-
Be sure to read this post! Beware of scammers. https://www.indianagunowners.com/threads/classifieds-new-online-payment-guidelines-rules-paypal-venmo-zelle-etc.511734/
Buy farmland and gold
- Thread starter Yeah
- Start date
-
- Tags
- precious metals
The #1 community for Gun Owners in Indiana
Member Benefits:
Fewer Ads! Discuss all aspects of firearm ownership Discuss anti-gun legislation Buy, sell, and trade in the classified section Chat with Local gun shops, ranges, trainers & other businesses Discover free outdoor shooting areas View up to date on firearm-related events Share photos & video with other members ...and so much more!
Member Benefits:
Complete article.
The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.
The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.
Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.
Speaking today, Dr Faber said that investors, who control billions of dollars of assets, should start considering the effects of more disruptive events than mere market volatility.
“The next war will be a dirty war,” he told fund managers: "What are you going to do when your mobile phone gets shut down or the internet stops working or the city water supplies get poisoned?”
His investment advice, which was the first keynote speech of CLSA’s annual investment forum in Tokyo, included a suggestion that fund managers buy houses in the countryside because it was more likely that violence, biological attack and other acts of a “dirty war” would happen in cities.
He also said that they should consider holding part of their wealth in the form of precious metals “because they can be carried”.
One London-based hedge fund manager described Mr Faber’s address as “excellent, chilling stuff: good at putting you off lunch, but not something I can tell clients asking me about quarterly returns at the end of March”.
Dr Faber did offer a few more traditional investment tips, although their theme fitted his general mode of pessimism.
In Asia, particularly, he said, stock pickers should play on future food and water shortages by buying into companies with exposure to agriculture and water treatment technologies.
One of Dr Faber’s darker scenarios involves growing military tension between China and the United States over access to limited oil resources.
Today the US has a considerable advantage over China because it has free access to oceans on both coasts, and has potential energy suppliers to the north and south in Canada and Mexico.
It also commands an 11-strong fleet of aircraft carriers that could, if necessary, secure supply routes in a conflict situation.
China and emerging Asia, meanwhile, face the uncertainty of supplies that must travel from the Middle East through winding sea lanes and the Malacca bottleneck.
American military presence in Central Asia, Dr Faber said, may add to the level of concern in Beijing.
“When I tell people to prepare themselves for a dirty war, they ask me: “America against whom?” I tell them that for sure they will find someone.”
At the heart of Dr Faber’s argument is a fundamentally gloomy view on the US economy and its capacity to service a growing mountain of debt.
His belief, fund managers were told, is that the US is going to go bankrupt.
Under President Obama, he said, the country’s annual fiscal deficit will not drop below $1 trillion and could rise beyond that figure.
Arch bears have predicted that US debt repayments could hit 35 per cent of tax revenues within ten years.
Dr Faber believes that the ratio could easily hit 50 per cent in the same time frame.
The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.
The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.
Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.
Speaking today, Dr Faber said that investors, who control billions of dollars of assets, should start considering the effects of more disruptive events than mere market volatility.
“The next war will be a dirty war,” he told fund managers: "What are you going to do when your mobile phone gets shut down or the internet stops working or the city water supplies get poisoned?”
His investment advice, which was the first keynote speech of CLSA’s annual investment forum in Tokyo, included a suggestion that fund managers buy houses in the countryside because it was more likely that violence, biological attack and other acts of a “dirty war” would happen in cities.
He also said that they should consider holding part of their wealth in the form of precious metals “because they can be carried”.
One London-based hedge fund manager described Mr Faber’s address as “excellent, chilling stuff: good at putting you off lunch, but not something I can tell clients asking me about quarterly returns at the end of March”.
Dr Faber did offer a few more traditional investment tips, although their theme fitted his general mode of pessimism.
In Asia, particularly, he said, stock pickers should play on future food and water shortages by buying into companies with exposure to agriculture and water treatment technologies.
One of Dr Faber’s darker scenarios involves growing military tension between China and the United States over access to limited oil resources.
Today the US has a considerable advantage over China because it has free access to oceans on both coasts, and has potential energy suppliers to the north and south in Canada and Mexico.
It also commands an 11-strong fleet of aircraft carriers that could, if necessary, secure supply routes in a conflict situation.
China and emerging Asia, meanwhile, face the uncertainty of supplies that must travel from the Middle East through winding sea lanes and the Malacca bottleneck.
American military presence in Central Asia, Dr Faber said, may add to the level of concern in Beijing.
