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Silver again !
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John Burns
Posted 12/19/2025 08:44 (#11476201 - in reply to #11476183)
Subject: Land vs gold and silver



Pittsburg, Kansas
Gold is the safer less volatile position. We have a bunch of that also in CEF and a little in PHYS.

I said if gold got high enough or land got cheap enough I would own less gold and more land. Well the price of gold went up. But the price of land sucks. Right next door adjoining property been for sale for a few years now. Checked into it. Could pay cash (plus another pot load of income tax selling the gold and silver to pay for it). Once in probably a lifetime chance.

Meh. Would be lucky to make 1-2% return on my investment. At my age I put no value on imagined "greater fool" appreciation of price since I would never sell it and having lived through the 80's I know land can also go down in price. So right now I'm happy with gold, silver and CD's. Really have no need for more land other than it being an income source.

Edited by John Burns 12/19/2025 08:46
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