Funny, another reason I’m still an amateur. I always assumed foreign accounting standards were more stringent than ours. Harkening back to my earlier post, I’m not sure today that I don’t still owe some countries $2 in taxes. To quote Stan Lee: “Nuff said.”
Your observations on gold/silver and grains.? I hear ya.
Here’s another one you might be familiar with since you obviously know more about this than I do. I wish I could give a citation or a url or author’s name but I cannot. Not too many years ago (I want to say 5-ish or a little more) I was reading an article (yes, on the internet). The author made a pretty good case for gold not performing nearly as well in any future inflationary period as it did in th3 1970/80’s. His reasoning (and charts) was that the bigtime start of the inflation of that era coincided with USA’s
going off the gold standard. That is a situation which cannot be duplicated or revisited. I am not enough of a gold maven to find holes in his thesis.
I have off/on tried to follow commodities over the years. What I always come away with is unless you are the person who starts the war, or controls the weather that causes wheat/corn/rice/coffee to stop growing there’s nothing to really see there.
If investing in stocks is 1/3 playing a grand, educated hunch, playing in commodities is almost a total hunch and if there’s a way to truly get educated in it, I’ve never found it