"Oh dear , all looking a bit stupid now aren't you. Overnight the unemployment rate in the USA went below 8 percent , gold retraced and may continue to do so, so much for hitting 1800 , likely to go lower thanks to less need forQE in the US. Gold shares will follow suit, you are right there is more one way to get skinned."
One can infer from this comment that you have done well over the years in property, but you have no real clue about the mechanics of the gold market or the overall reasons QE is in place.
The risk we run of making such unqualified comments is that others can detect areas of poor financial knowledge.
Passive 1 also commented
"Overnight property did not drop, rates of deposit did and here we go to real estate. The great unwashed and uneducated baby boomers will dictate to you how and where it will happen and look forward to being further disenfranchised. Maybe instead of posting garbage, in a synchronised fashion on this site, you all need to get a second job to get in on the bottom of the property ladder in an asset that is quite evidently safe as houses."
You sound quite keen for people to really do it tough, get 2 jobs so that people can pay top dollar for property that in your opinion is trending eternally upward. Also a bit of anger in there.
Maybe you can chill out and sip cocktails with the money that your rent slaves send you every week.
I personally think that wanting people to work 2 jobs to buy reasonable housing does the society we live in damage.
Anyone with a family that has 1 or 2 parents over working and leaving them time poor for their family is a bad thing.
Socitey pays a price in the end, and we are all a part of that society.
