Comments on: What are the best investments during an economic depression?

By: Charles V

Charles V — Sat, 22 Nov 2008 07:21:50 +0000

Gold is the standard hedge against inflation, and down markets usually happen at the same time. The reality is that gold itself never truly changes in value, it is the constant… all other currency or specie changes value around the constant of gold.

Best example I can give is this: One ounce of gold will buy a man a good suite of clothes. This does not mean the finest clothing there is, but what is considered good. This valuation has held true for centuries.

By: jaber10m

jaber10m — Fri, 21 Nov 2008 01:15:27 +0000

any decision is not a rule .but the only exception to this rule that I can think of . in foreign investment . its the best business .i meant out of the country

By: MiddleAgeVet

MiddleAgeVet — Tue, 18 Nov 2008 01:50:41 +0000

When things seem the worst, that is the best time for investing. They are not making any more land (except in Hawaii), so investing in real estate is a good thing, as long as you can pay the taxes while you are waiting for things to recover.

People that invested in the orange groves around Los Angles in The Great Depression became very rich in the years that followed.

By: Cdn_Superdave

Cdn_Superdave — Sun, 16 Nov 2008 20:56:38 +0000

The best Investments in a depression are much different to ones in hyperinflation. A correction in Real Estate or Financial Markets will hardly equal a world depression.

But to answer your question basically for Depression you want high quality guaranteed government long term bonds and for hyperinflation you would turn to precious metals

By: lizardmama

lizardmama — Sun, 16 Nov 2008 10:27:33 +0000

According to Mary Kay Ash, makeup sales went up in the Depression due to an increase in prostitution.

I think gold would be a safe assett.