Friday, Mar 27, 2015

House prices measured in gold and silver

Moneyweek: Compared to gold, UK property is starting to look expensive

At current prices, it takes 232 ounces of gold to buy the average UK house – up by 60% in the last three years. Which of the two assets will fare better now?

Posted by frizzers @ 12:34 PM (6513 views)
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2 Comments

1. vinrouge said...

Whichever one was/is the bigger bubble.

To the moon blah, blah........

Saturday, March 28, 2015 09:21AM Report Comment
 

2. icarus said...

"UK property is such a rigged market" - and gold isn't (?), apart from the times that the Fed and the big banks on its coat-tail use naked shorts to prevent its rising too high against the dollar. If one market is rigged to go up and the other is rigged to go down then yes, one will look expensive against the other.

frizzers = not Dominic Frisby I hope.

Sunday, March 29, 2015 10:43AM Report Comment
 

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