Comment on BILL BONNER: Sell your house at a profit, buy a cheaper one, and put the rest in gold

BILL BONNER: Sell your house at a profit, buy a cheaper one, and put the rest in gold

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.

 

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