Update: A 21st Century Tangibles Investing Rationale
Introductory Note: This is an update and substantial expansion to an article that I posted to SurvivalBlog back in 2018. — I often have people ask me: “Why do you stress tangibles investing, Mr. Rawles?” In my estimation, tangibles always trump intangibles. I have three primary reasons why I distrust intangibles: First: Nearly all intangible investments are denominated in fiat currencies. Because of this there is an underlying currency inflation, revaluation, or repudiation risk. Even when buying stock in the safest, most secure and impeccably-managed company it still has some risk when the investment is denominated in Dollars. Ditto for …