re; the egenral argument to buy, being, well, it’s all going to be a wash with inflation and rising interest rates, so real estates a decent place to park cash…it’s not a stretch for me to imagine taking my 20% down right now on an ok 300k house, putting that 60k in gold, and having the gold price triple to 180k and meeting or approaching the house’s price in the next 5 years. not sure what that means if interest rates double as well, but i think there’s some realistic probability you could pay cash for the house with the 20% down held in gold for 5 years or so…

re; the egenral argument to buy, being, well, it’s all going to be a wash with inflation and rising interest rates, so real estates a decent place to park cash…it’s not a stretch for me to imagine taking my 20% down right now on an ok 300k house, putting that 60k in gold, and having the gold price triple to 180k and meeting or approaching the house’s price in the next 5 years. not sure what that means if interest rates double as well, but i think there’s some realistic probability you could pay cash for the house with the 20% down held in gold for 5 years or so…

re; the egenral argument to buy, being, well, it’s all going to be a wash with inflation and rising interest rates, so real estates a decent place to park cash…it’s not a stretch for me to imagine taking my 20% down right now on an ok 300k house, putting that 60k in gold, and having the gold price triple to 180k and meeting or approaching the house’s price in the next 5 years. not sure what that means if interest rates double as well, but i think there’s some realistic probability you could pay cash for the house with the 20% down held in gold for 5 years or so…

Been using this concept for years in valuing markets vs one another, I guess my secret is out now. It also works for SP500 although 10 or 30 yr bonds work better. Reversions regularly happen when these overbought/oversold levels are hit. Of course you use the dollar vs gold to determine gold valuations.

Can’t wait to buy gold now since it is going to 6k, Jesus people do not fall for this con. The Gold hype is just like housing in 2005 and stocks in 2007, 2000. Plus my favorite part is that you get to pay a 35% commission to buy the coins, so you need a huge move just to have a scratch trade.

I cannot believe people fall for this crap. Only a matter of time before Joe Battalia gets a pie thrown in his face. I do trade the long side of this market at times, but I am just shocked at how many people are swallowing this hype on something that has already tripled.

The 6k Gold people are the same ones that blew the tops in housing and stocks, yet we will bet our live savings on them to get this one right?

Interesting how 1980 to 2000 does not count with Gold. Remember we had big time inflation in the early eighties.

Been using this concept for years in valuing markets vs one another, I guess my secret is out now. It also works for SP500 although 10 or 30 yr bonds work better. Reversions regularly happen when these overbought/oversold levels are hit. Of course you use the dollar vs gold to determine gold valuations.

Can’t wait to buy gold now since it is going to 6k, Jesus people do not fall for this con. The Gold hype is just like housing in 2005 and stocks in 2007, 2000. Plus my favorite part is that you get to pay a 35% commission to buy the coins, so you need a huge move just to have a scratch trade.

I cannot believe people fall for this crap. Only a matter of time before Joe Battalia gets a pie thrown in his face. I do trade the long side of this market at times, but I am just shocked at how many people are swallowing this hype on something that has already tripled.

The 6k Gold people are the same ones that blew the tops in housing and stocks, yet we will bet our live savings on them to get this one right?

Interesting how 1980 to 2000 does not count with Gold. Remember we had big time inflation in the early eighties.