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  #21  
Old 24.08.2011, 18:58
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Re: Should I buy gold or should I buy land?

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These are the thoughts of, and reasons for, a bear market/recession. Always do the opposite of this and you'll be fine. The world is not, in fact, coming to an end; although there are serious profits to be made from those who think it is.
So, how DO I profit from those who think it's ending?
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  #22  
Old 24.08.2011, 19:00
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Re: Should I buy gold or should I buy land?

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Every currency on the planet has failed and people have always gone back to gold - but at almost $2,000 per ounce, not sure if the value will hold up & for how long.

Investing in food might be wiser - wheat, corn, etc is skyrocketing and we'll be facing worldwide food shortages possibly in our lifetime.
that's the same as land then. You can't grow food without land and he who controls the land controls the food.
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  #23  
Old 24.08.2011, 19:00
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Re: Should I buy gold or should I buy land?

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So, how DO I profit from those who think it's ending?
Buy US stocks....there is great value if you want long term returns in USD
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  #24  
Old 24.08.2011, 19:03
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Re: Should I buy gold or should I buy land?

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So, how DO I profit from those who think it's ending?
Figure out what they wouldn't bet on and bet on it. Like the future of Oil economies for example. Or the European property market. Bear in mind:

1. These things may have considerable way to fall still (there's no way to guess the very bottom of the market, so don't try)
2. You'll need to be able to hold for quite a few years.

Thing is, if you buy into a high quality fund that's quite broad, you know that eventually it's going up. Eventually. So if it's gone down recently by 15% then you're getting a 15% discount. Even if it takes 5 years to recover you're still again on others by 3% per year at that rate.
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Old 24.08.2011, 19:03
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Re: Should I buy gold or should I buy land?

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that's the same as land then. You can't grow food without land and he who controls the land controls the food.
Most countries restrict sale of agricultural land for exactly that reason. Very difficult to invest in as a foreigner, but you can invest in food.

I wouldn't though, as its already at very high levels - again, too late. And nothing cures high prices of food like high prices. If you can buy food (grains, sugar, oil etc) short, that looks like a good medium term (2 year) bet to me
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  #26  
Old 24.08.2011, 19:03
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Re: Should I buy gold or should I buy land?

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Buy US stocks....there is great value if you want long term returns in USD
This is also true. I would buy US Smaller Companies funds.
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  #27  
Old 24.08.2011, 19:04
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Re: Should I buy gold or should I buy land?

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So, how DO I profit from those who think it's ending?
Just buy anything and everything that's undervalued, and then forget about it and come back when the recession is over.
Gold and land are both overvalued right now.
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Old 24.08.2011, 19:08
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Re: Should I buy gold or should I buy land?

Gold price is never going to come down. In the last 10 years I have never seen Gold suffering much due to market crash. It is definitely recommended.

Land or property would only make sense if there is a demand. Best bet would be to invest in developing countries like Brazil, China, India...or big cities like London, New York.

If you are thinking of long term then the stock market will be your best return. It is never going to stay where it is now. Like every now and then the market falls and it recovers in some time.
My policy is to buy when market falls...coz you get some stocks of reputed companies for throw away prices. Patience is the key though.

To give an example...I bought 100 shares of Infineon when it crashed from 10 € to 3 €. After another 2 weeks it fell down to 0.36 euro cents .
I bought another 300 shares. It took almost a year and a half but it reached 7 € .

The thing is that big companies like Siemens, SAP, Google..etc are never going to go bankrupt..they might make losses but will never disappear.
Also with shares you should remember that once you get a return of 20-30%...sell it off. Buy another one. Patience is the key though.
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  #29  
Old 24.08.2011, 19:14
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Re: Should I buy gold or should I buy land?

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So, how DO I profit from those who think it's ending?
End of the world pet care services:
http://newsfeed.time.com/2011/05/19/...-post-rapture/
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  #30  
Old 24.08.2011, 19:16
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Re: Should I buy gold or should I buy land?

