Why is George Soros selling gold and buying farmland?
“A fund controlled by George Soros, the billionaire hedge-fund manager, owns 23.4 percent of South American farmland venture Adecoagro SA.”
Jim Rogers is also quoted in the same story, saying, “I have frequently told people that one of the best investments in the world will be farmland.”
That’s because demand for food is accelerating even as radical climate changes, a loss of fossil water supplies, and the failure of genetically engineered crops is actually reducing food yields around the globe. Ceres Partners, which invests in farmland, has produced astonishing 16 percent annual returns since its launch in 2008. And this is during a depressed economy when most other industries are showing losses.
Why growing and storing your own food can be a goldmine
All this means we can count on three things happening in the years ahead:
Prediction #1) Food supplies will become more scarce.
Prediction #2) Food prices will double over the next 2-3 years, and then probably double again in another 2-3 years.
Prediction #3) When food prices are 400% of today’s levels, backyard farming or gardening pays off big in terms of real dollar savings.
In other words, as food prices skyrocket, it becomes increasingly more financially viable to grow your own food (or store it now while prices are low).
You can’t grow gold. You can’t print your own currency (unless you’re the Fed). But you CAN grow something more valuable than gold and money: Food!
A chicken that could lay eggs was worth more than an ounce of gold!
You can’t eat gold, folks. And you can’t eat silver. Everybody has to eat to stay alive, and that means everybody needs a constant stream of food just to keep breathing. That’s why investing in food makes so much sense.
And by “investing in food,” I mean any or all of the following:
• Investing in storable food that you can save on the shelf and keep for future use or barter.
• Investing in your own gardening skills so that you have the know-how to produce food when needed.
• Investing in non-hybrid garden seeds so that you have the genetic blueprints to grow food that can propagate itself generation after generation.
Get those garden trowels out folks. It is time.
1 comment:
You pretty much said what i could not effectively communicate. +1
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