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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