Reply #3: K&R [View All]

In 2004, my wife & I initially researched "cashing out" and buying GOLD (bullion or Coins/ not paper Gold) as a hedge against economic/property value collapse.

The more we researched it, the clearer it became that this WAS indeed an artificial market, and we decided not to take that risk. Several countries have the ability to "crash" the price of gold at will by dumping their inventory on the market.
(LOL, IIRC, the price THEN was around $330/oz + Fee). Had we bought THEN, we would have tripled our money.)

Instead, we bought bubble proof property in The Woods, surrounded by extensive National Forest, with an on property Spring for water, and a long growing season.

The Reason: Gold is hard to chew and doesn't taste very good.

However, if you read about the Economic Collapse in Argentina, GOLD was the very BEST medium of exchange during that crisis. (Chains, coins, jewelry)

My wife and I decided we would rather have a tomato.
We are happy with our choice.