Post: #351

Yes, in gold, primarily gold bullion. Mainly Maple Leafs, Krugerrand, and some Buffalo. I have other gold coins of course, but those are mainly for collector's purposes.

In silver I'm almost completely stockpiling Morgans, Peace dollars, and Silver Eagles. With some silver quarters in bulk thrown in as well as some dimes.

I'm gone beyond that in recent days, and also have a few Palladium Maple Leafs and some Platinum Eagles.

Post: #352

Of all the real-estate categories Agriculture is best in recession. As you say people have to eat and there not making more farm land. Organic food is a growth industry. Owning a small farm for personal use is a smart idea if your up for the work. Owning a small farm as a business is a hands on operation , not a passive investment . Its a career choice in addition to an investment.

That said, I still would not want to be owning real estate in the next downturn. The prices are inflated with low interest , QE and public fund induced speculation. If I choose to own agricultural realestate I would own it for cash with no debt and put away some gold to make sure I could always pay the taxes .

I recently sold my realestate holdings and My plan right now is that im 50% in Gold and Silver and 50% in Cash. I will likely buy a small family farm in Estonia when the next recession starts with my cash .

I beleive deflation will hit before inflation kicks in *Stagflation

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Post: #353

I would like to add:

My plan, should the near future unfold like the fundamentals dictate(could be wrong)

1.Im buying gold and hoarding cash now.
2.recession starts, deflation kicks in. Realestate crash drops as do stocks.
3. Use gold as collateral to get a long term fiat loan to buy a small farm for cash. Leave some gold unleveraged as insurance to always pay property tax. This would also prevent any capital gains taxes for selling the gold. Since im using gold as collateral and debt is not income its a tax advantaged plan. Should for whatever reason i not be able to pay loan, my land cannot be seized (the gold is the collateral).
4. As deflation gets worse, governments will QE to infinity and at this point hyperinflation will set in and gold will soar. Since I still own my gold, I enjoy appreciation and pay off loan more easily with cheaper dollars.
5.the future could likely be one of locally grown food consumed locally. Precious metals will retaken their position as real money or backing real money and have incredible value compared to this insanity we see today.
6.I die and leave my viking sons, food producing farm-land and gold. I teach them the truth of Male/Female interaction and their rightfull place as head of their future households.

Note:Basel 3 just changed the way banks look at gold. It is now considered a tier 1 asset like cash. This will change the way gold is used in banking and give it strength as collateral.

Post: #354

POTUS is pushing more monetary stimulus.

Quote:United States president Donald Trump said on Friday the US Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down. “I think they should drop rates,” Trump told reporters. “I think they really slowed us down. There's no inflation.”

The US president also suggested that the central bank pursue an unconventional monetary policy called “quantitative easing” that was used to nurse the economy back after the global financial crisis. The technique used from 2008 to 2014 involved buying trillions of government-sponsored bonds.

“It should actually now be quantitative easing,” Trump said.

Trump's repeated public attacks on Fed policy and his intention to nominate two political allies to the central bank's board of governors has led some analysts to see the economic policymaker's cherished independence as under attack. The White House has said it does not wish to undermine the central bank's independence.

The renewal of quantitative easing, Trump said, should be in addition to interest rate cuts - a likely worrying thought, at this point, for Fed officials who describe such a combination of tactics as only appropriate in a dire downturn.

There is long term damage being done to the Fed's credibility - which would in the long term bode well for owners of precious metals.

In terms of agriculture investing, it's a bit of a pain to own and run a farm for those stuck in big cities. What about agriculture focused REITs?

Post: #355

(04-07-2019 05:40 PM)Iconoclast007 Wrote:  Owning a small farm for personal use is a smart idea if your up for the work. Owning a small farm as a business is a hands on operation , not a passive investment . Its a career choice in addition to an investment.

(04-08-2019 03:52 AM)Arado Wrote:  In terms of agriculture investing, it's a bit of a pain to own and run a farm for those stuck in big cities. What about agriculture focused REITs?

This is exactly what I mean about thinking outside-the-box. A farm can indeed be a passive investment. Or if you are an American living overseas and can commit about ten hours a week of management time yourself (in addition to daily farm management by a third party), you could also conceivably draw a tax-free salary up to $104,000 under the Foreign Earned Income Exclusion.

There are many options available, constrained only by your imagination and the tax code. Unfortunately, because of the recent Trump tax law, the days of holding tax-deferred retained earnings in offshore corporations are now over for U.S. citizens. This includes farms, unless you can get really creative while still complying with the tax code.

Just think about all of your assumptions and how erroneous they are. Compete against big ag. Uh, no. Grow conventional crops. Uh, no. Become a farmer and work in the fields. Uh, no (unless you want that lifestyle change). Just as a matter of logic, why would any thinking person do any of that? Significantly, all of these erroneous assumptions stem from inside-the-box thinking.

Instead of thinking about "agriculture focused REITs," how about committing to some real research and thinking about a farm management company? This is why many people do not get far in their financial life. They make assumptions based on ordinary conventions and fail to perform basic research. Even gold bugs, while contrarians, are still part of a pack with set thinking patterns. Gold and silver are great insurance, but they should be a mere complement to a true financial survival plan. You can do better. Separate yourself from the pack by educating yourselves. Learn what is out there.

