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<p>[QUOTE="InfleXion, post: 1339527, member: 29012"]Along the lines of "you can't eat gold" (you can actually, it just won't nourish you - hooray for gold schlager), you cant make a house out of gold either. At least, it's just not very practical. I agree that the real estate market is still shaky and might be heading for a double dip, but it may still be worth weighing whether you'd rather have a pile of gold or a roof over your head. Sometimes a good investment doesn't equate to profitability. I'd like to think buying metals now will position me to pay off my home a lot sooner down the line, but if I had to choose I would definitely choose home. </p><p><br /></p><p>For what it's worth, 16 of the 21 primary dealers for the Fed are forecasting QE3 in 2012, and most of those are anticipating the money flowing into mortgage backed debt which would give the housing market a nice boost. Then again, the contrarian in me says to tread carefully with anything they say, and of course any artificial stimulus only has the effect of compunding the problem and delaying the effects.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1339527, member: 29012"]Along the lines of "you can't eat gold" (you can actually, it just won't nourish you - hooray for gold schlager), you cant make a house out of gold either. At least, it's just not very practical. I agree that the real estate market is still shaky and might be heading for a double dip, but it may still be worth weighing whether you'd rather have a pile of gold or a roof over your head. Sometimes a good investment doesn't equate to profitability. I'd like to think buying metals now will position me to pay off my home a lot sooner down the line, but if I had to choose I would definitely choose home. For what it's worth, 16 of the 21 primary dealers for the Fed are forecasting QE3 in 2012, and most of those are anticipating the money flowing into mortgage backed debt which would give the housing market a nice boost. Then again, the contrarian in me says to tread carefully with anything they say, and of course any artificial stimulus only has the effect of compunding the problem and delaying the effects.[/QUOTE]
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