Ooh, I love those, go great with oatmeal and a little brown sugar.
IOW: you can’t EAT metals.
Yes, the correct answer WAS “land.”
Knowing how to farm it is the second.
I argued with idiot brokers at Smith-Barney (who didn’t put in stop-loss orders when I requested them) over this, same with Edward Jones (whose net investment earnings over a ten year period averaged out to about 1% per annum) and my former Bernie Madoff childhood lifelong “friend” who misallocated (pricey family vacations, investment properties that lost money year after year while issuing quarterly statements that were pure fabrications) my 401K leaving me broke (well, me and 5 other people who took him to court and wound up losing our case and all our money and FINRA didn’t see fit to sanction him, his bank let him go, THEY said what he was doing was “on the side,” although he used bank time, equipment, secretarial staff to run the scam).
Every “investor” had the same tone of scorn and derision when I’d mention land.
“Uh, huh. You wanna buy DIRT!? Just DIRT?”
Um, yeah. Now that I own close to 200 acres of COUNTY farmland 99% of which is tagged green space, I pay less in taxes in TN than I do on 0.23 acre here in MD, and part of it is being farmed, a greenhouse being set up.
All those brokers will be looking at their gold, and silver, platinum and palladium asking themselves why THEY didn’t buy “just DIRT!” when it was still possible.
Oh, and you need a community. I’m close to Amish, very close with half a dozen neighbors.
THAT’s the kind of investment that pays dividends through hyperinflationary cycles.
...I’m close to Amish...
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I was thinking about that previously. I don’t think the Amish would much care if we had hyper-inflation, or fell into a depression. A lot of people will be suddenly trying to figure out how to do the things that they have been doing all along.