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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: flashforward2009 who wrote (108644)	4/14/2018 4:19:29 PM
From: RetiredNow	Respond to of 116894

Yes, we do have pockets of stagflation already. I agree. It's been awhile since I've invested in gold, but with the absolute profligacy of the US Congress and the amazing slide in the USD, and the coming giant deficits from Entitlement growth and tax cutting, I'm inclined to think that inflation is really going to take hold in a big way. At the same time, Fed interest rate increases and QT will put the brakes on the economy and the bull market. So where do you hide and have a chance for a return? Cash, TIPs, and gold. Maybe REITs, Utilities, and 5-10 yr Treasuries, if you want to take some more risk. Those are my thoughts.

To: flashforward2009 who wrote (108644)	4/15/2018 1:34:02 PM
From: Rarebird	Read Replies (1) \| Respond to of 116894

Rents have begun to skyrocket here in Clarke County, Nevada, over the past few weeks. We sold our homes on 6/22/2017 and moved out to Henderson, NV. We signed a one year lease for $ 850 per month. Last I checked rent was now $975 a month. up $50 over the past couple of days. Although we are locked in at $850 per month till 7/5/2018, not including a $30 water fee per month and $30 cable fee (for basically all channels with COX), I am closely monitoring the rent situation here and we have been actively looking for other places. Clarke County, Nevada, represents 68% of the population of Nevada last year and it is probably higher now due to explosion of people moving here. My observations: It has been one of the best decisions I ever made coming out here. There are always pros and cons to every move, but the pros have greatly outweighed the cons. Pros: 1. Financially speaking, I am saving at least 25K a year from moving out here. Property taxes and cost of living have skyrocketed in NYC. Everything is dramatically lower here and that includes my car insurance, dental insurance and cost of food and groceries. Utility bills are dramatically lower. During the summer, I am paying $115 and the other 9 months of the year $60 a month. In NYC, I was paying well over $700 per month during the winter for heat. My average utility bill was about $375 per month. 2. Weather is extremely pleasant. There are no winters here. Average temperature during the winter season is upper 50s to low 60s. The extremely low humidity makes the 110 summer temperatures much more bearable than the 90 degree humid NYC temps. There are no hurricanes and it rarely, if ever snows. Rain is a rare occurrence in the desert. 3. This is an extremely scenic area with tons of parks and trails to hike, bike ride, skate board, jog or just walk. 4. The people here are extremely mellow and do not argue. Moreover, most are very kind. It is rare that any driver honks another driver. 5. Nevada has turned wildly progressive due to the influx of people from California, Chicago and New York. 6. Nevada is a tax free state. 7. There are no meters to park. no bridges to pay tolls, Negatives: 1. Most of the people are mindless. They accept life for what it is and do not employ critical thinking. The exception are many Mexicans. 2. It has been hard finding cheaper deals in real estate rent land. That is because most, if not all the management companies follow one another in terms of fees and policies. Conclusion: All in all, we are very happy here. We took a big risk and so far it has paid off. We have much less tension and stress in our lives. We were owners of our homes for well over 30 years and there was a certain amount of tension in terms of repairs and trying to find good help. We no longer have that stress. Plus, we do not encounter or sit in NYC traffic anymore.