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To: fightin kentuckian

We live in an era of extreme trust in financial and paper assets. As you say, this trend or cycle will turn at some point.

My great-uncle, who was born in 1880 in a country cabin and lived to be nearly a hundred (I was an adolescent when he passed) used to talk about his life, and even wrote his biography and the history of his town for the local historical society.

He trusted his own labor, and his family. He believe in productive farm land and his cows. He owned a saw mill. He collected silver. I am certain he used banks, but have no idea if he owned stocks or bonds.

Anyway, his was a different era, where mass financialization and massive printed-money debt didn’t even exist. So investments were in things he controlled and could (mostly) touch and feel. These tangible and solid assets of our age will be different, but many will be the same, and I think we will tend to go back to those general concepts.


25 posted on 04/12/2020 11:30:41 AM PDT by PGR88
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To: PGR88

Good story. Completely agree that’s the strategy.


111 posted on 04/12/2020 12:47:25 PM PDT by Obadiah (Kill the deep state or lose the Republic.)
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