It’s been a while since I wrote anything. I could come up with numerous reasons why my writing pared back – I am working too much, I am doing too many drugs, I’ve been evading the law…you get it.
But in reality, its time consuming making millions. If making millions was easy, everybody would do it. But it’s not easy. It consumes my social life. Having no time for anything is my problem. As the great Biggie Smalls would say, “Mo Money, Mo Problems”.
If you have read my stuff you know I am an advocate – maybe that’s the wrong word – a conspiracy crazed fuck – who thinks inflation, and not just inflation, but hyperinflation is around the corner.
Hyperinflation is inevitable. It is as simple as that. With a fiat based monetary system and central bankers controlling the economy there is simply no way that we as a society will avoid an inflationary environment. Think of this, has there ever been a time in history where a fiat based currency hasn’t collapsed on itself? I didn’t think so.
To prepare for the inevitable inflationary environment there are a few things I am doing. First, I plan to buy some real estate. Generally, I’m not a fan of leverage. I like minimal amounts of debt and lots of hard assets. But if I can snatch some low fixed rate debt on a house or condo I can then go short on the interest rates if they ever jump up. Furthermore, in an inflationary environment, fixed leverage would actually benefit my bottom line.
Secondly, I am going to buy some gold. And no, I am not going to buy an ETF that measure the price of gold. I am going to buy physical gold. Fucking coins and bars bro. My plan is to make an annual purchase of gold every year around bonus season. Depending on the price at the time, $5,000-10,000 sounds like a reasonable deal. That should properly hedge myself against inflation.
Thirdly, I’m going to do some small bolt-on land acquisitions for my inflation hedging portfolio. I’ve been looking into buying raw land – timberland my man. If I can pick up timberland for under $1,000/acre – which isn’t an unreasonable price – I could add 20-30 acres per year. And the best thing about timberland is that it continues to grow – making it a perfect inflation hedge.
Finally, I am going to start cashing a portion of my weekly income into pennies. That’s right, pennies. Here’s the inside scoop on the penny game. A penny from post-1982 is made of 95% copper and 5% zinc. One of these pennies is worth at least double the face value – making it worth around $0.02/cents. My plan is to take $25-50 bucks per week and exchange it at a bank for pennies. I will then either sort through hand or buy a machine to separate the coppers from the non-coppers. Then I will take the non-coppers back to the bank, buy another $25-50 bucks worth – rinse, wash, repeat. Eventually I will have a decent amount of copper that should continue to rise in value overtime. P.S., this is the only real-world arbitrage I know of where you can instantly double your wealth with no downside.
To the reader, I either sound like a crazy dude who will have a few tons of pennies, lots of gold and a decent land portfolio, or a dude who is prepping hard for an inflationary environment. Think what you want, but I don’t think there is much downside risk on any of those investments – even if inflation is dead. But I am pretty sure of my research. I am well read on my monetary history and a fiat based currency will not end well for the republic.
If I had to give any investing advice to someone I would tell them to buy gold, land and guns. Accumulate the hard assets. Fuck the fed.