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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (36233)7/17/2005 10:33:27 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
The way i look at it, if a dilapidated 2 bedroom bungalow in CA can go up from 150K to 500K in a couple of years or if the price of a Manhattan apartment can go up 100% in one year, why can't the price of 1000 ounces of gold go from 400K to 800K ?

I think it will happen, sooner or later.