GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Thursday, May 26, 2011

Bob Chapman : do not buy any Real Estate

Bob Chapman - Financial Survival (!!!) - 05-25-2011
Bob Chapman : do not own any currencies except what you need to live on , do not own any real estate unless there is some special reason why you have to , do not buy any real estate for a minimum of two and a half to three years and that might be the bottom , the worse than that is that we do not how long before it hits the bottom it could be years 8 years , 20 years who knows and you would be stuck with an illiquid asset you do not want to buy anything today , you are lucky if you do not have a house unless it is fully paid , if you have extra money after you bought dehydrated food, buy gold and silver coins ...

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