A Nickel Now Worth 17 Cents! — What That Means for Real Estate Prices

Save every nickel! Precious metals, and even ordinary metals skyrocket in value due to inflation.

Don’t spend you nickels! They’re now worth 17 cents each. That’s right. Runaway inflation has big and growing consequences for just about everything of value. After a recent attempt by some investors to corner a segment of the metals commodities market, during the Russian war on Ukraine, the price of the metal nickel shot up so much that a coin that was once 5 cents is now worth more than triple that amount — just from the exploding value of the metal contents. Thus, banks are now losing money by supplying nickels. They’re losing 12 cents on every nickel coin that they dispense.

This teaches us a lesson about inflation and war. Russia controls about 20% of world nickel production, and it’s now threatened, along with oil and many other commodities. Home building materials are also under pressure, as is just about everything else.

Billionaire Elon Musk has joined Warren Buffet in trying to guide the masses in the right direction so that we can continue to buy Teslas. Musk recently posted tips on hedging against inflation, tweeting it’s “generally better to own physical things like a home or stock in companies you think make good products,” rather than keeping much money in cash.

Inflation is hitting women, children and minorities the hardest, and there’s no relief in sight. Virus hysteria, government over-spending and war make inflation worse. Biden plans to respond by continuing to blame covid and Putin for inflation. Because the current government has no serious plans to reduce inflation, and the Federal Reserve will likely fail to taper its ponzi scheme monetary policy, it is up to each American citizen to protect our private assets against inflation and increasing government confiscation, and to take advantage of rapidly rising prices for just about everything from food to real estate. The good news for Loft Blog readers is that condos have long been excellent hedges against inflation, and owning a loft is much easier than trying to store a half million dollars worth of nickels.

Get a free list of the best investments during times of stagflation. Fill out the online form:

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Real estate as a hedge against inflation — easier than storing millions of nickels.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Pandemic of Stagflation

Los Angels artists fight destruction with creation.

REAL ESTATE NEWS (Los Angeles, CA) — It seems like the epidemic of viral mass hysteria vanished almost overnight. For more than a year, the pandemic article on the LA Loft Blog was high on the top ten list of popular posts, even though it barely mentioned real estate. Last week, it vanished off the Top 10 real estate topics list — gone! The same goes for the mainstream news. They’ve moved on. The germs apparently saw the polls, learned that nobody cares about them any more, so they must have retreated back into their spores where they came from. The headlines have changed. CNN and fox now hype new shocking topics: INFLATION! WAR! MORE INFLATION! MORE WAR! Gallon of gas headed toward $10! Average price for home headed over $1 million! As the Loft Blog warned, economic strife and war would represent the aftermath of global mass hysteria. Real estate today shows symptoms of economic stagnation, obscured by more acute pain from the virus of inflation, causing varying degrees of syncope or convulsions in different real estate markets, potentially leading to the death of the US Dollar.

The middle class gets squeezed by diminishing lifestyle and skyrocketing cost of living. Stock market jitters with volatility. For real estate prices, like most other industries, fed money printing has moved from punch bowl to life support. Of course, Dr. Money Printer Jerome Powell fails to disclose the side effects: economic stagnation and runaway inflation.

The effective treatments that lead to a real cure: stopping the free helicopter money; halting government interference of private enterprise; leaner government with low taxes — are not in the foreseeable future. Effective home remedies for this pandemic of stagflation include: moving to where the money is (free states of Florida, Texas, Bitcoin boomtown El Salvador etc); king of inflation hedges: gold and other precious metals; gems, collectibles, commodities stocks, other quality stocks, cryptocurrencies and other blockchain investments, and the queen of tangible inflation hedges — real estate.

Two years ago a novel attention-getter, the now outdated virus that dare not speak its name is today only a remnant to be used as a tool of politics, nothing else. The very bad flu bug has gotten the hook. But the show of sensationalism must go on: A shiny, new scourge of high-priced economic strife, along with the new deadly outbreak of war share center stage of the mainstream media. The once exciting market of real estate has been relegated to the homely place where we sit to watch the tube filled with tyrants and their pawns.

For the Corey Chambers real estate team, new construction homes, along with new technologies in digital real estate, are the exciting, glimmering hopes on the horizon if we are to remain in Los Angles far into the future. How can we help to make real estate exciting for you? Fill out the online form:

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SEARCH LOFTS FOR SALE Affordable | PopularLuxury
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How and when will excitement return to Downtown Los Angeles real estate?

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.