Is Gold Real?

The financial world is being flooded with money by all of the central banks.  But distortions in the market take a long time to resolve so while the world is highly liquid, the marketplace is still dysfunctional.  During highly liquid and dysfunctional markets such as this, investors and speculators herd together and all chase the same assets looking for “yield”.

But wise investing requires not following the herd.  A comment one of my favorite economists shared with me several years ago was “In uncertain times gold is actually a bad investment because if the worst thing happens you cannot eat a bar of gold”.

His recommendation was agricultural or forest land.  Both are hard assets that retain value in inflationary times.  Even better, on agricultural land one can grow food.  While you cannot live very long eating a tree, the value of your timber long-term exceeds the rate of inflation.

The best news, with about half of Virginia’s land being in forest, the balance is either crop or pasture land.  Therefore, it is possible to invest in a good piece of rural land that has both timber and cropland.

To take advantage of the inflation that is coming as a result of the dysfunctional market, you should buy one really high quality tract of land at today’s very attractive price.  Select well and that tract will provide many benefits to you over the next several years.

Our goal is to help you thrive, not just survive your way through this historic time period.  Call us, we enjoy making folks look brilliant.