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Realtors' Forecast Bucks Common Wisdom
AP Business ^ | Monday December 10, 10:42 am ET | Alan Zibel,

Posted on 12/10/2007 7:58:15 AM PST by BenLurkin

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To: KarlInOhio

Only reason I didn’t buy gold since the price peaks of 1980 was that despite gold/silver prices falling for 20 years after that peak, the same folks who were urging everyone to buy, buy, buy at the peak, continued to urge buy, buy, buy as the metals fell and fell.

Talk about a monomessage.

Eventually, I just tuned them out.

Would have bought at the lows a few years back otherwise.


21 posted on 12/10/2007 7:18:14 PM PST by OldArmy52 (Bush's Legacy: 100 million new Dem voters in next 20 yrs via the 2007 Amnesty Act.)
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To: OldArmy52
Now probably isn’t as good a time to buy gold as when it was $400- an ounce but who can tell the future?

One thing about housing though — you can live in your house no matter what becomes of its price.

22 posted on 12/10/2007 8:05:01 PM PST by BenLurkin
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