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Ragnarok
2013-04-16
  Gold!!  

It`s being absolutely destroyed in the markets right now. :P
Travvivian
99+ day(s) ago
The cycles of revitalization and gentrification are not ones you want to pin your assets nor future to... But I don`t believe that is what backoff is suggesting. You can purchase property of all sorts for far below market value still, leftovers from the housing bust and it`s ensuing foreclosures.
ThEpAkIsTaNiEmPirE
99+ day(s) ago
Well when recession kicks out if the area is still safe its desirable and the value sky rockets again.
Ragnarok
99+ day(s) ago
What`s the point in getting a great deal on a house if the area the house is in is completely destroyed by recession and no longer a desirable to live in? I heard that`s what happened to a lot of places in Michigan.
backoff
99+ day(s) ago
it might juz hit down to USD $1200-1250 region, watch out...yipeeee......really hope recession is coming, then i can buy a house.....Housing prices now is really sky high~~
Apollo
99+ day(s) ago
its a good thing my fortune is in video game gold
Omegian
99+ day(s) ago
All my bitcoins, nooooooooo
Ragnarok
99+ day(s) ago
Yup, it appears the world is up for one more big boom before the final ka-blammy!! :D

All this really sucks for gold and silver miners though. A lot of them will be shutting down operations in the coming months. Start buying puts every time gold stocks manage to rally.
Africa
99+ day(s) ago
Well, the financial crisis didnt end the world as some thought it would so doenst it make sense that it would drop a bit to reflect that in spite of all, there are glimmers of hope for the world economy?

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