E-Mail 'Get ready for the turning of the tide.' To A Friend

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Published: October 27, 2011Posted in: Real Estate Investing, Real estate marketTags: investment, property, real estate

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1. Colin B.

   Posted October 28, 2011 at 4:16 PM

   Welcome back! Where have you been?

   Yes, we are living in interesting times, and not many people know where all this is going to end. Does anyone?

   I agree with you regarding waiting it out for now. The next boom is not going to be in the next couple of days. There is to much bad credit to sort out of the system first.

   I have seen commentators on the internet and Bloomberg, that the saferst bet now is Gold, even if it is high now. The reason is… inflation. Zim type hyerinflation. USA, UK, Japan are all printing money like mad the last couple of years. And it will not stop. It will increase. They are trying to spur the worlds economies by spending more money that they don’t have. And they need to pay the interest on their debt, that they don’t have. They need to keep the people happy to stay in power, so they don’t allow bankruptcy. So where is the money coming from? The presses!

   I think the best time to buy property will be after the Gold has peaked after hyperinflation and reset of world markets. So make your money in gold, sell at the right time and buy property for pennies.

   Good luck!