Residential
Real
Estate
To
Gold
Ratio
Due to massive chronic Federal budget deficits along with their
handmaiden the Federal Reserve money printing a portion of those unbalanced
budgets markets of all types are either over or under shooting massively (my
favorite word) their respective means.
It appears to me – chief cook and bottle washer for this blog –
residential real estate is going to take a smash (over priced homes) along with
gold rising in price. Once this real
estate washout occurs; – (if I’m correct) – will only require 50 ounces of gold
(possibly less) to purchase the average priced house.
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