Nomad Capitalist: How to Reclaim Your Freedom with Offshore Bank Accounts, Dual Citizenship, Foreign Companies, and Overseas Investments

by Andrew Henderson

This means that you can pay less than its current worth because what it is worth now is usually a less-than-tangible number. Unlike on a residential property (the price of which can more accurately be pinpointed), the price of agricultural land is more of a range rather than a specific value. The only judge of the worth of agricultural land is what someone is willing to pay for it. You can get some very attractive entry points on agricultural land. Compare that to similar long term assets like gold and silver, which have highly defined entry points. Everyone knows exactly what the price is, and you know what an ounce of gold is worth to the penny. Because of that, no one is going to sell you gold for $200 under spot just because they need quick cash. They do not have to. Precious metals are a well-defined liquid market.