PDA

View Full Version : What would you invest in?



Raskolnikov
29th December 2023, 03:20
If you had a few hundred thousand extra dollars that you didn't need for anything else, in today's day and age when the central banks are clearly in the process of breaking all banks so that cash will soon be toilet paper, ala Nazi Germany, where would you set your sights, what would be your highest priority? In other words, what would you invest in to 1) Get your money out of the banks, 2) Turn it into something both tangible and worthy in a barter society, and 3) prevent the loss of those dollars?

thepainterdoug
29th December 2023, 03:31
land or property, as long as you could maintain it and pay the taxes

Raskolnikov
29th December 2023, 03:55
Taxes??! Give me liberty or give me death!!!

Mike Gorman
29th December 2023, 04:38
If you had a few hundred thousand extra dollars that you didn't need for anything else, in today's day and age when the central banks are clearly in the process of breaking all banks so that cash will soon be toilet paper, ala Nazi Germany, where would you set your sights, what would be your highest priority? In other words, what would you invest in to 1) Get your money out of the banks, 2) Turn it into something both tangible and worthy in a barter society, and 3) prevent the loss of those dollars?

For me the logical choice is Silver & Gold with some diversification on Bitcoin, while the networks are viable Bitcoin is a strong store of value but I would have two thirds in precious metals - real estate is too volatile and subject to state control.

Raskolnikov
29th December 2023, 04:51
If you had a few hundred thousand extra dollars that you didn't need for anything else, in today's day and age when the central banks are clearly in the process of breaking all banks so that cash will soon be toilet paper, ala Nazi Germany, where would you set your sights, what would be your highest priority? In other words, what would you invest in to 1) Get your money out of the banks, 2) Turn it into something both tangible and worthy in a barter society, and 3) prevent the loss of those dollars?

For me the logical choice is Silver & Gold with some diversification on Bitcoin, while the networks are viable Bitcoin is a strong store of value but I would have two thirds in precious metals - real estate is too volatile and subject to state control.

Looking at the 100 year graphs for both gold and silver, silver looks like the better investment as prices are close to what they were 100 years ago while gold is riding near all-time highs (sorry, can't embed charts):

https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

I am B
29th December 2023, 12:19
If the markets game is crooked, why would you play?

Get a house with land in some beautiful and cheap countryside region, make it self sufficient (well, solar, etc). Build a second smaller living/storage space on the same land but hidden/far from it. Fill the small one with your stuff and some preps. Rent the bigger one as a holiday home to pay for its expenses. Some of my family is doing this and its incredibly reliable.

With the rampant corruption and current state of affairs, I believe that unless you can work with insider information, or can delve into the corruption game, it is preety much impossible to invest, even into the companies that bring real value to the world.

Gold is safe no matter the price, but it may not work now if you want to get benefits from your investment. I personally don't believe in crypto.

grapevine
29th December 2023, 13:40
What a great question/thread Raskolnikov, and one that I've thought about many times when the Eurolottery jackpot's high.

Depending on how much, I'd like to start a huge project about soil nutrition, everyone having the ability and responsibility to compost their own patch, bring back and expand on allotments in cities, every available space in living accommodation/roofs, and team up with big influencers like the Eden Project, Paul Stamets, David Attenborough, TV horticulturists/gardeners, Sadghuru, etc. to push the agenda mega hard and take the ptb by surprise. I'd give grants and incentives and lobby govt (including investment/pay-offs) to put Food Growth (gardening) on the school curriculum and to make the subject interesting. It wouldn't please everyone, like Bill Gates et al, sure, but wth?

Raskolnikov
29th December 2023, 15:18
If the markets game is crooked, why would you play?

Get a house with land in some beautiful and cheap countryside region, make it self sufficient (well, solar, etc). Build a second smaller living/storage space on the same land but hidden/far from it. Fill the small one with your stuff and some preps. Rent the bigger one as a holiday home to pay for its expenses. Some of my family is doing this and its incredibly reliable.

With the rampant corruption and current state of affairs, I believe that unless you can work with insider information, or can delve into the corruption game, it is preety much impossible to invest, even into the companies that bring real value to the world.

Gold is safe no matter the price, but it may not work now if you want to get benefits from your investment. I personally don't believe in crypto.

Was thinking more physical gold/silver in hand, not on a digital screen, never trusted the markets, ever.

We're on a nice property with a bit of land and more prep stuff is definitely a plan. Just wondering what the best way to get money out of the bank in today's volatile age might be...

