You just proved my view :-)

来源: 2010-09-16 09:35:44 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

That is, even in gold's term, housing price right now is (almost) back to its 100-year low.

Yes, we agreed on gold. But there are two things about gold one needs to keep in mind:

1. gold has not income stream.

2. gold, when it deflates, it deflates really fast, so one needs to keep a keen eye on it.