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Saskatchewan | I agree with you on being adverse to dollars. But remember, dollars are a commodity just like everything else. It would be wise to invest dollars you have over and above your operating capital. Our inflationary currencies are not new. I am not sure why people are surprised about this. It's a fact of life now, and your duty is to maximize your wealth in the current environment.
Realistically, how much of your net worth is in dollars or gov't bonds? I would presume that most people hover around the 5 to 10% (remember, this includes cash, banks accts, and govt bonds).
As for holding only corn and wheat as an inflation protected investment; this might not be wise to tie up too much of your net worth in what I would call inventory. | |
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