YouTube/The Secret World of GoldAnother indecisive week in the markets… China did not blow up. Energy company debt did not melt down. And investors did not panic in the face of a slowing world economy, falling corporate earnings, and central bank absurdities. But nothing fails like success. Throw a lot of money at any market, and you are asking for trouble. Today, readers are urged to check their real estate holdings. Tide of Money Last year, more than one-third of the houses sold in Vancouver went to Chinese buyers. All over Canada, the story was similar… though not as extreme.
Bill Bonner: Sell Your House At A Profit, Buy A Cheaper One, And Put The Rest In Gold
wbonner@bonnerandpartners.com (Bill Bonner), Business Insider
Tue, 03/29/2016 - 3:04pm
Topics: goldanother china today tide money chinese canada housing as nobel prize robert shiller irrational exuberance as shiller super luxury real top manhattan ldquo;super-luxury&rdquo new york bargain bomb silicon valley internet palo alto mail londoners hyde park russian sell watch youtube/the secret world in the gold london york or a house buy cheaper put prices market apartment time square sold foot property million ndash estate readers people years excess sex don’t lot home markets apartments takes markets&hellip rise stock slow
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