#90 - Hard Assets, Where Does Money Come From?

Posted on Thursday, April 22nd, 2021 at 8:36 am by LaLonde Jewelers

If a crisis occurs like I have seen in the past, war torn areas like Vietnam, Cambodia, Iraq, and Iran, people from these countries have had to pick up and run and run quickly. Now a lot of these people were of substantial means. They owned nice houses, lots of property, lots of gold, silver, diamonds, and jewelry. Thing is that in a situation of having to pick up and run they would have no time to sell their house or property and barely have time to gather their gold and diamonds and split.

For a long time here in the USA real estate and business properties have been a staple to long term success.

Today it is changing, the top finical advisors and bankers seem to be of the mind to diversify, meaning own the properties but also put money into hard assets. Hard Assets?? Yes, gold, silver, and diamonds.

Think about this. If you are suddenly put into a situation where you have to move quickly, how fast could you sell your house, your boat or your business? This is why people of means have learned to diversify. I have noticed that people more and more are looking to invest in these hard assets for a 'Just in Case' situation. This is all due to inflation.

In 1980 gold was $800.00 an ounce and in 2020 it got up to $2000.00 per ounce. Did you know you could buy more goods and services with $800.00 in 1980 than $2,000.00 would buy in 2020.


After World War I in Germany there was a thing called Hyperinflation. The people there would go to a restaurant and pay for their meal before they ate because if they waited the meal might have gone up 25% before they left. (Hyperinflation)

Right now there is a lot of money being given away.

I am not a doomsayer, but I know what I see and a lot of people are putting money into hard assets, I am getting above average calls, and I am small.

So if you have the means and you want to be smart, this might be something for you to look into.

Written by Dan LaLonde, G.G., G.I.A.
Lalonde Jewelers & Gemologists
The Gem Expert