I live in an apartment. I have some silver and gold. I want to live on the land, and own my place. But I am not sure if I should buy land right now.
My question is: do you think I should wait for silver and gold to prior to purchasing land, or it does not matter as land will increase in value as wel?
I know as a fact that in 10 years I will be able to buy those cheap-looking suburban houses for a couple of Au oz.
But what about good quality land? What about land where you can hunt, get some woods, or grow things? Will they be worth MORE or LESS in gold or silver as they are right now?
And what about quality of life as well. I am trying to put that in the equation: every year is not coming back. So how do I put a price on those years wasting my time in an apartment instead of living on the land…
But still: if I buy now I put myself into debt and I must sell my silver and gold.
We decided to open this Q&A up to the collective wisdom of SD readers this Labor Day weekend. The Doc will chime in later in the weekend with his thoughts on the issue.
Time for SD readers thoughts and opinions: Will Land Be Worth More or Less in Terms of Gold or Silver After the Collapse?