@Panter4 actually, I think in the opposite way, because silver is also an industrial metal, when the seriously bad time comes, the price will go to sky high cuz you only have limited amount of silver can be bought for hedging inflation. BTW, silver is used in glass, washing machine, even aerospace.
I know that Robert keeps talking about silver as the best investment in these crisis periods. And I agree that precious metals are the best options in inflationary times.
But isn't silver an industrial metal? It's used to produce a lot of things, when the great depression occurs, won't silver lose part of its value? Because the demand lower
@TheWholeHealthCoach I hope it does keep going down. Because rent demand is going to stay high for as long as banks arent willing to lend money, people become un-disenchanted with their lost equity in their last house and those millions of foreclosed on clean up their credit. Food and energy up standard of living down. C-class housing is where to be and in my opinion intrinsic valued equities. Only commodities Im buying are agricultural indexes. PM's have too much attention with no valuation.
@NexusCapital That's a good point- if it's creating positive cashflow, then it may not seem overvalued to you. However, a fair market price for a home is between 100 and 105% of what it can be rented for ($1050 per month mortgage payment, or being able to rent the same house for $1000 per month, for example). This mortgage to rent ratio is still about 125%, thus overvalued. However, if you're cash-flowing your properties, it doesn't matter much to you. But housing still has room to fall.
@TheWholeHealthCoach You might not be completely wrong but just mostly. Cashflow Real Estate is calculated by cap rates... higher the rate the better the deal. Take Operating income divided by price paid. I just bought a single family for 80,000 dollars, rent it for 825 a month, operating income of 8k/80,000 = capitalization rate of 10% unheard of. I buy at 10% cap rates all day long right now. Real estate is by no means overvalued. Silver and Gold have zero utility and no P/E but good luck.
@NexusCapital -um, no, I"m not completely wrong. Real estate is still overvalued. That is calculated by the ratio between renting and buying- see Mike Maloney's vids. Cycle investing is the best way to profit, not arbitrarily going in the opposite direction of where others go. I hope for your sake you've bought some silver lately after selling at 45. You'll be able to buy a LOT more real estate after silver is overvalued and you sell near the top, once the bull market is in stage 3.
@TheWholeHealthCoach No unfotunately you are completely wrong. When the people are fearful be greedy and when the people are greedy be fearful. I must correct you by the authority of logic... ALWAYS go where people are running from. I am investing in real estate right now... because no one wants it. I am investing in financial services equities, because no one wants them. I sold silver at 45 an oz and was in it 2 an oz. When I started buying silver... no one wanted it. Just like no one wants BAC
@SilverInvestorPk -2018, but again, that is meaningless, unless he's right. Go to wealthcyclesdotcom and learn about cyclical investing. Robert commissioned it's owner, Mike Maloney, to write Rich Dad's Guide to Investing in Gold and Silver. If you want a real exit strategy for silver, go to goldsilverdotcom, sign up for the free newsletter, and they'll tell you how to get in on Mike's exit strategy.
@Panter4 actually, I think in the opposite way, because silver is also an industrial metal, when the seriously bad time comes, the price will go to sky high cuz you only have limited amount of silver can be bought for hedging inflation. BTW, silver is used in glass, washing machine, even aerospace.
larisking2009 2 months ago
I know that Robert keeps talking about silver as the best investment in these crisis periods. And I agree that precious metals are the best options in inflationary times.
But isn't silver an industrial metal? It's used to produce a lot of things, when the great depression occurs, won't silver lose part of its value? Because the demand lower
Panter4 4 months ago
@TheWholeHealthCoach I hope it does keep going down. Because rent demand is going to stay high for as long as banks arent willing to lend money, people become un-disenchanted with their lost equity in their last house and those millions of foreclosed on clean up their credit. Food and energy up standard of living down. C-class housing is where to be and in my opinion intrinsic valued equities. Only commodities Im buying are agricultural indexes. PM's have too much attention with no valuation.
NexusCapital 4 months ago
@TheWholeHealthCoach -Guess that doesn't work- it's at Wealth Cycles channel on youtube, entitled Gold vs. Real Estate- Know the Cycle
TheWholeHealthCoach 4 months ago
@TheWholeHealthCoach - Here's a good link, Nexus: youtubeDOTcom/watch?v=ezT8XxICCPo
TheWholeHealthCoach 4 months ago
@NexusCapital That's a good point- if it's creating positive cashflow, then it may not seem overvalued to you. However, a fair market price for a home is between 100 and 105% of what it can be rented for ($1050 per month mortgage payment, or being able to rent the same house for $1000 per month, for example). This mortgage to rent ratio is still about 125%, thus overvalued. However, if you're cash-flowing your properties, it doesn't matter much to you. But housing still has room to fall.
TheWholeHealthCoach 4 months ago
@TheWholeHealthCoach You might not be completely wrong but just mostly. Cashflow Real Estate is calculated by cap rates... higher the rate the better the deal. Take Operating income divided by price paid. I just bought a single family for 80,000 dollars, rent it for 825 a month, operating income of 8k/80,000 = capitalization rate of 10% unheard of. I buy at 10% cap rates all day long right now. Real estate is by no means overvalued. Silver and Gold have zero utility and no P/E but good luck.
NexusCapital 4 months ago
@NexusCapital -um, no, I"m not completely wrong. Real estate is still overvalued. That is calculated by the ratio between renting and buying- see Mike Maloney's vids. Cycle investing is the best way to profit, not arbitrarily going in the opposite direction of where others go. I hope for your sake you've bought some silver lately after selling at 45. You'll be able to buy a LOT more real estate after silver is overvalued and you sell near the top, once the bull market is in stage 3.
TheWholeHealthCoach 4 months ago
@TheWholeHealthCoach No unfotunately you are completely wrong. When the people are fearful be greedy and when the people are greedy be fearful. I must correct you by the authority of logic... ALWAYS go where people are running from. I am investing in real estate right now... because no one wants it. I am investing in financial services equities, because no one wants them. I sold silver at 45 an oz and was in it 2 an oz. When I started buying silver... no one wanted it. Just like no one wants BAC
NexusCapital 4 months ago
@SilverInvestorPk -2018, but again, that is meaningless, unless he's right. Go to wealthcyclesdotcom and learn about cyclical investing. Robert commissioned it's owner, Mike Maloney, to write Rich Dad's Guide to Investing in Gold and Silver. If you want a real exit strategy for silver, go to goldsilverdotcom, sign up for the free newsletter, and they'll tell you how to get in on Mike's exit strategy.
TheWholeHealthCoach 4 months ago