Money, Metals, oil, manipulation of Prices [maybe].

[mikeinct]

Copper and lead prices along with oil have pulled back from the 19% inflation nuttyness.. So High prices in time will, duel defeat to some of these high prices. Competition moves in on Money making operations quickly. Gold is getting lots of love and attention, 3500 Us Dollars , wow. Silver sets about $33.00 roughly. Our betters who can rent money way too cheaply, keep me thinking of what the next best place is, to shelter a few hard-earned Dollars.. Some will say, Rare earth elements sourced on US soil. Others think silver trading 100 to one Oz. of Gold trades. That is a fun spot to trade from. I guess. One Oz of Au gold gets 100 ozs of Ag Silver. History pegs the trade ratio avg. below 50 to 1 R. IDK guys.. The monetary planning thing is always no absolutes. Everyone has Diff needs/outcomes. What say you? My great friends of the forum. Maybe a Small two-family rental home ?. What is the best place, right now, to build something on the future? Mike in ct

 

[Knotwild]

There is no easy answer to that question. Each person has different requirements/needs. Gold and silver has been manipulated, but now the experts think it is only silver. In my area land is the best deal - but the timber market has gone to pieces here also. But as a very wise great uncle told me once "Don't ever buy it if you think you might have to sell it. If you can hold on to it through good times and bad times and sell when you want to, you will probably win the race.

Good luck.

 

[Fuj]

Gold is quite laughable since book value of reserve gold is only around
$42 bucks ?? Wrap your head around that......LOL

Mikey.....If you can put up with the winters along the lake, Up here in
North Western Pa. Is easier on the pocket book then most. Plus some
of the best hunting and fisheries around. Sports is also here. Travel in any
direction on an Interstate, and in 2 hours or less you could be in Cleveland,
Buffalo, or Pittsburgh. Lots of gun ranges real close. Ridgway is 100 miles
from my doorstep. My suggestion would be Waterford Pa. about 12 miles
south of Erie. Great place. I grew up in Girard, west of Erie, and another
great place especially with direct access to Walnut and Elk creeks going
into Lake Erie and it's perch, walleye, small mouth bass, and steel head.
We are blessed with truely 4 seasons, but winters can get ignorant from
time to time......And not to mention Presque Isle and its bay and it's rich
history.

 

[spencerhenry]

I don't believe gold is an investment to make money, more. a place to hold money.

 

[hogpatrol]

What sort of time line, five, ten, twenty years from now to use the money? Also, some investments can interfere with a good night's sleep.

 

[Toolbreaker]

Real estate. Undeveloped if you're feeling froggy. It'll make you old/rich/broke all at the same time.

 

[JEFFPPC]

So after you worry yourself sick about it there is one truth.....Your Not taking it with you.

 

[bluealtered]

The basic rule is and always will the same, ... never bet more than you can afford to lose. There is a reason it's called gambling, remember?

If you pay attention to the markets=gambling, you will shortly learn that you are only there to feed those who have at least a million dollars in computers sitting somewhere that are/maybe betting if everything is going up or down. No their not making a million dollars on each bet.

They are doing it the same way every place that has legal gambling does it, 1% at a time, every minute of every hour every day 24 hours a day 365 days a year. That's where the real money is.

To think that your gamble is safe because the S.E.C has everything under control is total B.S.. Just ask those that lost everything in the ENRON scam. If you think that scams like that won't happen again, well I just happen to have this really nice bridge I can let go cheap!

 

[brokeasajoke]

The problem with real estate in Western NC is it's outpaced the working family. A single family one floor home with 18 acres is $975,000 1 mile from me. I guessed 495 list before I looked as I wasn't sure on the quantity of land. Built in the '70s but it is a very nice brick home. So what happens if mass exodus of those with plenty of discretionary money comes to a halt? A double wide on an acre of land is $250k now, which is what the working family can afford here. Will it bust or will the balloon get bigger. Looking to invest what little I have but not sure what.