Raskolnikov
29th December 2023, 15:25
What a great question/thread Raskolnikov, and one that I've thought about many times when the Eurolottery jackpot's high.

Depending on how much, I'd like to start a huge project about soil nutrition, everyone having the ability and responsibility to compost their own patch, bring back and expand on allotments in cities, every available space in living accommodation/roofs, and team up with big influencers like the Eden Project, Paul Stamets, David Attenborough, TV horticulturists/gardeners, Sadghuru, etc. to push the agenda mega hard and take the ptb by surprise. I'd give grants and incentives and lobby govt (including investment/pay-offs) to put Food Growth (gardening) on the school curriculum and to make the subject interesting. It wouldn't please everyone, like Bill Gates et al, sure, but wth?

Soil is important. We have goats and cows so have excellent soil/fertilizer for our multiple gardens each year. Need to do more research on composting, it's always a good idea too. Anyway, nice project idea and thanks for the imput.

Vangelo
29th December 2023, 15:28
i would buy junk silver coins (Dimes and Quarters) as I believe they will be the easiest thing to use as money when the SHTF. I'd also buy BitCoin because I think it will survive in the end. If I could, I'd also buy a plot of land to live off the grid with farmable land and at least chickens.

grapevine
29th December 2023, 16:00
If the markets game is crooked, why would you play?

Get a house with land in some beautiful and cheap countryside region, make it self sufficient (well, solar, etc). Build a second smaller living/storage space on the same land but hidden/far from it. Fill the small one with your stuff and some preps. Rent the bigger one as a holiday home to pay for its expenses. Some of my family is doing this and its incredibly reliable.

With the rampant corruption and current state of affairs, I believe that unless you can work with insider information, or can delve into the corruption game, it is preety much impossible to invest, even into the companies that bring real value to the world.

Gold is safe no matter the price, but it may not work now if you want to get benefits from your investment. I personally don't believe in crypto.

Was thinking more physical gold/silver in hand, not on a digital screen, never trusted the markets, ever.

We're on a nice property with a bit of land and more prep stuff is definitely a plan. Just wondering what the best way to get money out of the bank in today's volatile age might be...

Sorry - I was thinking of a different type of investment :worried::ROFL: lol

palehorse
29th December 2023, 18:52
Great question Raskolnikov!

Definitely get some woodland country side close to a large national park preferable with a clean water source from a stream/creek, depreciated area where taxes won't be a burden and nobody want to live, then start from scratch building up to your own goals, chicken, fish, ducks, boars/pigs, rabbits whatever floats your boat.

Gold or silver? whichever is easily barterable, I have no gold and I would not buy it at this point.. but I do have 99.999% silver pellets, almost 1kg, these are very small pellets it is used in the jewellery industry, It made sense for me when I bought it.

does the land office accept gold or silver for taxes payment? or there will be a digital ID integrated with a bank account? We don't know these answers yet. Maybe use a proxy person to pay for the property taxes?

I would buy 5% in crypto Monero not Bitcoin, just in case when you need to pay for digital stuffs online. I would never invest in crypto, I had done that, got my rewards and that is it, I am out of it.

Nasu
29th December 2023, 23:12
Art….

Or more practically, munitions, bandages, medicine and the logistics of war……..x……. N

palehorse
30th December 2023, 05:42
The Great Taking - Documentary (01:11:58)
dk3AVceraTI
"David Webb exposes the system Central Bankers have in place to take everything from everyone."

If anyone still thinking in investments, watch this first.

Raskolnikov
30th December 2023, 19:01
Somebody mentioned rare earth minerals in another thread (can't find it now) as being a better option than precious metals as they would be more in demand. If you happen to read this would you mind giving a short overview on some of those minerals?

palehorse
31st December 2023, 07:21
Somebody mentioned rare earth minerals in another thread (can't find it now) as being a better option than precious metals as they would be more in demand. If you happen to read this would you mind giving a short overview on some of those minerals?

I don't remember if I wrote about it here on PA.. but anyway here is a short list I collected a while ago.

RARE EARTH ELEMENTS
---

Neodymium Nd
Lanthanum La
Praseodymium Pr
Dysprosium Dy
Hafnium Hf
Terbium Tb
Yttrium Y

Should not be difficult to find more info about it. Bill made a post somewhere with a video from Chris Martenson, he was speaking about some of these elements.

