gold, page-26939

A gross overreaction, like JFI declaring WW3 had begun late last year, there's plenty of Chicken Littles around, look no further than Peter Schiff and Jim Rickards along with all the other gold turkeys. They've been predicting stock market crashes, USD implosions, gold and silver to infinity for years and they've been 100% wrong.

I'm certain there'll be a cooling off, nothing goes up forever, I have 2 houses in trust and a commercial that I own individually, but I'm not the least concerned. I have faith in governments and banks to monitor the situation, if you don't, sell your house, pay off the mortgage and rent.

And rue the day in a few years time. Everyone still needs houses.

In the 1800's there were lots of booms and busts, big ones, and that's why the Federal Reserve was formed in 1913.

In the 1890's there was no central bank and no government-provided deposit guarantees, and when things went pear-shaped there was a run on the banks.

By the way, did you notice that not even a military attack can shake Andy's favourite 'goldie' BBX out its torpor, in fact someone has even lowered their sell price.