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<blockquote data-quote="HerefordSire" data-source="post: 665329" data-attributes="member: 4437"><p><em>I agree with everything you are writing. Printing these fiat dollars (not backed by gold) are like a drug. Once you start it is very hard to stop. Generally, when prices begin to rise, owning a couple of hundred acres purchased today could be worth 10 fold soon. The trick is to cash out at the top like Mark Cuban did. However, anytime you stay in cash that is being diluted, during the interim, you are losing. It is like a hot potatoe. Let your cash sit idle and your buying power is reduced (or your hand is burnt).</em></p><p></p><p></p><p><em>Edit...so the problem becomes...to prevent sitting in cash, you have to risk losing it. Conundrum? The odds of picking a losing investment in diluted dollars is much greater than yesteryears' non-diluted dollars.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 665329, member: 4437"] [i]I agree with everything you are writing. Printing these fiat dollars (not backed by gold) are like a drug. Once you start it is very hard to stop. Generally, when prices begin to rise, owning a couple of hundred acres purchased today could be worth 10 fold soon. The trick is to cash out at the top like Mark Cuban did. However, anytime you stay in cash that is being diluted, during the interim, you are losing. It is like a hot potatoe. Let your cash sit idle and your buying power is reduced (or your hand is burnt).[/i] [i]Edit...so the problem becomes...to prevent sitting in cash, you have to risk losing it. Conundrum? The odds of picking a losing investment in diluted dollars is much greater than yesteryears' non-diluted dollars.[/i] [/QUOTE]
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