was TJ helping his friends in Mainland China during the growing years.
They need a store of value to keep the money off authorities eyes and hands
I guess now they are selling the gold. to get good old cash and decamp from China com gusto

Se China on capital flight