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The Compound and Friends

CHAPTER

The Importance of Investing in Commodities

Most people who are listening to this should be looking at commodities as insurance. You buy it, you hope it goes nowhere, you don't make any money in the rest of your portfolio as well. All the commodities he's talking about, agriculture, water, oil, that you've got to be... Yeah, they're useful. They're essential commodities. Gold, it's not an essential commodity. Where I come from it is. You know what's going to happen? And one day you'll see all this fed shit is going to result in inflation. So here it is and gold is the same price it was in 2011. We had 9% CPI last summer, 9.9

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