What He Said:“When property prices start coming down in North America, it won’t be a pretty sight, because consumers are too leveraged. When consumers have over-borrowed so much that they have no more room in their credit lines to borrow more, when institutions start to get tight on lending, demand for housing will decline and so will prices. It’s only a matter of logic, reality and time.” Michael Lombardi in PROFIT CONFIDENTIAL, June 23, 2005. Michael started warning about the crisis coming in the U.S. real estate market right at the peak of the boomPsychology Articles, now widely believed to be 2005.
How to Invest in Gold Coins – Avoiding the Mistakes of the New Investor Gold is not only the traditional hedge against inflation
wow items and the devaluation of currencies, but over the last decade it has proven to be a sound and growing investment. But purchasing gold isn’t about buying institutional bullion bricks. Gold coins are the most transferrable vehicle for investing in gold. This article explains some of the ins and outs of investing in gold coins.The Dow is hitting pre-crash highs, companies are reporting positive earnings, and the financial media is saying that we are looking at what could be the beginning of a new bull market. Sounds great, doesn’t it?
Well, according to some experts, there is overwhelming evidence that the next stock market crash could strike any day now and its scale could be historic. That sounds dire. What is needed is some kind of wealth insurance but what would that be?And it’s not just the stock market: If you’re concerned with sovereign risk, such as the collapse of the U.S. dollar, runaway inflations, or another disruption of the world’s financial system, gold is also your go-to. Experts agree that diversification is your best portfolio protection. But gold is more than a hedge against financial instability, gold has also experienced impressive growth. While it’s true that gold has taken a price break in 2013, in the previous 12 years gold prices rose steadily. No other commodity, in the history in the U.S., has ever gone up for 12 consecutive years. Gold’s price is already showing signs of another boom in 2014.