The biggest short squeeze in the world?, page-4606

The average house price in the city I live in is $1m, where I live it's about $2m dollars. Not many people have $200k+ in the bank for a deposit. If they thought house prices were on the way down, I doubt many would saddle themselves with massive debt just to own one, and currently house prices are on the way down. Where I live it's deserted during the week, both adults work, and I very much doubt it's because they want to.

It was in the local rag the other day that $1m dollar mortgages are very common and lots of people have $2m dollar mortgages.





But getting back to precious metals, gold is on the way down and silver is getting smashed, despite some posts inferring "we're running out".