Frugality is the new norm, affecting Real Estate Investing

“Frugality is the new normal,” says the Associated Press in a new report. A new study suggests that consumers will spend over 14% less – even AFTER the recession is over.”As long as the Federal Reserve and the US government take actions that debase the dollar, the dollar price of gold will rise,” says GoldMoney.com’s James Turk. “Similarly, as long as the Bank of England and the UK government take actions that debase the pound, the Sterling price of silver will rise. It is a certainty, just like night follows day.

I respectfully disagree.  Real Estate will still be the best bet.  Go here for more Real Estate Investing analysis.

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