Watch them devalue the gold derivative they created - ETFs - and try to point to that as a folly of going to the gold standard.

I have since bought a bunch of gold and silver that I will sell when people finally realize the money in their wallets is only worth half of what they think it is.

It reminds me of that book, "Acres of Diamond or "The richest man in Babylon" where some guy sold his house to search the whol world for Gold, only to discover that the house he sold contained the Gold he was seeking.

Gold is down 20%, Dollar remains flat at an index of 80 - 81.

A very successful investor said that the way to get rich in real estate is to by 7 properties, and treat your tenants like gold.

My father owned tourism based businesses, and liquidated a few years ago, his contacts got him onto a group who buy property management rights, they offered him a buy in to the next property, a resort on the Gold Coast (one of the most popular tourist destinations in Australia), this investment (which was thoroughly looked over by his accountant and lawyer) over the past 3 years has been netting him on average 18% per year, passively.

I CAN UNDERSTAND IF SOMEONE HIT A POT OF GOLD AND PICKS A PROPERTY ONE TIME AT CLOSE TO 50% BUT CLAIMING YOU ARE CONSTANTLY PICKING UP 50% IS FULL OF BALONEY, TELL IT TO A NEWBIE MUCH LIKE THESE GURUS DO.LETS MAKE A BET, SEND ME ONE OF YOUR 50 CENT DEALS AND LET ME RUN MY APPRAISAL ANALYSIS AND WILL BOTH REPORT TO EVERYONE ON THIS BOARD SO THAT THEY WILL KNOW IF YOUR 50% REO PURCHASE CLAIM IS VALID OR NOT.

The idea was to accommodate the rapid increase of financial district workers in the growing crop of skyscrapers downtown.The blocky tower was to have a white brick top with a gold cap, illuminated at night.

I saw a gold mine, but I was reading it the wrong way.

This is gold REI long term normally.