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What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 12:43 am
by Frank t
i would like your opinion on what would be the best hedge against inflation / long term investment??? PM's vs. stocks Vs. goods. 90% for its numismatic, .999 for its pm/ melt/ practical applications, copper for the difference (when i can use it fully), gold, stocks of interest ( not leaning towards), quality merchandise of any sort, ammo of high demand, anything else you can think of ??? coin rarity and quality vs. melt? if a world currency was issued would that crush numismatic value? are we leading to that?


links and discussion encouraged


opinions and experiences preferred

Re: so...

PostPosted: Sun Feb 24, 2013 8:37 pm
by OtusLotus
my buddy bought puts on SLW to hedge against his silver purchases.

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 9:40 pm
by Engineer
Tools and useful items of enduring quality.

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 10:37 pm
by OneBiteAtATime
Engineer wrote:Tools and useful items of enduring quality.


Brewing equipment.

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 10:40 pm
by thedrifter
A copper still? :clap:

OneBiteAtATime wrote:
Engineer wrote:Tools and useful items of enduring quality.


Brewing equipment.

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 10:43 pm
by barrytrot
Actually I will second the "brewing equipment", but with a bit more elaboration:

ANYTHING that allows you to PRODUCE SOMETHING that is valuable in all economies.

Neilgen must be asleep already or he would be giving a flowery dissertation on the merits of "wood" and "protein" and he's absolutely right (ON THAT, not on everything :)

If you put your money in something that will produce income for you that's the absolute best hedge. And "income" also means stuff you yourself consume as that normally costs you money, so you are your own customer.

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 10:45 pm
by OneBiteAtATime
barrytrot wrote:Actually I will second the "brewing equipment", but with a bit more elaboration:

ANYTHING that allows you to PRODUCE SOMETHING that is valuable in all economies.

Neilgen must be asleep already or he would be giving a flowery dissertation on the merits of "wood" and "protein" and he's absolutely right (ON THAT, not on everything :)

If you put your money in something that will produce income for you that's the absolute best hedge. And "income" also means stuff you yourself consume as that normally costs you money, so you are your own customer.

Yeah, that's what I said. Gees, Barry. :roll:

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 10:50 pm
by barrytrot
I assume you are joking about not upset, right?

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 10:51 pm
by OneBiteAtATime
Right, Barry, joking. Hate that my sarcasm is lost online.... Oh well.

Totally just joking around. :thumbup: :D

Re: What would be the best hedge against inflation

PostPosted: Sun Feb 24, 2013 11:12 pm
by shinnosuke
The Faraday bags on this page for some of your electronic preps.

http://www.disasterstuff.com/store/pc/E ... s-c128.htm

I am a customer of this website, but do not receive anything for the foregoing endorsement. Bob, the owner doesn't even know I just posted this. He is on another prepping site I visit.

Re: What would be the best hedge against inflation

PostPosted: Mon Feb 25, 2013 3:15 am
by SteelCityCopper
shinnosuke wrote:The Faraday bags on this page for some of your electronic preps.

http://www.disasterstuff.com/store/pc/E ... s-c128.htm

I am a customer of this website, but do not receive anything for the foregoing endorsement. Bob, the owner doesn't even know I just posted this. He is on another prepping site I visit.


These have received mixed reviews. Go with a metal trash can and be done with it. Larger, cheaper, easier, effective, etc.

Re: What would be the best hedge against inflation

PostPosted: Mon Feb 25, 2013 10:43 am
by shinnosuke
SteelCityCopper wrote:
shinnosuke wrote:The Faraday bags on this page for some of your electronic preps.

http://www.disasterstuff.com/store/pc/E ... s-c128.htm

I am a customer of this website, but do not receive anything for the foregoing endorsement. Bob, the owner doesn't even know I just posted this. He is on another prepping site I visit.


These have received mixed reviews. Go with a metal trash can and be done with it. Larger, cheaper, easier, effective, etc.


Thanks!

Re: What would be the best hedge against inflation

PostPosted: Mon Feb 25, 2013 10:53 am
by neilgin1
barrytrot wrote:Neilgen must be asleep already or he would be giving a flowery dissertation on the merits of "wood" and "protein" and he's absolutely right (ON THAT, not on everything :)



no no no.....right on everything, but since i'm on Mustique right now, the only thing i know is the when silver futures close, so i can then engage in altering my state....once must be sober during the trading day. There is no other way.

Re: What would be the best hedge against inflation

PostPosted: Mon Feb 25, 2013 11:48 am
by pennypicker
OIL!!!!! :thumbup:

Re: What would be the best hedge against inflation

PostPosted: Mon Feb 25, 2013 9:57 pm
by Frank t
a still huh now were talking. copper and whiskey!!! win win!! going to look some up now thanks.

and maybe ill try to hold off on drunk posting. no promises though. :)

Re: What would be the best hedge against inflation

PostPosted: Tue Feb 26, 2013 1:10 am
by InfleXion
I am going to be a pain and give an unconventional answer. The best hedge against inflation is a combination of knowledge, experience, and ambitiousness. If you can continue to demand higher pay then you may beat out inflation :lol:

Re: What would be the best hedge against inflation

PostPosted: Tue Feb 26, 2013 1:33 pm
by Treetop
In line with the suggestion for production I think trees are an often overlooked and prudent investment. A few good fruit/nut trees and some berry bushes. Some types can be put in for the price of the seed, or saving seed from something you know grew locally. Stone fruits are good for that (plums apricots and peaches) they will be desirable from seed. Apples and pears that wouldnt work as well, youd get better results from buying named nursery stock but it can be done. Even buying nursery stock it isnt very expensive and its dividends will last as long as you do.

I met an older guy on a forum a few months back who owned a few dozen acres. He logged out a good portion of the standing hardwoods and made some cash like that. He still has hardwoods growing for future sales, but he cleared enough room he mixed in lots of nuts and a bit of fruits. It is a few decades later now I presume because hes at the point he can sell the nuts specifically, (he put in lots more of those) and feeds hogs on the excess. He makes several thousand a year, Im not sure exact numbers but he doesnt do any of the work. Im not sure if he hires it out or just lets people collect the nuts and pay him but it doesnt HAVE to be a lot of work to have results. Then of course you get to eat them yourself, and if they HAD to be for some reason nuts can make up a large portion of a diet atleast in the short term, especially if youve got some dried fruits and berries and pine needle tea (vit c) to go with it.

Im huge tree fan. LOL Lots more you can do as well if you realy want to get into it.

Re: What would be the best hedge against inflation

PostPosted: Tue Feb 26, 2013 5:45 pm
by rexmerdinus
OneBiteAtATime wrote:
Engineer wrote:Tools and useful items of enduring quality.


Brewing equipment.


+1

And ammo!

Re: What would be the best hedge against inflation

PostPosted: Tue Feb 26, 2013 6:30 pm
by SilverEye
I own a little bit of everything listed already. Plus spending cash in two different banks and retirement accounts in another three different financial institutions. I don't have any funds oversees because I'm so ignorant of international finance that I consider the risk of me picking a bad non-us bank, plus transfer, exchange and acct. maintenance fees to exceed the chance that I would need to flee the US.

Re: What would be the best hedge against inflation

PostPosted: Tue Feb 26, 2013 6:31 pm
by SilverDragon72
Treetop wrote:In line with the suggestion for production I think trees are an often overlooked and prudent investment. A few good fruit/nut trees and some berry bushes. Some types can be put in for the price of the seed, or saving seed from something you know grew locally. Stone fruits are good for that (plums apricots and peaches) they will be desirable from seed. Apples and pears that wouldnt work as well, youd get better results from buying named nursery stock but it can be done. Even buying nursery stock it isnt very expensive and its dividends will last as long as you do.

I met an older guy on a forum a few months back who owned a few dozen acres. He logged out a good portion of the standing hardwoods and made some cash like that. He still has hardwoods growing for future sales, but he cleared enough room he mixed in lots of nuts and a bit of fruits. It is a few decades later now I presume because hes at the point he can sell the nuts specifically, (he put in lots more of those) and feeds hogs on the excess. He makes several thousand a year, Im not sure exact numbers but he doesnt do any of the work. Im not sure if he hires it out or just lets people collect the nuts and pay him but it doesnt HAVE to be a lot of work to have results. Then of course you get to eat them yourself, and if they HAD to be for some reason nuts can make up a large portion of a diet atleast in the short term, especially if youve got some dried fruits and berries and pine needle tea (vit c) to go with it.

Im huge tree fan. LOL Lots more you can do as well if you realy want to get into it.



Hence the name, "Treetop" :lol:

Re: What would be the best hedge against inflation

PostPosted: Tue Feb 26, 2013 6:43 pm
by fasteddy
Short term, ammo components are doing well for me. Long term....who the heck knows...I like the brewery/distillery idea....making and selling....except I think i would be like our Blue Bell ice cream commercials...We eat (drink) all we can and sell the rest.

Re: What would be the best hedge against inflation

PostPosted: Thu Feb 28, 2013 5:57 pm
by Aqualung48
Debt. It is the hedge the government uses. Borrow money worth more in spending power, and pay back the same amount of dollars, with a low interest rate, with dollars worth much less.

Re: What would be the best hedge against inflation

PostPosted: Sat Mar 02, 2013 1:45 am
by CDNHoard
I would like to second the Trees idea, I am trying to buy an acreage, or a little bigger, and put in an orchard, and some nut production. we are looking at specific cultivars that cost 7-20 dollars a tree, but will produce 100s of dollars in food each year. seems quite prudent.

Cheers

Re: What would be the best hedge against inflation

PostPosted: Sat Mar 02, 2013 8:31 am
by mbailey1234
Aqualung48 wrote:Debt. It is the hedge the government uses. Borrow money worth more in spending power, and pay back the same amount of dollars, with a low interest rate, with dollars worth much less.


I kind of agree with this concept. If you can lock in a low long term interest rate and put that money to work it may be a good plan. I have explored a few ideas like this but the fact is you still have property taxes, insurance, possibly payroll, etc. to deal with so low borrowing costs are just one factor in the equation. Farmland investments during the last 10 years would have been a home run. I'm not sure that is still an option as everything has gotten so crazy around here though. Might be time to buy some decent rental properties but who would know?

Re: What would be the best hedge against inflation

PostPosted: Sat Mar 02, 2013 9:19 am
by beauanderos
mbailey1234 wrote:
Aqualung48 wrote:Debt. It is the hedge the government uses. Borrow money worth more in spending power, and pay back the same amount of dollars, with a low interest rate, with dollars worth much less.


I kind of agree with this concept. If you can lock in a low long term interest rate and put that money to work it may be a good plan. I have explored a few ideas like this but the fact is you still have property taxes, insurance, possibly payroll, etc. to deal with so low borrowing costs are just one factor in the equation. Farmland investments during the last 10 years would have been a home run. I'm not sure that is still an option as everything has gotten so crazy around here though. Might be time to buy some decent rental properties but who would know?

I still have two credit cards with large balances... but the fixed rate is 2.99% I'm not paying them off early :shifty: My other idea for this thread is to consider what would happen if peak oil was real... cheap items made of plastic such as disposable razors, lighters, eyeglasses can be picked up very inexpensively now and could be used for barter if ever TSTF or there was a lengthy supply disruption.