Gold All Time Highs

[helmsdale]

Other sources may differ, annual averages? Gold hit 1923.70 USD September 2011(COMEX)
[ATTACH]6333[/ATTACH]

Well that's certainly interesting to look at...

I suppose so long as this insanity continues I'll just have to make long term peace with the idea that land belongs in the hands of the wealthy, and the grunt work is left for us peasant tennants. Only took 4 generations and we're right back to what our forefathers ran away from in the old country.

What is land going for on Mars these days?

[biglentil]

In many ways you could say farmland has outperformed gold as land offers a return or it's supposed to.

[farming101]

In many ways you could say farmland has outperformed gold as land offers a return or it's supposed to.

Sell calls on your gold. Way less work

[sumdumguy]

Farming - how about teaching a class on futures trading this winter?

[Flatlander]

In many ways you could say farmland has outperformed gold as land offers a return or it's supposed to.

This is true however your farmland is in ever depreciating CAD, and land locked in this country both seem like strikes against. Gold(and silver) is the only money but easily converts to and is priced USD currency. Gold never was to have a return, it’s just gold. Your land is not exchanged readily as it rarely comes back for sale, and it is not exchangeable in practical terms by the acre or in small amounts where a person can salt away gold in small increments. Gold can be stored away from the prying eyes and scrutiny of any one particular government. Many companies have private secure affordable storage on every continent to spread the political risk, or pick the one place of your choice. Canadian or other government would have little means of forcing folks to repatriate their gold. Some smaller countries have a long history of secure independent non bank third party storage that they would be remiss to mess with as they know the trust earned over decades is a big part of their countries economy. Also in at least one of these small well known storage countries, the citizenry and their government are neighbours and if you need to talk to the leadership they are down the street and you likely grew up knowing each other through sport, school, etc.

[sumdumguy]

We might have to move around the world so precious metals can’t be tracked.