Post: #356

Ok Tailgunner.

Ill leave the small, organic farms and management companies all to you. Ill own a small spread of land as a life hack for personal consumption and food security but not for profit. Enjoy your parabolic returns of a small farm that simultaneously pay a mangement company while maintaining margin. Beware of not being on site. While the cat"s away. , the mice will play.

Ill stick with portable, private, physical gold and silver off the radar of the USSA. I intend to renounce my US citizenship next year, largely because Trump's Bullshit Tax plan that shafted Expat Entrepreneours. I look forward to stepping into the Embassy and handing over my passport!

For outside the box I prefer Privacy Centric Cryptocurrency.. Look into MONERO, PIVX, MSR, RYO, DASH

Tax evasion is a sport.

Fock the government.

Post: #357

(04-08-2019 01:12 PM)Iconoclast007 Wrote:  Ill leave the small, organic farms and management companies all to you. Ill own a small spread of land as a life hack for personal consumption and food security but not for profit. Enjoy your parabolic returns of a small farm that simultaneously pay a mangement company while maintaining margin. Beware of not being on site. While the cat"s away. , the mice will play.

Still not thinking outside-the-box. An essential non-negotiable investment precept is the optimal alignment of interests.

Crypto is a speculation, not an investment -- and speculations should always represent a very small portion of your portfolio. In fact, if you invest wisely, a speculation will never make you wealthy, it will simply supercharge your returns.

Post: #358

Past performance is not indicative of future results.

On the contrary to your comment on portfolio balance. It is my opinion that relaestate and stocks are a speculative asset class. Its been artificially inflated with speculation associated with ultra low interest and QE induced fiat liquidity backed by faith. I currently have zero exposure to stock or property. Im comfortable in Precious Metals and with a small portion in crypto. Balance in cash in multiple currency (franks, rubles, usd, euro.) to take advantage of distressed assets in recession.

Post: #359

Silver being at around $15 an ounce is a steal. Right now there's no downside to investing in silver. Stockpile it fellas! When your cash loses value silver goes up. Lots of room for growth in silver from its $48 an ounce high around 2011. Here's a site that I use to track the value of silver and gold coins. http://www.coinflation.com/

Post: #360

I placed an order today for Austrian Phylharmonic 1oz silver rounds. Ive never been more comfortable making an order.

Post: #361

(04-08-2019 01:59 PM)Iconoclast007 Wrote:  Past performance is not indicative of future results.

On the contrary to your comment on portfolio balance. It is my opinion that relaestate and stocks are a speculative asset class. Its been artificially inflated with speculation associated with ultra low interest and QE induced fiat liquidity backed by faith. I currently have zero exposure to stock or property. Im comfortable in Precious Metals and with a small portion in crypto. Balance in cash in multiple currency (franks, rubles, usd, euro.) to take advantage of distressed assets in recession.

I said nothing about investing in stocks. In fact, as I already said, "I have arranged my financial affairs so that I have little exposure to the next financial calamity," which means stocks, bonds, derivatives, and all other financially manipulated paper assets.

Real estate is a speculative asset class only if you invest in an already overvalued market, which is arguably much of the developed world. Most of the developing world is still subject to normal market forces and normal interest rates, however, which is why I previously stated "Hint: When you review this chart, the farmland discussed is U.S. farmland, which is very expensive. You can build a farm for far less elsewhere in the world, with a much higher return on investment. Those returns far outshine stocks with far less less risk."

Honestly, I do not have much of a problem with your stated strategy. My only point is that with a little effort, and by thinking outside-the-box, you could do much better. I also understand that some people may not have the time or inclination to do intensive research -- or may have other priorities in their life.

Post: #362

In what country do you suggest is a good farm land opportunity?

Im here in Eastern Europe and I think Latvia has decent prices. Estonia is overvalued. I wouldnt want to own farmland too far from my residence. I wouldbt trust a 3rd party to manage it.

I really think diversified Cash, Gold/silver and privacy centric Crypto are the only stores of value I find attractive in the present climate.

Post: #363

(04-10-2019 02:40 PM)Iconoclast007 Wrote:  In what country do you suggest is a good farm land opportunity?

Im here in Eastern Europe and I think Latvia has decent prices. Estonia is overvalued. I wouldnt want to own farmland too far from my residence. I wouldbt trust a 3rd party to manage it.

I really think diversified Cash, Gold/silver and privacy centric Crypto are the only stores of value I find attractive in the present climate.

I do not know anything about agricultural land prices in Europe, but I do know that you cannot grow semi-exotic tropical fruit there, which is a huge disadvantage. As a foreigner, you cannot own land in most of Asia. Agricultural land in most of North America is high-priced. Africa is a perennial basket case.

So, that basically leaves Latin America, from Mexico down to Chile/Argentina. Much of that area is also ideal for growing high-demand high-priced semi-exotic tropical fruit trees. You will likely not achieve high yields growing potatoes, cabbage, and beets in Eastern Europe. Mushrooms, maybe?

