The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Cage Rattler who wrote (31059)	10/19/2010 11:11:58 AM
From: Horgad	Read Replies (2) of 71463

Ironic, I just opened my 2010 property tax assessment and my house just amazingly went up 30% in value to a price that is probably 35% over what I could "theoretically" sell it for in today’s market. And I say theoretically because that does not even include having to compete with all the nearby foreclosure properties and their even lower prices. "Sigh", filling out the appeal papers now. I guess there is no such thing as a housing crisis in the alternate dimension where assessors reside. But that doesn't change my opinion that there will be a time and place where you should be exchanging PMs for another preferably hard asset (producing real estate for example). Gold and silver like anything else WILL eventually become over valued and those that hold it must remain vigilant for that time or pay the consequences.

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