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  1. MichaelW

    Gold vs Property

    They're not worried about Greece per se. They're just the canary in the coalmine. Europe can absorb Greeces losses and defaults but its the rest of the PIGS they're worried about. Collectively its a completely different matter so the world is looking at Greece and how well they deal with...
  2. MichaelW

    Gold vs Property

    More related coverage today: The Greek pain spreads Cheers, Michael
  3. MichaelW

    Gold vs Property

    Amongst others... For those new to this way of thinking, here's the argument distilled down to its raw ingredients in a very consumable package: http://matterhornassetmanagement.com/2010/02/11/sovereign-alchemy-will-fail/ Just having assets demoninated in AUD like local real estate...
  4. MichaelW

    Gold vs Property

    Keith, I agree. Any asset will do well in hyperinflation and I've posted many times in the past that I like property and debt in a high inflation environment. I like gold as a solid hedge given the potential for it to take off in the medium term. But I've still got perspective. I have $4M...
  5. MichaelW

    Gold vs Property

    All Fiat currencies eventually die. I don't know when the current Fiats will fall to history, but they will eventually. Current actions by their keepers, the Reserve banks, suggest we're in the final stages of this current Fiat currency experiment. Already some nations are positioning...
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