Aug
15
15
The Next Dubai? – Real Estate & Property Bubble, Mike Maloney of Gold and Silver Inc
Posted under REAL ESTATE by admin
http://www.goldsilverdvd.com On our last day in Singapore we checked out the Singapore Flyer…the world’s largest ferris wheel. The view was mindblowing and Mike had a great time counting the construction cranes. Just amazing, there are buildings going up as far as the eye can see. Is Singapore the next Dubai?
Some interesting thoughts in here from Mike, how do you feel about what he has to say?
Music can be found at http://www.aaronsaxon.com please check his stuff out it’s great. Peace, Dan
Duration : 0:6:24
Just because the …
Just because the American bubble burst doesnt mean others will. Asian country’s save and reserve a lot, so this is not a very good analysis here
I’d like to ask …
I’d like to ask Mike where the weakness(es) are in this investment strategy. What are the risks financially of going all-in silver? Is it a strategy without risk?
regardless of what …
regardless of what every one thinks about Singapore, all countries will eventually collapse and the “big meanies” who did it will come in and buy everything and own us. We will be mere slaves to their world dictator they instal to rule the world, that is if we go along with everything and act like sheep. If we use our minds and actually do something, we will make it a lot harder for them to finalize their plans.
@capncrunch93able …
@capncrunch93able Thanks for the comment. The website you mentioned is a great read and recommended to all who read this!
Australia is in a …
Australia is in a housing boom. whocrashedtheeconomydotcom has all the charts you should need on that and the likelihood of it crashing. Mortgages are the main thing on Australia’s banks books. Kiyosaki has said in some of his books that once you see the cranes the building boom is at the top of the market. They are like birds of prey.
I live in Melbourne …
I live in Melbourne Australia,and the property prices just keep going up and up and up!
@whygoldandsilver I …
@whygoldandsilver I live in Canada, and experts are predicting housing prices will rise for next two years. Lot of my friends are purchasing houses right now, kinda worried for them. However in the news, they are saying Canadian economy is really strong.
Has the property …
Has the property bubble in your are burst yet? Please leave your comments below…
@silverguru Thanks …
@silverguru Thanks for your time in LA David, more to come on the tube real soon!
ahahhaa most …
ahahhaa most ridiculous, condescending presentation ever. “bringing financial literacy to these regions”? you’re a funny man.
His sneer only …
His sneer only shows his ignorance. Singapore property price may be soft in the coming months but bubble burst…… LMFAO. Singapore has budget surplus almost every year. It is no brainer that commodity/ precious metal/gold price is rising. We dont need financial education in such simple no brainer analysis.
This guy is talking …
This guy is talking rubbish. Singapore has been that busy even before Dubai started their construction boom. Dubai cannot finance their project anymore because oil price and USD drop. Singapore is still that busy after Dubai collasped. They do not call Singapore as 1 of the 4 tiger for nothing. Please dont compare Singapore with Dubai, Australia or your desert LV.
the debt to GDP …
the debt to GDP should not be taken as face value like other countries. Singapore external trade is 3.5X GDP., largest globally. The loans made by all banks in Singapore is below the deposits taken over the last 40 years. Excess deposits are placed in government bonds to form a SGD yield curve which was lacking in the capital markets. CIA cant figure this out, that’s why its the best job in the world, You dont have to be right and still get paid with printed money
Mike– Thanks you …
Mike– Thanks you stayed in Singapore longer than I.. Needed to get to Mines and Money show as you know. Right with you, as we discussed they (Singapore) is inside the bubble and most don’t see it.
Thanks for all you do!
David Morgan
@learn2rock If that …
@learn2rock If that report is anything to go by, this would mean the US does not need to worry either. They are listed at #2 in that report. Ahem.
Take a look at the …
Take a look at the latest Competitive Report 09-10 for Singapore by World Economic Forum. Google “WEF Singapore competitive report”
Maybe Singapore do not have to worry about its public debt after all.
@whygoldandsilver …
@whygoldandsilver Oh I agree it will happen and I know what Sept 2011 has in store for us re Option Arm Resets, I was just saying technically it hasn’t really hit the fan yet – They’re still trying to prop it up a little, that’s the reason why I feel commercial property hasn’t tanked yet. Maybe I misunderstood what Mike was saying
@vinny1010 Check …
@vinny1010 Check out the article at GoldSilver in the newsletters section. There you will find a chart of mortgage resets that shows what is heading our way fast…the second wave. Surf’s up. Big time.
property bubbles …
property bubbles have yet to pop in the US …subprime is only a tiny portion of it
@iaf000 when will …
@iaf000 when will gold silver price spike up happen? maybe 2012? like end of the world?
real esteate bubble …
real esteate bubble everywhere! in shanghai, Seoul, Toronto Vancouver. funny thing is when you look at PM and real estate marekt during 1970′s, PM price go up while real estate price go down! I think interest rate went up too.
@felixdov no …
@felixdov no worries stay tuend for a look at Taipei!
@majikhusky sorry …
@majikhusky sorry if you took what Mike said as condescending…but I don’t see too many other people holding a Silver Summit and educating the masses about real money vs fiat paper. In fact, this was the first ever Asia Silver Summit. I think you’ll find by watcjing a few more of Mike’s videos that he has less of an ‘American World View’ than you might think at first. He’s all about free markets, hard money, and financial education.
@whuttto Thanks …
@whuttto Thanks again, Dan here. As I mentioned earlier, please visit Wikipedia, type in “debt to GDP by country”. You may also like to visit CIA factbook to confirm this. I’m grateful to have brought this to your attention…amazing, huh?
@whuttto Hello …
@whuttto Hello there. Please visit Wikipedia, type in “debt to GDP by country”. You may also like to visit CIA factbook to confirm this. I’m grateful to have brought this to your attention…amazing, huh?
Add A Comment