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As the Gold Bubble takes off, say bye-bye to housing
invite response
2012 Sep 4, 5:03pm 3,319 views 5 comments
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everything
2012 Sep 5, 12:48am
Although the trend has been a slow downhill run.
It's still money behavior. Gold should trend back up until February, silver has no choice but to follow. Shitpiles of money, shitpiles of credit, chasing any semblance of safety it can find.
freak80
2012 Sep 5, 12:58am
Shitpiles of money, shitpiles of credit, chasing any semblance of safety it can find.
Correct. Right now cash is the worst asset class, except for all the others.
There is a new kid on the block, and she is all soft and shiny. All this money sitting on the sidelines, waiting for an escape, is finally finding a new escape route, and it ain't gonna be housing, this time around. Because, we all know, that once a bubble deflates, it's impossible to re-inflate it ...
Wow dont buy housing and buy gold (down -35%) instead. This guy was a real piece of work.
marcus
2015 Aug 29, 4:27pm
I guess those that bought RE and sold gold back in 2011, did pretty well. Both sides of the spread went in their favor.
I can't see going the other way on the spread being nearly as low risk as that was. Although, the chance of a gold "flight to quality" spurt letting one out of that spread (should it go against them) seems fairly high.
People, you no longer have to keep your money in the bank. There is a new kid on the block, and she is all soft and shiny. All this money sitting on the sidelines, waiting for an escape, is finally finding a new escape route, and it ain't gonna be housing, this time around. Because, we all know, that once a bubble deflates, it's impossible to re-inflate it ...
#housing