So yes although a house price going up $100k in one month sounds awesome, I don't believe it can be used as a comparison against the price action of a metal that costs a fraction of the price to participate in.==========================
$100k in a month is an awesome increase, and it's unlikely to be repeated, house prices are probably elevated and there's certainly risk there for those that are geared up, I'm not, I don't have any mortgages, rents pay them off..
But those that are geared up are certainly getting an incredibly good return on their investment, and they get to live in it or rent it out, but there's a risk of a downturn.
But that's how people get rich.
Did you ever hear of anyone getting rich stacking gold bars?
- Forums
- Commodities
- GOLD
- gold
gold, page-93489
-
- There are more pages in this discussion • 35,323 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online