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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (258178)7/2/2010 4:05:06 PM
From: Skeeter BugRead Replies (1) of 306849
 
GS, i can't argue gold's past performance. i'm not sold on future performance, but many people i *highly* respect are.

i've been wrong before - a lot! -lol-

for now, i'm playing it safe.

paid off the house so they can't steal my wealth easily.

food, water, protection.

with the rest - some will go into hard assets like gold and silver once this current collapse bottoms. i might buy some CEF (gold and silver) to hedge some market shorts from time to time.

i think the safest medium to longer term trade is short CRE and long gold/silver.

naked gold scares me given my view the market is under serious pressure.
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