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ozjo

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17/11/22

11:03

Post #: 64827721
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Originally posted by Red Dirt Dan: ↑

No, i have never been a big fan of Gold & Silver although i have been holding what i myself dug up in Papua New Guinea years ago. I have enough of all that...its more the hard commodities that will actually be utilized that is and has always been a constant commodity.
Coffee for example is increasing incredibly by consumption, in 10 years consumption has more than doubled.
Proteins & allied supplements to protein, access to farm land and utilization of allbeit bought or leasehold for agricultural purposes depending on the geographical food staple demand. Livestock & energy.
The gold standard i dare say will come back as a testing resolve for the USD and it is only a matter of time before we have 2,3 or even 4 reserve currencies going forward. Whilst inflation is good for the USD in the fact that it reduces the expenditure of US debt or minimalism or makes it cheaper for the US, it creates a harbinger for other economies. The USD is almost like the walking dead and it is only a matter of time before the chickens come home to roost.
Its a cycle.
The OECD & the Americas is like the mobile phone market, its saturated and arguably ended its reign of organic growth in 2006 give or take....
South East Asia is where the OECD was at the beginning of the Industrialized era so it still has another 200 years lets say to grow with organic growth be it mild during variable cycles.
My child is 2.5 years old, she will be educated and raised predominantly Singapore how ever she will be traveling & surfing where ever daddy goes and will be educated along the way in the virtues of "AUSTRALASIA".
I ride around on my bike through out SEA and see enough, talk enough to various cultures to know what is in demand as they ask for commodities that they require as a staple intrinsic necessity, so that is what i basically mean by "HARD COMMODITIES"...
A long winded answer i know, but i hope whom ever reads this post can be better educated on the fact that "GOLD & SILVER" is no longer the answer to a proof defensive against volatility....its only one of commodities in a basket of much more.....

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I love traveling a lot as well, expands your horizon and thinking. Good luck mate we are in this rapidly changing world .....circus of life, lot of things beyond our control.

Last edited by ozjo: 17/11/22

SWM Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
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