Dillinja,
The spike in property near here is probably due to major works including 2000 houses in one direction and another 2000 houses 5ks in the other, expressways and interchanges. Been a good punt, but the difference between property and gold is that you need shelter, you don't need gold. Property almost worldwide is on a tear, especially in or near big cities, could be the next bubble.
Where do you live?
The clue to buy gold is when all the goldbugs finally throw in the towel, quit their conspiracy theories, forecasts of worldwide economic disaster, debt implosions, global poverty (except for them), manipulation ideology, bleating about the fictitous New World Order and dreams of being the nouveau riche, but that could be decades away.
Apparently China wants to de-Americanize the world, an odd stance given that it's a one-party communist state run by geriatrics, with an appalling human rights record, a history of ethnic cleansing, widespread corruption and pollution that accounts for 470,000 premature deaths every year.
Gold? No thanks.
Add to My Watchlist
What is My Watchlist?