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


To: carranza2 who wrote (93684)8/19/2012 1:26:39 PM
From: Haim R. Branisteanu1 Recommendation  Read Replies (4) | Respond to of 217742
 
Thank you, my remarks are related to my search of a true store of value over many years that span well over a generation, as mentioned 30 to 40 years.

transitory price fluctuation of asset classes are natural and 10% to 15% over 1 to 2 years are very common.

For several years now, I am trying to ascertain what would be a true store of value that outperforms other means of investments and returns a compound performance above inflation, without the need to engage in selling or buying over that period of 30 to 40 years or the danger of confiscation or excessive taxation, which is very real for gold as an example, as it was done in the past.

I differentiate between trading even once or twice a year, like let say writing long term puts on gold if I do not mind to own it at lower prices, or vice versa, and a situation where I buy and hold and forget about it, except some steady maintenance fees and income as an example for fertile agricultural land (for lack of better definition), which in itself is not as simple to own and rent.

Items or works of excusite fine art may fit such definition, but its maintenance and price fluctuation are huge and the disposal expenses very expensive and final price highly unpredictable, therefore it cannot qualify at all.



To: carranza2 who wrote (93684)8/19/2012 10:32:33 PM
From: Cogito Ergo Sum  Respond to of 217742
 
that national reserves are made up of bullion :o)

TJ must have some filing system... I just remember stuff was said somewheres even way back but need to find it again.. (why I love Google and and decent search engine)

Anyway..there is a sovereign named in this post with I suspect a solid balance sheet backed by various precious metals :O)

Concur on the PLATINUM. Had been selling puts on NEM and SWC. Had also sold some covered calls on some % of NEM holdings (strike 40), as I do not actually believe collapse is imminent. Safe deposit is stuffed with Aussie PLATINUM coins collected in the past 10 years. These are not meant as an investment at all. Simply an anchor for the boat. Thinking of it as a mini-precious metal backed country named Jay. Yup, we overseas Chinese are nuts, believing in nothing official and trusting no one we can not lay our hands on.

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