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Thread: Our properties prices are dropping!

  1. #1
    Senior

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    Default Our properties prices are dropping!

    Against gold price in US$ So properties in Singapore are getting cheaper relatively. With almost 0% interest, it's time to load more properties

    Gold price has surged from US$1600+ to US$1820+ in about a month.
    [URL="http://goldprice.org/"]http://goldprice.org/[/URL].

  2. #2
    mutant powerpuff

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    Quote Originally Posted by hyenergix
    Against gold price in US$ So properties in Singapore are getting cheaper relatively. With almost 0% interest, it's time to load more properties

    Gold price has surged from US$1600+ to US$1820+ in about a month.
    [URL="http://goldprice.org/"]http://goldprice.org/[/URL].
    Why do u say properties are getting relatively cheaper?
    Unless you have bought lots of gold at its low?
    So the properties are relatively cheaper to u not to everyone.

  3. #3
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    Quote Originally Posted by hyenergix
    Against gold price in US$ So properties in Singapore are getting cheaper relatively. With almost 0% interest, it's time to load more properties

    Gold price has surged from US$1600+ to US$1820+ in about a month.
    [URL="http://goldprice.org/"]http://goldprice.org/[/URL].
    Wah wah...misleading title. Gold up, means everything DROPING.? My view is gold might still be a better bet compare to equity, however ppty will still be better than gold in long term. In any case ppl needs roof more than gold.

  4. #4
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    Quote Originally Posted by joelx
    Wah wah...misleading title. Gold up, means everything DROPING.? My view is gold might still be a better bet compare to equity, however ppty will still be better than gold in long term. In any case ppl needs roof more than gold.
    Haha. Gold has reached new peak last night. More liquidity flowing into Singapore. MAS today announced tt they will not interfere interest rate. Naturally e money will flow into property. Likely more pp will buy property n hold. We r going to have quantity bubble.

  5. #5
    Go for Smallest Unit

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    Forum will be very quiet today...

  6. #6
    mutant powerpuff

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    Quote Originally Posted by hyenergix
    Haha. Gold has reached new peak last night. More liquidity flowing into Singapore. MAS today announced tt they will not interfere interest rate. Naturally e money will flow into property. Likely more pp will buy property n hold. We r going to have [B]quantity bubble[/B].
    I would like to think the bubble as a helium balloon, flying up and up to the sky. The sky is the limit, however where is the limit?
    It is very interesting to see which direction we are heading.
    Hopefully when we read this forum many years later, we will be smiling as we recount how we reacted to the stiuation, whatever it may be.

  7. #7
    Junior

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    margin will be increased for gold very soon...the same happened to silver when it was approaching US$50

  8. #8
    Newbie

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    Forum will be very busy today

  9. #9
    Junior

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    Quote Originally Posted by Alan Shearer
    Forum will be very busy today


    yes, made busy by people who shorted the market, like me.

    I made at least $5k. in just a few days.

  10. #10
    Exalted

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    Quote Originally Posted by stalingrad
    yes, made busy by people who shorted the market, like me.

    I made at least $5k. in just a few days.
    surprised by the amount u made....shd be 500k rite?

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