US Housing priced in gold

[peterb]

It is interesting to note that gold sold-off with the Oct crash, but then came back to test it’s 1000 high and has held within 15% since then. What else has done this? Gold does well when systems and money are under stress. Gold tends to go down in boom times and up when the systems are shaken or stressed. If we experience another liquidity crisis, look for similar action from the Oct crash.
The important thing to keep in mind is the relative strength of gold…i.e..what other assets are doing in relation to it. It’s gaining in relative strength since about 3 weeks ago. This portents trouble in the markets. And will keep producing gold miners very profitable for some time to come.

[Arraya]

The entire fiat system is still insolvent. We’ve piled untenable amounts of debt on all western countries right on the doorstep of the mother of all energy conundrums. Oh, and the whole world is running from the dollar like it has the plague. I think it is justified be a dollar bear. These are the things wars are made off.

[Arraya]

The entire fiat system is still insolvent. We’ve piled untenable amounts of debt on all western countries right on the doorstep of the mother of all energy conundrums. Oh, and the whole world is running from the dollar like it has the plague. I think it is justified be a dollar bear. These are the things wars are made off.

[Arraya]

The entire fiat system is still insolvent. We’ve piled untenable amounts of debt on all western countries right on the doorstep of the mother of all energy conundrums. Oh, and the whole world is running from the dollar like it has the plague. I think it is justified be a dollar bear. These are the things wars are made off.

[Arraya]

The entire fiat system is still insolvent. We’ve piled untenable amounts of debt on all western countries right on the doorstep of the mother of all energy conundrums. Oh, and the whole world is running from the dollar like it has the plague. I think it is justified be a dollar bear. These are the things wars are made off.

[Arraya]

The entire fiat system is still insolvent. We’ve piled untenable amounts of debt on all western countries right on the doorstep of the mother of all energy conundrums. Oh, and the whole world is running from the dollar like it has the plague. I think it is justified be a dollar bear. These are the things wars are made off.

[4plexowner]

“These are the things wars are made of.”

I would state it differently

I would say:

“when the fiat system gets to this point TPTB usually start a world war to distract the population from the collapsing economy and give them somewhere to focus their anger”

[4plexowner]

“These are the things wars are made of.”

I would state it differently

I would say:

“when the fiat system gets to this point TPTB usually start a world war to distract the population from the collapsing economy and give them somewhere to focus their anger”

[4plexowner]

“These are the things wars are made of.”

I would state it differently

I would say:

“when the fiat system gets to this point TPTB usually start a world war to distract the population from the collapsing economy and give them somewhere to focus their anger”

[4plexowner]

“These are the things wars are made of.”

I would state it differently

I would say:

“when the fiat system gets to this point TPTB usually start a world war to distract the population from the collapsing economy and give them somewhere to focus their anger”

[4plexowner]

“These are the things wars are made of.”

I would state it differently

I would say:

“when the fiat system gets to this point TPTB usually start a world war to distract the population from the collapsing economy and give them somewhere to focus their anger”

[peterb]

The senior currency usually is the strongest in times of global stress. For a host of reasons. I would not look for the US$ to be weak in the future. All currencies are now fiat. The US$ should rise in relative strength to all other fiats in the next leg down. It’s an ugly contest. Gold may test its Oct lows, but then return to its high soon thereafter.

[peterb]

The senior currency usually is the strongest in times of global stress. For a host of reasons. I would not look for the US$ to be weak in the future. All currencies are now fiat. The US$ should rise in relative strength to all other fiats in the next leg down. It’s an ugly contest. Gold may test its Oct lows, but then return to its high soon thereafter.

[peterb]

The senior currency usually is the strongest in times of global stress. For a host of reasons. I would not look for the US$ to be weak in the future. All currencies are now fiat. The US$ should rise in relative strength to all other fiats in the next leg down. It’s an ugly contest. Gold may test its Oct lows, but then return to its high soon thereafter.

[peterb]

The senior currency usually is the strongest in times of global stress. For a host of reasons. I would not look for the US$ to be weak in the future. All currencies are now fiat. The US$ should rise in relative strength to all other fiats in the next leg down. It’s an ugly contest. Gold may test its Oct lows, but then return to its high soon thereafter.

[Author]

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