Buy Gold? Buy Real Estate!

Friday, July 31, 2009:

Gordon Liddy tells you on TV to “Buy Gold!’  He then tells you gold has tripled in value since 2000 – in other words if you had bought in 2000, you’d have made some serious “jack”.  But tell me – why would you buy gold when it reaches its highest point?  The answer is simple – “they” bought it in 2000 for just under $300/ounce, and want to sell it to you at an all-time high of about $1,000/ounce – to make a profit for “them”.

For the past two years, you’ve seen headline after headline that scream “real estate prices are going down!”  Does that mean it’s a bad time to buy real estate?  On the contrary – simply apply this well-worn expression: “Buy low – sell high!”

You wouldn’t buy gold at $1,000/ounce and then sell it for $300/ounce – would you?  Whether it be gold or land, you make your purchase at the low point – and sell high.

So, here’s a NEWS FLASH!  Land is currently at its low point!  The recession has worked its magic – and land prices have receded to levels not seen for 3-5 years.  Because land buyers are once again in the market looking for those bargains, they aren’t likely to last more than another 90-180 days.

If you prefer to own physical assets, and land is the investment vehicle of choice for you, what’s holding you back?  What do you see as the main obstacle to “bulking up” your land holdings?  Our readers want to know.