Depending on how much land he received, I think it is a great. Land is a great tangible investment as long as you can hold on to it (Pay taxes, etc.). I am actively searching for a great land deal and it is one of my highest priorities for a secure future. I don't mean a quarter acre lot with a house either, I'm searching for lots of land I can survive off of if I have to. Gold is great to have in case the economy tanks or any apocalyptic scenarios, and and land is also great to have.
I also think its a good investment. Investing in land will always be profitable, as the value of the land rarely drops, and in most cases it steadily grows with time. Like Guardian said gold is a nice backup for the bad times however, in my opinion, land is worth more as an investment then gold or silver.
Is this your video? I like going into real estate right now, and gold in the short term needs to pullback. I however feel always keeping some gold and silver would be smart. I didn't watch the entire video how many ounces is there?
The Fed does not control the supply/demand of Gold. India, China, Russia are all lining up to buy at bargain basement prices. Look at the rebound in just 30 hours.
That is also a great investment. If it generates cash flow you can easily make more money in which to purchase more gold. So in turn, that is also a great investment. Especially if they already have tenants. Nice deal on that one.
Great investment, I feel that gold did have its light in the day, and rental property is great right now. Its all about cycles, When are you planning to get back into Gold again?