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Gold price is never going to come down..


Much like a bullet fired into the air....right?
There is no "never" in the markets or in the world. There is nothing new under the sun.
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  #31  
Old 24.08.2011, 19:22
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Re: Should I buy gold or should I buy land?

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buy beer

If you had purchased £1,000 of shares in Delta Airlines one year ago, you would have £49.00 today.

If you had purchased £1,000 of shares in AIG one year ago, you would have £33.00 today.

If you had purchased £1,000 of shares in Lehman Brothers one year ago, you would have £0.00 today.

But, if you had purchased£1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you would have received £214.00.
I don't know if this is correct, but I like the theory
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  #32  
Old 24.08.2011, 19:39
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Re: Should I buy gold or should I buy land?

Thanks for all the good info in this thread, especially economisto and amogles. If I get rich, beer is on me.
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  #33  
Old 24.08.2011, 20:03
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Re: Should I buy gold or should I buy land?

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But, if you had purchased£1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you would have received £214.00.
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Thanks for all the good info in this thread, especially economisto and amogles. If I get rich, beer is on me.
...and if you get the beer, can I have the cans?

Last edited by quark; 24.08.2011 at 21:44. Reason: add quote
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  #34  
Old 24.08.2011, 21:34
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Gold price is never going to come down. In the last 10 years I have never seen Gold suffering much due to market crash. It is definitely recommended.
Well it's off 5.25% today and is hugely overpriced. The share price of gold mining stocks has not been rising indicating to me that gold will not be above $850 for long.
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  #35  
Old 25.08.2011, 00:11
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Re: Should I buy gold or should I buy land?

Gold!

For your wife!


PS: She didn't tell me to tell you that, I swear!
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  #36  
Old 25.08.2011, 00:18
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Re: Should I buy gold or should I buy land?

Not gold anyway. It's an awful bandwagon to buy high.
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  #37  
Old 25.08.2011, 00:24
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Re: Should I buy gold or should I buy land?

Buy me a beer.
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  #38  
Old 25.08.2011, 00:47
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Re: Should I buy gold or should I buy land?

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Buy me a beer.

Don't mention it
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  #39  
Old 25.08.2011, 01:45
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Re: Should I buy gold or should I buy land?

I was just listening to a program on NPR. they were talking about corn; that it is becoming the new Gold standard of farming.

Rumplestiltskin got it wrong

NPR- http://www.npr.org/2011/08/24/139910...re-commodities

The price of gold dropped.

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Gold suffered its largest two-day absolute fall in more than three decades, dropping $160 per ounce between Tuesday and Wednesday in a move that spotlighted the dangers of an asset viewed as a haven.
http://www.ft.com/intl/cms/s/0/92f5f...#axzz1VzxuS4VO

Last edited by hoppy; 25.08.2011 at 03:07.
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  #40  
Old 25.08.2011, 07:38
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Re: Should I buy gold or should I buy land?

I don't know if this was supposed to be a serious discussion.

GOLD
Gold fell a bit yesterday but it will go up and some of my justification would be as follows:
1) There will be further financial turmoil. Greece will not be bailed out and will go bust and other countries in the EC will follow such as Italy and Spain etc.
2) There will be more demand for Gold from Chinese citizens as they have only been able to buy Gold for the last year and will revert to Gold instead of property when thy realise that Chinese property is a bubble to burst.
3) With Switzerland making arrangements with Germany and the UK Inland Revenue to deduct 19% to 34% of the balance on the accounts of UK residents, it makes more sense to keep your monies in Gold in a safe deposit box.

LAND
Land needs maintaining unless you use it or rent it to a farmer (get little return though).
Governments will need to get tax from somewhere and as fewer people work and those that do work earn less means tax on income will fall. Governments will therefore be looking for tax on capital and therefore taxing land owners will be easy. Undisclosed Gold is therefore safer against tax.
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