Any one see or read this guy!

[SASKFARMER3]

http://pro.stansberryresearch.com/1302PSIEOA1Y/MPSIP305/?a=24&o=39&s=35&u=575923&l=3849&r=MC&g=0

Just spent a hour on this! Cotton any comment!

Reason some are leaving stocks US etc and buying land!

[cottonpicken]

Have never heard of him.He is partially right,imo.I
dont agree with many of his conclusion's.

Quite a blow hard,even i beat him to the party by 4
years regarding fannie freddie and gold and the
economic climate.LOTS of analysts seen this coming.

LOTS have done the math on 100% tax rate.

LOTS have been watching the usdx being replaced as
worlds reserve for many years.

The us has more than one ace up its sleeve.Its not
even close to the basket cases in europe and
asia.Guess what country still owns most of the worlds
gold,food,descent energy reserves and military
hardware.

There is a restructuring of debt,entitlements and
currencies coming but how it shakes out is hard to
call.I dont see armageddon.

If you don't want to spend $ for the book on buying
metals,i can help you,i doubt it contains anything i
dont know.

[SASKFARMER3]

Thanks, I just like to here and try to understand how the USA is going to get out of the mess its in.
Land has always been a value. That's why long term plan has for three generations going on four to own our property and make a living saving and planning for retirement and moving it to the next generation. Selling a asset that gives you income I don't get. Some will argue with me but property has always done well.
Now I feel housing in Regina and Saskatoon are out to lunch. 1.4 for a house on albert street that should be torn down. Location yes if you like cars driving by at all times.
Basic starter home at 550 thousand or hospital lottery home at 1.2 yea like its worth that.
Have a great day!
Heading to Jamaica in a week and a half time to enjoy the winter some more.

[cottonpicken]

I agree.

A solid income generating asset like land is better
than gold,gold is mainly a purchasing power
stabilizer.

Pretty sure his #1 pick he didnt reveal was land.

We could use our own history,ballpark numbers,if an
acre of land in the 60's was an ounce of gold an the
same land is still today an ounce of gold(or pretty
close)they are both static with inflation but the land
has created income for 40 years.

Lets say 7% return(for easier math)means doubling of
investment every 10 years which gives you 4 doubling
cycles plus initial....3.5%%=2 doubles.

Of course the real money is made catching the asset
classes before the upswing,selling before the down
and reinvesting in the next.

[ado089]

I said what the he'll and spent the $50. The secret investment is farmland, surprise. He's also big on LNG, precious metals and stock options. I would agree with his prognosis on the USD if every other major economy in the world wasn't in the same situation, but they are. I still think that results in wholesale write-downs of debt and a net shrinking of the money supply. Look at what corporate paydown of debt has done to the money supply or at the very least the velocity of money.

[SASKFARMER3]

Good on you! I was going to spend the 50 today. Still might, trying to get my head around the new world.

[cottonpicken]

Years and years ago i mistakingly thought the us was
by far the worst off,i simply didnt know the numbers
on the other economies.