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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (304053)2/5/2011 12:42:38 PM
From: ValueproRead Replies (2) | Respond to of 306849
 
"I get the impression on the perma bear threads most don't like much of anything but gold. At this point it is the peak of hypocrisy as that is just another asset bubble in something of no value to society now and zero value for future generations."

You know, it is quite possible to have both a raging market and increasing gold prices. That's what I'm looking for. And, I wonder how you can think gold can be in a bubble when the dollar is falling? There is, after all, a natural relationship. Are you suggesting long term firming in the value of the dollar? That would certainly set you apart from the crowd, no?

And, if you are relying on Soros having said gold is the ultimate bubble, I think what he meant was, gold will prove to be the ultimate bubble and you'd better get it while you can, like he has. Note that he is not in the business of honestly broadcasting his expectations and strategies.

By the way, if you don't mind, what might be your basis for saying that gold " is something of no value to society now and zero value for future generations." That's what banksters want people to believe, but it goes against 5,000 years of human history, and across all advanced cultures in that time. Moreover, value in anything has to be compared to something. What would you use as a world or national standard of comparative value, Campbells' Soup, maybe?

Thanks.

VP in AZ