 

[Steve Donlon]

If you want to buy land , southern Colorado/ northern New Mexico, Utah all have water and are close enough to metropolitan ares for growth. It is undervalued and has some very beautiful mountain land. It's getting hard to escape urban sprawl and still have enough open space to feel like you are getting away from it all. Arizona is a good example of what is happening. Southern Arizona is loosing open space as each town merges with the next once small town. It's harder to escape it. You can find acreage in the forest where the owner will carry the cost of the land and make it easier to buy in the states I pointed out. If I was younger I would be In northern New Mexico . The weather patterns are changing in the west and the monsoon is not hitting Arizona like it used to. Of course this is a long term investment. But land is a very good choice if you can find a place you might want to spend your golden years.

 

[AccelR8]

Maybe a Small two-family rental home ?

In my humble opinion, no not now. Unless you're going to live in one half of it.

There was a time 20 years ago when residential real estate was, for a guy like me, the best investment going but I believe today it is among the least promising. From what I see today the cost of real estate is so high and the rents people can pay, even though rents have gone up too...cost has outpaced rents and it's real hard to get a return on investment that comes close to even a CD with a good rate of return. Of course this from the perspective of an individual, small time RE investor.

And owning RE is by no means a passive investment. You're going to be working no matter how you manage it.

If you're an "accredited" investor I'd say look in to private equity for returns. Of course there's risk too so be conservative!

edit; I deleted some of my comments because even though I'm just a guy and don't know much about anything, we don't wat to be giving advice that's too specific here. I hope we're good

 

[L.Sherm]

I would like to know why gas was 2.86 a gallon here in Dec 2024 and oil was 72 barrel and now oil is 62 and gas is 3.16.
Diesel has went up .18 cents in the last 2 weeks, dont suppose memorial day weekend has anything to do with it.
Usually Diesel goes up here in the winter because they say winter blend is more expensive.

 

[hogpatrol]

I would like to know why gas was 2.86 a gallon here in Dec 2024 and oil was 72 barrel and now oil is 62 and gas is 3.16.
Diesel has went up .18 cents in the last 2 weeks, dont suppose memorial day weekend has anything to do with it.
Usually Diesel goes up here in the winter because they say winter blend is more expensive.

We can thank state and federal government for that. Summer gas costs more. There's 14 different blends of gas.

Seasonal Gasoline Blending and What It Means for Your Wallet - Guttman Energy

What is blended gasoline? How can it benefit your vehicles and fleet? Most importantly, how will it affect your wallet and bottom line?

www.guttmanenergy.com

 

[lawman29]

What is the best place, right now, to build something on the future?

I can offer one recommendation: Don't ask for financial advice on a shooting forum...

 

[L.Sherm]

We can thank state and federal government for that. Summer gas costs more. There's 14 different blends of gas.

Seasonal Gasoline Blending and What It Means for Your Wallet - Guttman Energy

What is blended gasoline? How can it benefit your vehicles and fleet? Most importantly, how will it affect your wallet and bottom line?

www.guttmanenergy.com

Why does summer gas cost more? I've got an Uncle who has spent his whole career working in refineries hes told me forever some of this shit were being told is B.S its all about price conditioning.
In 2016 while working in Saudia Arabia I had a conversation with an Aramco company man he asked me you remember the gas shortage of the 70's i said yeah, his response was that was all B
S. we found out if we formed OPEC we could control prices so we just shipped less oil and raised the price and made more money. Sound familiar?
Doesn't add up Montana doesn't transition to summer blend untill June 1

 

[D Coots]

10 years ago gold was $1,100 so the price has almost tripled. Not a bad investment for me. I was buying it way before that. Problem is I'll never sell any, but someday the Grandkids will be Very Suprised.

Land was a good investment for me, but the neck was stuck a lot further out. I needed land for my business to quarry. I hated the uncertainty of leases. Bought 325 acres of Iowa farmland in 1993 personally. Bought it by the acre and my company paid me royalty on every ton of limestone sold. Borrowed money for 15 years and paid it off in 10. Between the royalties and farm rent it worked great. Buy it buy the acre, sell by the ton. There are a lot of tons in an acre, especially if it is 100' deep....