The point is gents that none of use have ever seen what we are seeing unfold now. Debt levels are higher than what they were during the Great Depression and interest rates as well a inflation is rising...
Property or shares are still not that safe. GOLD seems the only alternative until this mess gets sorted out...
If you bought gold last year you are already at least 20-30% up...
And it looks like it will only get higher since the financials are all being slaughtered.. The day of reckoning for the banks has come. The days of easy money are gone, we still have another 2-3 years of this.
Fatprophets reommends to avoid banks and property for the next 5 years till this whole mess gets sorted out.
Hold on to your cash people or buy gold or good gold stocks.
Best of luck to all!!!
real estate to hot up on stock market depressd, page-13
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