Bo Atkinson
31st December 2023, 18:46
For those living on rural land but within short drives from a town or two, and assuming this region still has private contractors doing construction services, or if home owners work on their land... I'd buy a few of these: "New cheap chinese Mini Excavator, small digger, crawler hydraulic, etc", which have been on sale for years and I've seen testimonial vids like this:

U_3Qmt526D8

Become a low end dealer if that is possible?(Become a backyard welder and mechanic first).

EDIT: Nowadays there are more videos on these things, this one compares digging:

aHSiWWRl3dU

But I've seen cheaper self imported units...

thepainterdoug
31st December 2023, 20:20
i have to say, should the world we live actually get to the point that silver pellets, or metals , coins or whatever are actually being passed out and being bartered for taxes, bills ,food, gas whatever, we are COMPLETELY F--KED

the reverberation and ramifications of this stage are so far reaching, I doubt we can even imagine.

even property, your plot of land will not be respected or honored.

gun and ammo time

Pris
31st December 2023, 20:41
.
.
A good investment? How about collectables! :thumb:



https://blogdebrinquedo.com.br/wp-content/uploads/2013/08/Action-Figures-Blade-Runner-01a.jpg


https://www.kollectablekaos.com.au/wp-content/uploads/2021/01/FUN52039-Blade-Runner-Pris-Pop-1.jpg


You are now - "Kollectable Kaos!," one K away from being the world's first racist superhero. Congratulations. Be sure to collect all 6:


https://i.pinimg.com/originals/f5/37/d2/f537d205e715020854e55f5df0d8b443.jpg

palehorse
1st January 2024, 08:14
@Bo Atkinson

thanks for the links, $8.500 for a new cheap mini excavator, is good, I wonder if any mechanic can deal with that when it decide to stop working.

for small excavator I know from my in-laws and friends, Yanmar and kubota are reliable well tested for decades, any mechanic can deal with and resale price is just fine in case one got bored of the machine or don't need it anymore, they are not cheap Chinese, and probably would cost a bit more than the Chinese ones, but still a way cheaper than larger manufacturers like Ford, John Deere, New Holland, etc.., I know a guy who needed 2 ponds in his property, he asked a company to do the service and the price was almost 4.000 USD (one can actually get a much much lower price if hire a person who has a tractor and do this sort of services, it is another option and cheaper.), so he checked the second hand market and found something like in the picture

https://images2.imgbox.com/fb/d9/oN9XaRMh_o.jpg

but older model and he paid 3.500 USD after bargaining a lot (not included shipping from another province), the seller told him the machine was ready to use for another 100 hours which was true. He finished his ponds and the machine still good for use, so on this situation he killed 2 birds with 1 stone, if he sells the machine today the ponds were free as in beer! Oh he dug the ponds himself, and he never had done anything like that before.

happyuk
1st January 2024, 14:14
If you had a few hundred thousand extra dollars that you didn't need for anything else, in today's day and age when the central banks are clearly in the process of breaking all banks so that cash will soon be toilet paper, ala Nazi Germany, where would you set your sights, what would be your highest priority? In other words, what would you invest in to 1) Get your money out of the banks, 2) Turn it into something both tangible and worthy in a barter society, and 3) prevent the loss of those dollars?

Low-cost, passive index funds, funds that charge a minimum of fees (as in less than 0.1% p.a.) and track a broad range of the market such as the S&P 500, or the FTSE All-Share.
Vanguard and Fidelity are good providers, and provide easy online servicing. Plus I know that the money is being put to work in productive businesses that actually do things for society, such as in feed, clothe, house, transport, medically treat etc people.

In fact, I consider John "Jack" Bogle (https://www.youtube.com/watch?v=MLgn_kVKjCE), the inventor of the low-cost index fund, to be a modern day saint in making this kind of product available to the general population, allowing them to bypass stockbrokers and financial consultants (read: salesmen) and their hefty fees.

Gold, silver and physical cash? Maybe a bit put away for emergencies not as an investment. Gold has nice properties that are useful in electronics and other applications. On getting this stuff dug out of the ground, it has to be stored in a secure bank vault (unless you want to risk getting robbed for it) all the while doing precisely nothing.

In fact cash and cash equivalents are terrible long term investments, ones that pay virtually nothing and are subject to the obliterating effects of inflation and bad governance.
Gold holds its value - an ounce of gold in the middle ages would have bought you a fine outfit, and it will still do the same today - but that's all it does.