“When I tell people to prepare themselves for a dirty war, they ask me: “America against whom?” I tell them that for sure they will find someone.”
At the heart of Dr Faber’s argument is a fundamentally gloomy view on the US economy and its capacity to service a growing mountain of debt.
His belief, fund managers were told, is that the US is going to go bankrupt.
Under President Obama, he said, the country’s annual fiscal deficit will not drop below $1 trillion and could rise beyond that figure.
Arch bears have predicted that US debt repayments could hit 35 per cent of tax revenues within ten years.
Dr Faber believes that the ratio could easily hit 50 per cent in the same time frame.
Hoosier Gun Coat
Expert
Or what if the sun super novas tomorrow...or what if.....or what if.....No one can possibly preapre for EVERY possible what if's.
E5RANGER375
Shooter
VERY TRUE!!! only guns will enforce anything. i wish i had rep left cause id give some to you, but it says i have given too much in 24 hours so i cant give anymore. that sucks
Greenmonsta79
Marksman
Yeah that gold won't buy much in a SHTF scenario, I have a feeling that ammo would be worth more than gold by a long shot and whoever has the most ammo gets your land/food supply, I would personally pack up and head way way up north into northern Canada where it is nasty and cold way out in the boonies and try to survive there. I hope and pray to God it never happens.
E5RANGER375
Shooter
im sure it WILL happen within the next 20 years, and thats being generous. the question is: who will be ready? im ready now, i just hope i can stay fit and ready over the years if it will even be years.
Cpt Caveman
Master
Just in case you missed it on the other thread"
12 Dr. Dooms shred 2010 investing optimism Paul B. Farrell - MarketWatch
12 Dr. Dooms shred 2010 investing optimism Paul B. Farrell - MarketWatch
land
The few very wealthy people i know started buying up land in a big way about ten years ago. I started buying farm ground in 94. Land has never been a bad investment. If managed properly the right land parcel can be very lucrative. Just my opinion. But my purchases helped me to retire early and live off the land so to speak.
The few very wealthy people i know started buying up land in a big way about ten years ago. I started buying farm ground in 94. Land has never been a bad investment. If managed properly the right land parcel can be very lucrative. Just my opinion. But my purchases helped me to retire early and live off the land so to speak.
Right now, farmland and gold aren't the greatest of investments. To me, you would be much better off investing in guns, ammo, tools, a woodstove, wood, etc..
Gold is a good store of wealth, but wealth is just a medium of one item that you can exchange for _needed_ items. As far as farmland, someone who writes about this stuff said that history shows that those in power _will_ take, by force, large amounts of land to feed their people. People who are poor and starving will more likely riot than people who are poor, but have food. As such, most dictators will send tanks, troops, etc. to there areas breadbaskets and just take the land.
A better idea would be to pick an area of the country that is rural, has a decent water source, and buy just enough land to plant whatever fruit trees will grow, raise some chickens/maybe cattle, a few horses to work tools, and grow crops. Canning would be very important, so would having access to firewood for cooking and heat in the winter. Picking a place in the snow belt is a smarter move than a place in the sun belt. Less people will be in the snow belt. As long as you can grow enough food, can the food property, and hunt for small game animals, you could likely make it on a few acres for a home and crop planting, plus an acre or so of woods where you always have a supply of firewood.
There are some really cool properties listed here:
SurvivalRealty.com
Gold is a good store of wealth, but wealth is just a medium of one item that you can exchange for _needed_ items. As far as farmland, someone who writes about this stuff said that history shows that those in power _will_ take, by force, large amounts of land to feed their people. People who are poor and starving will more likely riot than people who are poor, but have food. As such, most dictators will send tanks, troops, etc. to there areas breadbaskets and just take the land.
A better idea would be to pick an area of the country that is rural, has a decent water source, and buy just enough land to plant whatever fruit trees will grow, raise some chickens/maybe cattle, a few horses to work tools, and grow crops. Canning would be very important, so would having access to firewood for cooking and heat in the winter. Picking a place in the snow belt is a smarter move than a place in the sun belt. Less people will be in the snow belt. As long as you can grow enough food, can the food property, and hunt for small game animals, you could likely make it on a few acres for a home and crop planting, plus an acre or so of woods where you always have a supply of firewood.
There are some really cool properties listed here:
SurvivalRealty.com
grunt soldier
Master
thanks for that site indy317 they got some pretty awesome places their.
I love the property listed in KY with the Natural gas wells on site...
