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In United States
Registered Sep 22, 2010
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Zak's most recent comments:
- On 24 Apr 2013
in
Signs The Housing Market Is Starting To Head South,
Zak said:
Roberto,
I'm not one way or the other on if the housing market is overinflated or ready to keep going up. However, based on what you are saying, does this mean you are "all in" on housing at this point? It sound like you are tapping out 401k loans, bank account cash, loans from co-workers, etc.. to buy housing. How have you diversified your investments outside of real estate? Could you fill us in percentage wise on what your diversification strategy is to avoid an "all eggs in one basket" scenario? As I get ready to purchase real estate I want to make sure I am staying balanced, so your input on this would be valued. - On 29 Jan 2013
in
Possible chance for group inflation hedge - gold mine,
Zak said:
@yup1 Great points if you lend zero credence to wage deflation, expanded money supply, and a changed CPI baseline calculation. I'm sure the politicians in Greece never thought overspending at the public trough could lead to a receding economy with wage deflation and austerity either.
I'm not personally looking for an opportunity to go big or go home on. However, a workable commodity mine for sale in distress piqued my interest. If its not your cup of tea, feel free to move along. As I mentioned, it is something I am interested in as a hedge, and wanted to get the rest of the patrick.net community feedback on the validity of such an enterprise. If someone has constructive positive or negative feedback about the proposition, I welcome it... Iwog's speculation that property prices are too high for gold bearing property is interesting to me for instance. Of particular use to me would be a reference to some standard price per acre of gold ore bearing land that he is referring to from which to judge good or bad value.
Other than that I have only the raw value of land per acre from which to judge, and which I have compared against, hence my inclusion of the acreage and price to allow people to see a general value ratio of the current pricing. Again, constructive comments welcome, but if you have nothing to add, I appreciate your time taking a look anyway. - On 28 Jan 2013
in
Possible chance for group inflation hedge - gold mine,
Zak said:
Excellent reply. Unfortunately I will need $250 to initiate the $4000 transfer. Please forward the funds via western union.
Seriously though, if you think it's a bad idea, please elaborate. I am a student of the world and if you have something intelligent to add I'm more than willing to listen.
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