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    Iron Ore in free fall - Perth property next!

    Ah this time it is different. I think I have heard that before. As John Maynard Keynes said, in the long run we are all dead. I am a klutz with computers. Hit us with some inflation adjusted graphs for gold, natural gas and iron ore going back 40 years and you will clearly see how...
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    Iron Ore in free fall - Perth property next!

    Lots of people who rode gold back in 1979-1980, when it was at its peak and when the world was suffering from stagflation, would beg to differ. I respectfully submit that you take a look at the saw-tooth shaped chart of gold from back then. It took decades for the gold price to recover from its...
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    Iron Ore in free fall - Perth property next!

    And what else does WA have? - Natural gas. Spot prices in the USA have crashed and Woodside's locked-in customers are irate. - Gold. Trading near all time highs despite minimal signs of inflation - Iron Ore. Maybe someone can post a chart of real Iron Ore prices so we can get a picture of...
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    Iron Ore in free fall - Perth property next!

    Most people on this BB expect property to double, like clockwork, every 7-10 years. With Perth's median currently at around half a million dollars, there are way too many overly-optimistic people who THINK their IPs are going to top $1m in a decade. Yes, there are cautious profits to be...
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    Iron Ore in free fall - Perth property next!

    Its not just iron ore. It's natural gas as well. Think of how many jobs at Woodside are on the line when that company's customers realize they are being overcharged for natural gas -a very cheap commodity these days. Property may not collapse. But the talk of Perth's median price exceeding $1...
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