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scaredyclassic.
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September 18, 2008 at 4:55 PM #272592September 18, 2008 at 4:58 PM #272289
34f3f3f
ParticipantRustico, I am principally referring cash investors.
September 18, 2008 at 4:58 PM #272530ParticipantRustico, I am principally referring cash investors.
September 18, 2008 at 4:58 PM #272537ParticipantRustico, I am principally referring cash investors.
September 18, 2008 at 4:58 PM #272579ParticipantRustico, I am principally referring cash investors.
September 18, 2008 at 4:58 PM #272602ParticipantRustico, I am principally referring cash investors.
September 18, 2008 at 5:01 PM #272299peterb
ParticipantIt is interesting to keep in mind that gold cost around $500 to $600 an ounce to mine. So it’s a place to start for valuation. A decent house is maybe $150 to $200/sq/ft plus the dirt, and cash is priced according to other currencies.
Right now it looks like most tangible assets are priced too high compared to what most people earn, from a historic perpective. If we do in fact experience inflationary pressure, it seems like tangible assets should rise compared to cash. But there are so many other factors. Houses are deflating right now. Gold is inflating and the US$ is rising a little. I’d bet on gold or the US$ for a while. Far more liquid than real estate and trending upward at this time.
Although our fed is doing it’s best to fill the world with dollars, unemployment is rising, wages are not increasing and most assets are still correcting downward. This all makes your US$ buy more. It will be interesting to see if gold will test $1000 again.September 18, 2008 at 5:01 PM #272540ParticipantIt is interesting to keep in mind that gold cost around $500 to $600 an ounce to mine. So it’s a place to start for valuation. A decent house is maybe $150 to $200/sq/ft plus the dirt, and cash is priced according to other currencies.
Right now it looks like most tangible assets are priced too high compared to what most people earn, from a historic perpective. If we do in fact experience inflationary pressure, it seems like tangible assets should rise compared to cash. But there are so many other factors. Houses are deflating right now. Gold is inflating and the US$ is rising a little. I’d bet on gold or the US$ for a while. Far more liquid than real estate and trending upward at this time.
Although our fed is doing it’s best to fill the world with dollars, unemployment is rising, wages are not increasing and most assets are still correcting downward. This all makes your US$ buy more. It will be interesting to see if gold will test $1000 again.September 18, 2008 at 5:01 PM #272546ParticipantIt is interesting to keep in mind that gold cost around $500 to $600 an ounce to mine. So it’s a place to start for valuation. A decent house is maybe $150 to $200/sq/ft plus the dirt, and cash is priced according to other currencies.
Right now it looks like most tangible assets are priced too high compared to what most people earn, from a historic perpective. If we do in fact experience inflationary pressure, it seems like tangible assets should rise compared to cash. But there are so many other factors. Houses are deflating right now. Gold is inflating and the US$ is rising a little. I’d bet on gold or the US$ for a while. Far more liquid than real estate and trending upward at this time.
Although our fed is doing it’s best to fill the world with dollars, unemployment is rising, wages are not increasing and most assets are still correcting downward. This all makes your US$ buy more. It will be interesting to see if gold will test $1000 again.September 18, 2008 at 5:01 PM #272589ParticipantIt is interesting to keep in mind that gold cost around $500 to $600 an ounce to mine. So it’s a place to start for valuation. A decent house is maybe $150 to $200/sq/ft plus the dirt, and cash is priced according to other currencies.
Right now it looks like most tangible assets are priced too high compared to what most people earn, from a historic perpective. If we do in fact experience inflationary pressure, it seems like tangible assets should rise compared to cash. But there are so many other factors. Houses are deflating right now. Gold is inflating and the US$ is rising a little. I’d bet on gold or the US$ for a while. Far more liquid than real estate and trending upward at this time.
Although our fed is doing it’s best to fill the world with dollars, unemployment is rising, wages are not increasing and most assets are still correcting downward. This all makes your US$ buy more. It will be interesting to see if gold will test $1000 again.September 18, 2008 at 5:01 PM #272612ParticipantIt is interesting to keep in mind that gold cost around $500 to $600 an ounce to mine. So it’s a place to start for valuation. A decent house is maybe $150 to $200/sq/ft plus the dirt, and cash is priced according to other currencies.
Right now it looks like most tangible assets are priced too high compared to what most people earn, from a historic perpective. If we do in fact experience inflationary pressure, it seems like tangible assets should rise compared to cash. But there are so many other factors. Houses are deflating right now. Gold is inflating and the US$ is rising a little. I’d bet on gold or the US$ for a while. Far more liquid than real estate and trending upward at this time.
Although our fed is doing it’s best to fill the world with dollars, unemployment is rising, wages are not increasing and most assets are still correcting downward. This all makes your US$ buy more. It will be interesting to see if gold will test $1000 again.September 18, 2008 at 5:07 PM #272304NicMM
ParticipantAre you kidding? Gold is over $900 per ounce today!
September 18, 2008 at 5:07 PM #272545ParticipantAre you kidding? Gold is over $900 per ounce today!
September 18, 2008 at 5:07 PM #272551ParticipantAre you kidding? Gold is over $900 per ounce today!
September 18, 2008 at 5:07 PM #272594ParticipantAre you kidding? Gold is over $900 per ounce today!
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