Biggest market crash in HISTORY coming, HUGE debt bubble, danger ahead

wtf? I bought one of those for $10 from the local coin shop - and that was probably overpriced

 

I hesitate to cherry pick a time period but going from start to finish (1880-2010ish) then the chart highlights that gold doesn't hold it's purchasing power. It takes twice the gold to purchase the average house from start to finish. Yes - you could cherry pick a different period but by doing that you are proving that gold does not necessarily hold it's purchasing power long term but over shorter, specific periods.

Then the question becomes "is now one of those specific periods?". Again I would argue (as I did above) that this historical chart shows we are in average territory not "about to lose your shirts and end up on the street" territory.

malachii

 

If you think the chart has merit and will follow past behavior, then yes, everything else aside this is probably not the best time to swap gold for a house in Australia.
To revert and follow previous behavior and for the ratio to drop, either houses prices have to come down, or gold has to go up, or both.

Exact same argument for the Gold/Silver ratio. if you believe it then you'd be swapping your gold for silver now.

 

It seems that the next GFC will be triggered from Europe.

Germany is the strongest economy in Europe, so when it is collapsing, then the domino effect will be big

http://www.bloomberg.com/news/artic...ut-assistance-for-deutsche-bank-focus-reports
http://www.bloomberg.com/news/artic...lumps-to-fresh-record-low-on-capital-concerns



The above mentioned issue combined with the immigrant crisis will be the strong fuel for the big financial collapse again.

And some more big bank in Italy is about to fall as well http://www.bbc.com/news/business-36708357

 

http://forums.silverstackers.com/to...ger-an-immediate-magnitude-10-earthquake.html

 

Yes, I agree with you House

 

I don't think he is agreeing with you masmas.

Everything will continue to be fine....until it isn't. Nobody really gives a f*** about this stuff....until they do.

Only problem is that by then it is too late.

 

That thread is more than five years old and it's discussing imminent financial meltdown.

 

"Slowly at first, then all at once"

 

I'll raise your ambiguous Hemingway quote with an all encompassing Persian Sufi's- "this too shall pass"

 

I like you House.
Not choosing curtains but know you're appreciated.

(p.s. everybody lies! )

 

It will happen after the election, that way they will have someone new to blame

 

Or can blame it on the previous president.