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Gold is on a tear
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Boone & Crockett
Posted 4/16/2025 08:20 (#11191043 - in reply to #11191010)
Subject: RE: About the land market….


Pofarmer - 4/16/2025 08:01

What conditions would cause a 50% pullback, though?

The conditions are already here, today, right this moment. Low prices, high interest. Not high interest in historical context, but in the amount owed per acre. Or in lost opportunity cost if paying cash. Folks paying cash are settling for returns half what they could get in other safe secure investments. How long they willing to settle for that. For the naysayers, I have a game I’d like to play with you. It goes like this, I hand you a five dollar bill, and you hand me a ten spot. How long do you want to play?
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