In time of the financial apocalypse and inevitable
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Posted On: 02/25/2021 7:07:16 PM
In time of the financial apocalypse and inevitable runaway inflation:
Is real estate good inflation hedge?
House or condo price may skyrocket to multiple million dollars but most people are broke, only a few rich ones can afford them, the worth of your real estate is only in paper, if you cannot sell your real estate, you have no money to pay for your rising cost of living.
Are antiques good inflation hedge?
There are few cognoscenti around, again there may be a price but hardly any buyers, it is hard to sell them.
Are gold coin, gold jewelry good inflation hedge?
Certainly, gold is real money, gold is the last safe haven in time of financial apocalpyse. But valuation of jewelry can deviate widely and it is difficult to use jewelry in business transaction. In fact, gold coins will be preferred over fiat paper money, gold coin was first real money in human history.
Will gold bars and potential gold mining stocks be good inflation hedge?
Certainly, just like Bitcoin, gold bars and gold mining stocks have values and like Bitcoin they do not need to be physically transferred in business transaction, just sell a few shares of gold stock and pay for what you need, there will be no liquidity problem as in other forms of inflation hedge.
Smart investors have clairvoyance and anticipate events before they happen, make preparation and dig wells before the rain while the skeptics maintain a "wait and see" attitude, they run around like a chicken without a head chasing after the rocket and end up as bag holders. Human intelligence is not created equally. CEO James Pettit's strategy is to discover bonanza gold deposits and sell the company to gold producers desperately seeking proven gold reserves to replenish their dwindling reserves, not to find a gold mine in the pockets of investors. Investing in Aben or not has no impact on the company's future success.
Is real estate good inflation hedge?
House or condo price may skyrocket to multiple million dollars but most people are broke, only a few rich ones can afford them, the worth of your real estate is only in paper, if you cannot sell your real estate, you have no money to pay for your rising cost of living.
Are antiques good inflation hedge?
There are few cognoscenti around, again there may be a price but hardly any buyers, it is hard to sell them.
Are gold coin, gold jewelry good inflation hedge?
Certainly, gold is real money, gold is the last safe haven in time of financial apocalpyse. But valuation of jewelry can deviate widely and it is difficult to use jewelry in business transaction. In fact, gold coins will be preferred over fiat paper money, gold coin was first real money in human history.
Will gold bars and potential gold mining stocks be good inflation hedge?
Certainly, just like Bitcoin, gold bars and gold mining stocks have values and like Bitcoin they do not need to be physically transferred in business transaction, just sell a few shares of gold stock and pay for what you need, there will be no liquidity problem as in other forms of inflation hedge.
Smart investors have clairvoyance and anticipate events before they happen, make preparation and dig wells before the rain while the skeptics maintain a "wait and see" attitude, they run around like a chicken without a head chasing after the rocket and end up as bag holders. Human intelligence is not created equally. CEO James Pettit's strategy is to discover bonanza gold deposits and sell the company to gold producers desperately seeking proven gold reserves to replenish their dwindling reserves, not to find a gold mine in the pockets of investors. Investing in Aben or not has no impact on the company's future success.
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