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  1. S

    Gold vs Property

    You're unlikely to find what you want. It's not that easy.
  2. S

    Gold vs Property

    It's a boootifull chart, isn't it? Sorry about the boast, but no one I know could give a rat's so I just had to post it somewhere. :D There is enough in it to buy a Florida condo and that's an interesting thought.
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    Gold vs Property

    Do they? And why is the ability to borrow so highly rated? Emotion doesn't effect the price of solid, profitable shares as it does property, surely? I guess I'm old, but I prefer profit to debt. :D
  4. S

    Gold vs Property

    Boz. Would love to find a few more of these: My entry was $1.50. I have just sat on them since. I hope this will show. It is from Stockhouse and I don't know if it will load for "visitors".
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    Gold vs Property

    I've given up correcting this sort of rubbish long ago.
  6. S

    Gold vs Property

    Of the top five gold stocks o/night (according to Kitco) I have three of them. :) Company Symbol Time(EST) Price Change $ Change % Exeter Resource Corporation XRC.TO 15:59 8.95 CAD +0.53 +6.29% Lihir Gold Ltd. NASDAQGS:LIHR 16:10 10.58 CAD +0.50 +4.96% Coeur D Alene Mines Corp...
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    Gold vs Property

    I've worked out how to explain the concept that says that loans don't "inflate away". These are concept figures, I'm not talking pennies in the dollar. Today, if you borrow 100% of the ticket price of a property you would repay, interest only, 7% pa. 3% would be to recompense the lender...
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    Gold vs Property

    Covering the cost of the debt is not "making money on OPM". I deliberately didn't mention tax because it is a personal thing and hard to discuss on a public forum, but I'm a simple tradesman who has never had a tax "problem". The only thing that worried me was that I didn't pay enough. :) The...
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    Gold vs Property

    I am yet to be convinced that inflation is anyone's friend 'cept the guvmint's. They issue the new money and get 100 cents in the dollar return when they spend it but as it sloshes around it slowly devalues. Eventually a saver/investor/retiree is ripped off. And how would you youngsters like...
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    Gold vs Property

    I'm unsure who Press Dispensary is, maybe a wire service, but this is the start of a release from them: PRESS DISPENSARY - Thursday, Feb 25, 2010 - The UK Pound is on the brink of a collapse which will herald a downturn worse than 2008/9, it could well happen within weeks and the British...
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    Gold vs Property

    The Financial Sense guys call this competitive devaluation. We were expanding our money supply (M3) at about 20% pa before the GFC so we are involved here too. Generally though, our A$ will remain strong and it looks as if we are about to have a wages break-out (at least in the resource...
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    Gold vs Property

    You're on the right track Michael but there is no need to limit yourself to Au. Silver is currently at an Au/Ag ratio of near 70. If/when precious metals become recognised as "good" money that ratio will drop to <20 so there is three times the upside. Resources generally will do well and...
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    Gold vs Property

    How so? Is this just another unsupported platitude? The "usual" recommendation here is for interest only finance. If you are not repaying principal how/when does the property become income producing? Oh! Inflation will do it! @ 3% CPI it will take a long time (remember "in the long run we...
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    Gold vs Property

    But nor is -ve geared property. You actually have to pay up every month. You are not about to suggest that the next noob posting here will be advised to save up enough deposit to make his investment CF +ve are you? I have more dollars in property than precious metals but I am selling property...
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    Gold vs Property

    You would find that the primary use of gold is still to backstop currency. Keynes famously called it a "relic" but it has not yet been consigned to the dustbin. When the IMF announced that it was going to sell 400 T of Au. India bought half before it hit the market. Gold is money.
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