Quote: (04-07-2019 06:27 AM)Iconoclast007 Wrote:
It isnt just the USD and the USA. The whole world is racing to the bottom. China, EU etc. Physical Precious metals demand could easily start in Places like China, EU, before moving tonUSA.
The world isnt ending.
Zerohedge and Peter Schiff et al have been fundamentally right for the last 10 years. Fundamentals have not been important durring that time. This cannot go on for ever. Its musical chairs... A ponzi scheme.
"playing it safe" with Tbonds and walmart stock is an option. I prefer to hold real wealth in my hands.... Ill stick with precious metals and Dollar cost average.
I agree with most everything that you said. The financial world is completely out of whack, especially with artificially low interest rates and out-of-control government and corporate debt. Yet, there is always a reversion to the mean and a day of reckoning. The problem is the timing. This financial foolishness has gone on far longer than anyone would have guessed back in 2008.
Everyone who invests in the stock market knows the old adage: "Markets can remain irrational longer than you can remain solvent." In other words, you can be absolutely right about future economic events, but still lose everything that you own if you have the timing wrong (watch the film "The Big Short"). That is the problem with Zerohedge and Peter Schiff, etc. They have accurately diagnosed the problem, but they have no clue as to when the next financial calamity will occur -- or the extent of the damage.
So, if you do not want to miss out on gigantic gains (as NoMoreTO mentioned) and you also do not want to get left without a seat when the music ends and the ponzi scheme is laid bare (as Iconoclast007 mentioned) then
you absolutely must think outside-the-box. Too many people think in terms of a binary choice (either stocks and bonds -- or gold and silver).
How about just not playing the game (of the bankers)? How about investing in real physical assets that are far safer than the stock market, provide a greater return over time, create a life-long income stream (unlike gold and silver), and are recession proof? For example, you can invest in agriculture. It is a physical asset with a limited supply that will never decrease in value to zero, which (if you select the right crops) will consistently produce a return on investment greater than the stock market, which creates a life-long income stream, and is recession proof (everyone needs to eat, even during a depression).
In summary, think-outside-the box. Do not play someone else's game, especially when the deck is already stacked against you. I have arranged my financial affairs so that I have little exposure to the next financial calamity, yet by taking strategic protective positions and by opting out of the financial system I am still in a better financial position even if a financial meltdown
never occurs. You want to place yourself in an asymmetric financial position with little downside and an even better upside than even a hot stock market can provide. It can be done. Agriculture is simply one such asset class.
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.
At this retail price, even if you received only one dollar apiece as a grower, how many avocado trees do you need to grow to produce a great annual income? It is possible for an avocado tree to produce 200 to 300 fruit per tree once it is about 5 to 7 years of age. So, if 100 trees produce 200 to 300 avocados, this will produce 20,000 to 30,000 avocados which equals a $20,000 to $30,000 annual income. So, just plant enough trees to create the annual income that you want to achieve.