Gold is yet to prove itself
I have been looking at buying investment properties lately..
Not that I have been interested as I sold out of rentals years ago...
But my wife has heaps of cash and she has been at me
To buy a rental property becuase of the high rent.
But I have thought for a long time a crash in house prices was coming.
If pridictions of 60% of the population getting the virus come true.
I expect house prices will plummet....
The building industry had already been on the skids
since well before xmas....I can see unemployment rising to over 10%
many default loans...so the banks will be in damage control.
Best to be in cash at this point....
Cheers
Gold is yet to prove itself I have been looking at buying...
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Last
63.3¢ |
Change
0.033(5.42%) |
Mkt cap ! $1.314B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 63.5¢ | 61.0¢ | $5.034M | 8.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 356260 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 527333 | 36 |
View Market Depth
| Last trade - 13.38pm 08/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |