gold, page-1863

Yes I saw the GFC coming all right, actually I didn't sell my US mutual funds, I continued buying right the way through. The run-up to the GFC was like 1987, economies booming and everyone looking for yield, scammed into CDO's and companies that made nothing. A bit like gold.

I timed the GFC pretty perfectly, in 1987 I was 10 months early the mania was so intense.

I have stated quite clearly many times that property prices won't go exponential, it will end, but not with a crash, the demand is too great, not just here either. Long term property is the way to go with gentrification happening in many cities worldwide. Currently where I live the demand is in regional centres just outside the major cities.

Why are Aussie companies advertising in the kiwi papers for truck drivers, builders and other construction related skills?

Yes you can supercharge your assets with debt, but there may be consequences if you get it wrong. I've already posted on bank loan ratios, there's nothing new there.