I say it doubles every 10 years....rather than 7, as a rule how much further back would you like to go.... history is a good indicator....in that conservative market.
I still say,,,almost a mantra now...it is the devaluation of the dollar... and the world keeps printing money that does not exist, I mean it is not balanced by good assets...but by bad debt.. most of the debt has been caused by govnuts...rather than individuals if it was good debt, it would have been spent on new roads and infrastructure, and then sold off to the macquarie banks of the world at a huge profit.. or ran like the macquarie banks, and made the users pay for the privilidge the other problem is, getting the kids out of the high priced inner city, into affordable suburbs.. just like this supposedly new age crap, about everyone shopping on the internet... I tried it for the first time 3 weeks ago....the so and so's took another $150 dollars by fraud....and its been a long slug trying to get it back....at least mastercard will have a go...not sure how the others get on, if they dont use a credit card...but apparently there is a huge increase in credit card fraud over the net... so gerry harvey's whinging might have sent more people into that shark infested water...
