As of 7-18-11 gold is at $1,603.00 U.S. Dollars<\/p>\n
Stop buying gold!<\/p>\n
If you own physical gold begin to divest 50% of gold holdings over the next six months.<\/p>\n
Why only sell half of your gold? Situations can and may change very fast in this current world economic and political era. I also assume that most people who are true long term physical gold purchasers purchased much of their gold (about half) under the $1,000 price. <\/p>\n
REASONS FOR DIVESTING:<\/p>\n
China is over heated and is in a high risk time frame for an economic development major slowdown to begin.<\/p>\n
Without China pushing hard to develop their infrastructure and housing and with no QE 3 from the USA the above will cause commodities to deleverage (including gold and silver) as speculators scramble to re-adjust their portfolios and try to maintain a positive cash flow.<\/p>\n
\ufeffMost of the developed world is in a deep job loss and product demand major slowdown (which will, under present government policies, continue for years).<\/p>\n
July 18, 2011<\/p>\n
People have asked if not gold then what should they invest in. My answer is simply secure farmland with a secure reasonable water source, near a transport corridor system but not to close to an urban center.
\nYes, this is much more management intensive than holding physical gold. But, usable farmland is a safe bet moving forward and adds wide diversity to the average person’s portfolio.<\/p>\n
Added on 12-18-11
\nJim Rogers and GreenWorld BVI target agricultural land investment in Australia<\/a> <\/p>\n