You apparently don't know much about the value of books. And their not being printed anymore will only make them more valuable. As for diamonds, we can already make them for pennies. Even a jeweler can't tell them apart from the real thing except by weighing them. And they exist is such huge quantities as it is that they really have little value anyway. 200 years from now I doubt they will any more valuable than glass beads. And gold, I've already addressed gold. You're gonna be waiting a while. Copyright last 17 years - and it's renewable. And re-prints and copies will never replace originals, nor will they affect the value of the originals.
Sure, there are some very valuable books out there for which some people will pay a lot of money for now (but not in the future). I also know that in many more cases books are over-valued and not worth the paper that they are printed on. I agree with you that education is the valuable asset here, but soon books will be obsolete and future generations will only recognize and care about the electronic versions. In 200 years, there will be no text for which there is not an electronic version. TC
What ever ya do, don't invest in twinkies. There is no way to tell the age of em. Could be less than a year old, or could be decades old. . . . . . . on second thought, the ingredients in them could be worth fortunes in 200 years. Jon
I truly doubt that statement. Many believe that the precious metals (including gold) are undervalued and can serve as a hedge against inflation. We all have different perspectives though. You can put $500 worth of bread in your time capsule, and I will put $500 worth of gold in mine. TC
Well lets say that all the Prophets off the past, The Bible, and The Scientists are all wrong about 12-21-12. I'd have to say Seeds and Water Purification Items. And a bunch of One Dollar Bills...
You can copy any book you want right now for your home use (educational purpose). I love rare books but hard to tell what you can get for $500 today. I have 1st edition Robert Frost book with several lines of one of his poems handwritten inside the cover in his own hand with his signature beneath that is currently worth about $8,000. It only cost me $250.
Don't remember all the details but a long time ago a scientist made what he called the purest water possible. He sealed it in a glass container and made sure no air was in nor could get in. Today that glass container is in a museum and completely cloudy. Water is what is called the Universal Solvent. Naturally it started to disolve the glass container.
Of course you could put Buggy Whips in there and if gasoline for cars continues at the present rate, the horse and buggy will be common and so will buggy whips. Kills that thought. I really think GDJMSP has the right idea. And as others pointed out, almost everything for reading will be electronic so books will really be worth a small fortune. Even some books now are being reprinted due to demand. Example is the first Red Book and still selling the reprints on the Whitman Web site. Metals will all become nothing special at all. Not only due to the modernazation of methods of extractions, but mostly due to artificial manufacturing of anything in any element you want. People used to laugh at Alchemist dreaming of making Gold. As we get closer and closer to atomic manufacturing of materials, making Gold, Silver, etc will be as common as toothpaste. Not long ago people said one thing about a diamond is no one can ever make them. Today if someone wanted to flood the market with diamonds, they could. And don't forget there are really only 92 natural elements. We made all the rest. NO putting anything metal in such a time capsule would be like putting in a photo of Elvis Presly. My suggestion would be to put a Beanie Babie in there. In 200 hundred years almost all will be distroyed by angry women that blew a fortune on them.
Forget the time capsule, what you and is just cash and constant careful investing. If you can average 5% per year you'll end up with $8 million, if you can average 7% you'll have $329 million. What I'm curious is how they are going to judge the choices? Short of putting them to the test for 200 years any judgment will be pure speculation.