U.K. House Prices Drop to 40-Year Lows.

#gold #money #property #realestate

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Video Chapters:

00:00 Introduction
01:13 Bank of America says gold is the "last safe haven" after Treasurys
07:38 A look at the Nationwide Average UK house price versus gold ratio
11:38 What I think will happen to the ratio
12:58 UK house prices and gold prices since 1952
14:07 How the present foreign exchange rates are derived from gold
17:47 The UK's dual monetary system
20:15 Market update

[mrmike]

You have summed it up very well. I inherited a property in 2020 which I sold for £190k. I bravely ( so I thought at the time) bought Gold and Silver which has a current valuation of £290k. "So there you go!"

[robthomas]

😅Prescription glasses up 30%, home insurance up 21.5%, car insurance up 44.5% . Inflation 1.7% ? What a lie ! Keep up the good work Mario . Rob Thomas .

[gmc]

When all else fails they take you to war (Gerald Celente).

[Gazza-hirr]

Waiting for Silver to do a little dance for us

[dawn-FL]

Great video. And Rudy, he is just so hilarious to watch sometimes. This pose is a winner! Buying more metals today!

[ManagedDecline-in]

As a zoomer I started listening to you in 2021, you said killer inflation and currency devaluation was to come with the scam cough. I bought when oz were roughly £1300. A very nice return in the last 3 years thanks to your arguments Mario.

[Robert-fxng]

Wages are at 80 year lows in terms of gold.

[peterrichards]

Fiat is screwed...for those of us who have dutifully accumulated precious metals for years, this truly is our time to shine.

[foxmoongaze]

My parents house cost 143 ounces of gold in 1974, today it would cost about 390 ounces - so from their point of view gold needs to be about £6000 an ounce today.

[JamesKjones-nr]

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

[haroldicks]

Morning Mario, going to pick up 2 more ounces today in NYC, will take whatever bullion they have. Trying to get rid of my Fiat ASAP. Every 2-3 weeks I do this. The price is ATH but it is going much, much higher!! My dealer is high end on Park Ave., and he is running very low on AU Bullion. Bought my 1st Benjamin Franklin .9999 OZ in 1980 (ATH) back then and have been a stacker ever since.

[Boyeaton]

No way will Gold only hit $3000 by the end of 2025. I think it's still possible to hit 3k by the end of this year

[philipjones]

Morning Mario and Rudy. Over £2700 at the moment. Regards from Chester.

[WTU]

Au is looking good at £2, 080.45 right now.

[Frankjacob]

fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[peterbrunsgaard]

Good morning Mario, Rudy, and everyone! ☕️🍳🥓☀️

[ronaldchew]

Gold is the ultimate safe heaven ! Thank you

[towncenter]

You can only continuously spend more then you make for so long running deficits. The end outcome is always the same default.

[valerieprice]

Gold just hit $2, 704.xx this morning.

[GabrielChaffman]

I’m closing in on my retirement and I’d like to move from Stockport to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?