one way to look at it, page-12

tom, thats rubbish...
the average loan rate is 6.5 - 7%
listen to the bank rubbish at your peril.. they can borrow at 2% overseas...they have a massive amount of local depositors at their disposal right now...
they borrow short term, in order to make huge profits overnight....whilst lending out at 30 year long term...
how smart are they...
the japanese banks will give them a run, shake them up

read my lunoon's story on the other thread...
the fallacy of selling now, to buy back cheaper, has found most are locked out of the market...

the investor that started the thread, has an inflation beating asset....it is good credit...
if he took your advice and sold, put his money on deposit, he is looking at earning 4-5% interest, pays tax at min of 30-40%, on that earning each year, and then watches the devaluation of his dollar...
it loses its buying power, of at least 10% pa....the true CPI rate...not the fabricated 3% published rate..

he should not sell, the capital costs of selling, then buying again will wipe out any perceived gains in the exercise...
there is no proof of prices falling....no hard evidence...even though some have been screaming the same propagander for over 30 years now....since the 1987 stock market crash..