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I Can’t Think of a Better Investment Than This

Friday, December 7, 2012 11:51

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by Simon Black
Sovereign Man

It seems these days I spend at least 50% of my time looking at farms for sale in Chile. And with good reason.

I’ve written before at length why agriculture seems like the no-brainer investment of the decade: given the fundamentals of supply and demand, the absolute best-case scenario is rising food prices. The worst-case scenario is shortages.

Owning farmland is comparable to owning physical gold. And I’m buying as much of it as I can, specifically in Chile.

Farmland in Chile is incredibly rich. It’s like Iowa meets California, but at a fraction of the cost. Highly productive farmland here runs anywhere between $2,000 per acre and $6,500 per acre. By comparison, farmland in Iowa and California can cost $10,000 to $12,000 per acre for similar quality.

Continue Reading at SovereignMan.com…

2012-12-07 11:21:31

Source: http://financialsurvivalnetwork.com/2012/12/i-cant-think-of-a-better-investment-than-this/?utm_source=rss&utm_medium=rss&utm_campaign=i-cant-think-of-a-better-investment-than-this

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