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<p>[QUOTE="lucyray, post: 1241013, member: 24565"]Just a thought here..those renters who 'soon realize they can purchase the same house for the same mortgage payment..' often are folks who for some reason or other have chosen to rent instead of purchase, many times because they can't "afford" to purchase...and I am not so sure that mortgages are all that easy to come by for folks in that position, otherwise they WOULD have purchased.</p><p><br /></p><p>In the time of an 'emergency' as you have written, there will ALWAYS be someone who can afford to buy gold and/or silver. ALWAYS. Most who hold gold and/or silver do not do so exclusively; one can assume there are other assets in the mix.</p><p><br /></p><p>A person buying gold and/or silver does not do so with hopes of the value of the dollar going down. I did not sense that the OP was cheering a falling dollar, but rather rising gold, so the remarks made hence seem harsh and judgmental to me. </p><p><br /></p><p>OP, if one is holding gold today, then yes, that person (you) could call it a good day! An investment rising is always a good feeling. </p><p><br /></p><p>Lucy[/QUOTE]</p><p><br /></p>
[QUOTE="lucyray, post: 1241013, member: 24565"]Just a thought here..those renters who 'soon realize they can purchase the same house for the same mortgage payment..' often are folks who for some reason or other have chosen to rent instead of purchase, many times because they can't "afford" to purchase...and I am not so sure that mortgages are all that easy to come by for folks in that position, otherwise they WOULD have purchased. In the time of an 'emergency' as you have written, there will ALWAYS be someone who can afford to buy gold and/or silver. ALWAYS. Most who hold gold and/or silver do not do so exclusively; one can assume there are other assets in the mix. A person buying gold and/or silver does not do so with hopes of the value of the dollar going down. I did not sense that the OP was cheering a falling dollar, but rather rising gold, so the remarks made hence seem harsh and judgmental to me. OP, if one is holding gold today, then yes, that person (you) could call it a good day! An investment rising is always a good feeling. Lucy[/QUOTE]
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