us economist predicts oz housing to fall 60%, page-37

  1. 6,746 Posts.
    Some call the markets a casino

    I look at the markets as simple musical chairs

    The chair missing is the perceived value to be depleted, destroyed, downgraded by those wishing to buy

    Us switching our investments from real estate to shares to bonds to gold to derivatives to currency is just switching to different musical chairs

    The driver will always be the fastest computer bots, systematically controlling which and when the music stops and it gets to decide the losing investment product which they buy cheap then begin the music again

    The only way the bot might possibly lose control is when we sit tight and not sell... that takes lots of faith and guts... which is why the bots are biased to most always win

    And very easy to win just by reducing and enlarging paper value, because in the end nearly all investment is mostly paper value investment... except one, Real Estate.

    Gold can go up and down but will probably never go down to the value of worthless paper

    No matter what dollar value others may claim real estate is worth, in the end it is ultimately limited in quantity... If you own it you can grow food on it and you can build and live on it in a depression

    Try doing that on a pile of investment wallpaper or todays electronic digits

    Which to my mind a question, what motive really of some (economists and others) who feel the need to spend such a great deal of time in an attempt to destroy this perceived dollar value of real estate?

    Is it because they can never destroy the Real Estate itself as they can so easily with the perceived value of all our paper investment?

    Ultimately the banks which are responsible for having printed the massive quantity of dollars have to turn as much of that into real estate and gold for when the music stops

    The ultimate winner will be those holding real estate

    My opinions
    G48
 
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