Post: #364

Hemp?

Post: #365

Any precious metal mining stocks that you guys reccomend?

Post: #366

A good article about the proper mindset to have when investing in silver:

https://www.mauldineconomics.com/the-10t...ight-tail#


He also makes a great observation about how to properly invest in stocks to minimize risk (if you really feel that you need to invest in stocks). Stocks will kill you with volatility.

Quote:Two weeks ago, we talked about the 35/55/3/3/4 portfolio: 35 percent stocks, 55 percent bonds, 3 percent commodities, 3 percent gold, and 4 percent REITs (Real Estate Investment Trusts). That portfolio gives you almost the return of the 80 percent stocks/20 percent bonds portfolio with about half the risk.

Post: #367

(04-07-2019 05:38 PM)AOCs Missing Boyfriend Wrote:  Yes, in gold, primarily gold bullion. Mainly Maple Leafs, Krugerrand, and some Buffalo. I have other gold coins of course, but those are mainly for collector's purposes.

In silver I'm almost completely stockpiling Morgans, Peace dollars, and Silver Eagles. With some silver quarters in bulk thrown in as well as some dimes.

I'm gone beyond that in recent days, and also have a few Palladium Maple Leafs and some Platinum Eagles.

Is it easy to sell Palladium or Platinum bullion coins in shops or to individuals ? Do they start to be more liquid ?

Post: #368

I invested in gold for many years. But not any more. It's been obsoleted by Bitcoin.

Post: #369

(04-23-2019 06:56 PM)MrLemon Wrote:  I invested in gold for many years. But not any more. It's been obsoleted by Bitcoin.

That is one damn crazy statement. How can something that has had intrinsic value for all of mankind's existence suddenly be replaced by something that might not even exist in a few years? Gold is insurance; Bitcoin is speculation.

Post: #370

Although I think cryptocurrency has a bright future. I think bitcoin will be dead or dradticly collapsed within a few years. Its a government surveilance tool. Easier to track (and tax) than cash. It is also a pump and dump ridden speculation. The recent increase in price was a result of a single buyers transaction of 100 million. It will dump just as quickly with insider selling.

Gold and silver will always be preferable to digital forms of wealth. One of the properties of physical gold that give it such strength is anonymity. Bitcoin does not have a privacy feature.

Monero is more like digital gold than bitcoin.

Post: #371

Is there an advantage to owning coins, or are bars the way to go?

Post: #372

I own gold, a resource that has been valuable for thousands of years.

(04-24-2019 12:47 AM)Iconoclast007 Wrote:  Although I think cryptocurrency has a bright future. I think bitcoin will be dead or dradticly collapsed within a few years. Its a government surveilance tool. Easier to track (and tax) than cash. It is also a pump and dump ridden speculation. The recent increase in price was a result of a single buyers transaction of 100 million. It will dump just as quickly with insider selling.

Gold and silver will always be preferable to digital forms of wealth. One of the properties of physical gold that give it such strength is anonymity. Bitcoin does not have a privacy feature.

Monero is more like digital gold than bitcoin.

For some people bitcoin is their wet dream of being world conquerer when the dollar inevitably collapses "any day now." I've personally made a fair amount speculating in it, I now just have to find a way to dump my crypto in a tax friendly manner.

Government doesn't even have to ban crypto they'll tax it and there will be some suckers that think they got the last laugh by dutifully paying their taxes.

Post: #373

Belarus has a tax free crypto zone with 0% tax on crypto profits. Perhaps if you opened a Belarus corp to exit crypto could be a tax advantaged crypto exit strategy. You could then own gold fpr example stored in in switzerland with the proceeds.

You dont want to go from crypto to fiat via an exchange under your name especially if your a US citizen.

Bitcoin is a government surveilane tool. I pray it collapses.

Privacy coins lime Monero and its ilk, if proven resilient against government intrusion have true intrinsic value.

Tax evasion is sport. Fuck the government.

Post: #374

(04-23-2019 09:05 AM)Polniy_Sostav Wrote:  

(04-07-2019 05:38 PM)AOCs Missing Boyfriend Wrote:  Yes, in gold, primarily gold bullion. Mainly Maple Leafs, Krugerrand, and some Buffalo. I have other gold coins of course, but those are mainly for collector's purposes.

In silver I'm almost completely stockpiling Morgans, Peace dollars, and Silver Eagles. With some silver quarters in bulk thrown in as well as some dimes.

I'm gone beyond that in recent days, and also have a few Palladium Maple Leafs and some Platinum Eagles.

Is it easy to sell Palladium or Platinum bullion coins in shops or to individuals ? Do they start to be more liquid ?

That's the possible downside. A lot of shops just want to deal in gold or silver. Although it is a definite plus that I have maple leafs and eagles, which are universally known in the silver and gold worlds. Still, of course, you get more mileage with silver and gold. Given the global dynamic present with both platinum and palladium, and the limited sourcing options for them (thinking of russia here), I think they show promise. Now of course, I know very few casual individuals that even bother to touch platinum or palladium. Take that as you will.

-AOCMBF