GOLD 0.51% $1,391.7 gold futures

Yeah thats great, you can stay just stop posting about the...

  1. 3,408 Posts.
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    Yeah thats great, you can stay just stop posting about the scammers and spruikers and hawkers! It was getting old years ago.

    Yes I remember, it dropped 50%. Have we never seen a crash in property? And what makes property so much worse is the holding costs and the high leverage ratios. There are very few positively geared properties in Australia. Once property crashes it can take down an economy. If gold crashes just hold a few years at minimal cost (only if in storage) and bobs your uncle, back to normal. Remember very few people can pick the top or bottom, and gold wasn't there for long.
 
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