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Poll: Do you own physical Gold or Silver or Both?
I own physical Gold
I own physical Silver
I own Both
I own neither
I only own paper metals
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Do you own physical Gold or Silver or Both?
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AOC's Missing Boyfriend Offline
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Post: #351
RE: Do you own physical Gold or Silver or Both?
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.
04-07-2019 05:38 PM
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Iconoclast007 Offline
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Post: #352
RE: Do you own physical Gold or Silver or Both?
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

.
(This post was last modified: 04-07-2019 05:57 PM by Iconoclast007.)
04-07-2019 05:40 PM
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Iconoclast007 Offline
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Post: #353
RE: Do you own physical Gold or Silver or Both?
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.
(This post was last modified: 04-08-2019 12:59 AM by Iconoclast007.)
04-08-2019 12:43 AM
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Arado Offline
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Post: #354
RE: Do you own physical Gold or Silver or Both?
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?
04-08-2019 03:52 AM
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Tail Gunner Offline
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Post: #355
RE: Do you own physical Gold or Silver or Both?
(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.
(This post was last modified: 04-08-2019 11:01 AM by Tail Gunner.)
04-08-2019 10:27 AM
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Iconoclast007 Offline
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Post: #356
RE: Do you own physical Gold or Silver or Both?
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.
(This post was last modified: 04-08-2019 01:24 PM by Iconoclast007.)
04-08-2019 01:12 PM
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Tail Gunner Offline
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Post: #357
RE: Do you own physical Gold or Silver or Both?
(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.
(This post was last modified: 04-08-2019 01:49 PM by Tail Gunner.)
04-08-2019 01:49 PM
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Iconoclast007 Offline
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Post: #358
RE: Do you own physical Gold or Silver or Both?
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.
(This post was last modified: 04-08-2019 02:08 PM by Iconoclast007.)
04-08-2019 01:59 PM
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Uzisuicide
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Post: #359
RE: Do you own physical Gold or Silver or Both?
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/
04-08-2019 02:38 PM
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Iconoclast007 Offline
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Post: #360
RE: Do you own physical Gold or Silver or Both?
I placed an order today for Austrian Phylharmonic 1oz silver rounds. Ive never been more comfortable making an order.
(This post was last modified: 04-08-2019 04:40 PM by Iconoclast007.)
04-08-2019 04:39 PM
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Tail Gunner Offline
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Post: #361
RE: Do you own physical Gold or Silver or Both?
(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.
(This post was last modified: 04-08-2019 05:11 PM by Tail Gunner.)
04-08-2019 05:10 PM
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Iconoclast007 Offline
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Post: #362
RE: Do you own physical Gold or Silver or Both?
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.
(This post was last modified: 04-10-2019 02:41 PM by Iconoclast007.)
04-10-2019 02:40 PM
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Tail Gunner Offline
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Post: #363
RE: Do you own physical Gold or Silver or Both?
(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?
(This post was last modified: 04-10-2019 06:18 PM by Tail Gunner.)
04-10-2019 06:13 PM
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Iconoclast007 Offline
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Post: #364
RE: Do you own physical Gold or Silver or Both?
Hemp?
04-10-2019 06:36 PM
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Iconoclast007 Offline
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Post: #365
RE: Do you own physical Gold or Silver or Both?
Any precious metal mining stocks that you guys reccomend?
04-11-2019 02:57 PM
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Tail Gunner Offline
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Post: #366
RE: Do you own physical Gold or Silver or Both?
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.
04-11-2019 03:53 PM
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