are in gold grain, corn, and wheat. Corn is doing very well post draught, and has been out performing a lot of my other holdings. I also have various other investments in companies I believe in etc. I find diversity to be key.
"The radical of one century is the conservative of the next. The radical invents the views. When he has worn them out, the conservative adopts them." - Mark Twain
No one knows what the psychos in Washington will do, nor what will happen with the laws in any given state. I see a crunch coming in the form of higher property values and thus higher property taxes. While farmers are making a killing today, they are in danger of losing everything to a predatory state that smells tax money in that land.
I have no doubt that U.S. agricultural products will be in high demand. I have less confidence that it will remain highly profitable, as the government has an uncanny knack of killing the golden goose.
I agree with the other poster who suggest learning to grow your own. You may not make much money at it, but you'll feed yourself easier if prices go through the roof (something Mr. Rogers is anticipating).
On advice from my fathers good friend. He said kid, "buy a farm within a reasonable distance from the city, figure out a way for it to pay for itself, then hold it for the long term". I bought a gorgeous 50 acre farm with a rundown house that needed too many repairs, I fixed up the house while we lived there (a nightmare), sold it 3 years later with a few acres and that paid off the loan. That left the land free and clear, I now lease it to an organic farmer. It has a nice wood lot where I had some large trees milled off, Its not only been a good investment, its a place to bow hunt, cut firewood, camp, fish and just overall enjoy nature.
His basis is the rising standard of living for much of the world, demanding higher nutrition, and of course, the long tern devaluation of the dollar.
He instituted some ETF funds which track general ag commodities. One is RJA. It is the simplest way to invest in ag commodities, tends to hold it's own against inflation, and will benefit from any future shortages or explosions in prices.
It's not a bad place to park some funds long term with minimal risk, but don't expect any wild gains short term. It's been level for a few years now.
Other than that, and as others have said, hands on growing, even on a small scale where you work your investment, will pay much bigger dividends long term. Demand for fresh, natural grown edibles can only go up imo.
Undo what Wilson did
I invested in 2003 when nobody wanted farmland and, coincidentally, I'm in escrow to sell this month. I didn't want to sell but prices have already gone up massively on traditional farm land - especially in the US. I would hold, as I never intended to sell because I love the land, but I don't want to own something so easy to confiscate in what seems likely to become the most brutal and predatory police state in the history of the world.
Anyway, the meme is OLD now; the hedgies are all over agriculture with infinite amounts of zero interest hot money provided by the Fed and other central banksters to their bankster buddies. And you ain't welcome to drink from that same beer mug. Ag may go higher, but it is hardly the open opportunity Jim Rogers makes it seem to be. Further, I have doubts if Jim Rogers can personally grow anything.
But don't get too discouraged. If you are staying here I believe there are still opportunities on land which is considered too small or too rugged for industrial-scale ag. You can still plant fruit and nut trees on rugged land, or even vegetables -- you just can't automate planting, fertilizing, dosing with toxics, pruning and harvesting without getting out of your John Deere. So I see room for profitable ag on such land if you are creative and not lazy. Besides, I think the future is increasingly local.
I don't believe in 'stocks'. Maybe there are great profits to be made in ag stocks -- but it seems you have to accept the nearly infinite amount of corruption in the markets and go toe to toe with the hedgies and skilled traders such as Rogers. And the stock markets in general do NOT historically do well in police states nor in depressions.
So mostly I want to support the prior poster who suggested you start with "farming" on your front yard. You need a lot of training to do ag in large scale, it is a HIGHLY skilled job in which newbies seldom survive. And if you are going organic/ sustainable it is many times harder harder, at least in terms of developing skills and knowledge (sustainable/ organic ag requires you substitute specialty knowledge and ingenuity for chemicals and tractors).
So, by all means, jump in but be smart about it. If you can't grow on very small scale you aren't likely to succeed on industrial scale. But on small scale the risks are minimal so anyone can be successful if they are willing to work. And if you find you really like the experience you can scale up from there.
Bill of Rights /Amendment X: "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."
Do you need a politician or judge to "interpret" those 28
What about AG and Water Treatment stocks in Asia?
The best investment in agriculture is to plant a garden. Anything else means you are contributing to corporate farms which drive small farmers out of business with their GMO pesticide laden crops.
Home garden or small village farms is the only way to go, and support rooftop and vertical small farm projects in your local community.
Ron Paul is investing in Saskatchewan wheat. It's a corporation.
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