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Ugly chart of the day: When priced in gold, the median price of a single-family home is down...

Ugly chart of the day: When priced in gold, the median price of a single-family home is down more than 80% from its 2001 peak, to a level last seen in 1980.
Comments (2)
  • Rob Viglione
    , contributor
    Comments (331) | Send Message
     
    Any takers on what a decent equilibrium point would be for housing:gold ratio?
    10 Jun 2011, 09:57 PM Reply Like
  • stocknerd
    , contributor
    Comments (1315) | Send Message
     
    gold is way over priced and fueled by Asian buyers--beware. Housing is in a death spiral and who knows how far it will fall. Maybe 2012 it might pull up.
    11 Jun 2011, 11:30 AM Reply Like
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