Junior gold mining stocks (GDXJ) vs. the physical gold price (PHYS)
The new global monetary standard, unlimited quantitative easing–Fred Hickey
A thirty minute interview worth hearing. Pay attention to what these value investors say about Austrian (“common-sense”) economics.
http://classicvalueinvestors.com/i/2013/02/mental-insanity-interview-with-bill-fleckenstein/
The Great Florida Land Boom
I love the old pictures and advertisements to take me back to prior booms/busts, but gazing at historical facts won’t help you–other than make you aware that the world can change drastically and suddenly–because you need a proper theory of the trade cycle to understand causality and sequence of events. This might help:Reformulation of ABCT_Salerno
Go back in time and see how the 1920s boom relates to more recent real estate speculation in Florida.
- Florida_1920_land_boom_2 (A short synopsis)
- THE_FLORIDA_LAND_BOOM_OF_THE_1920s (Good pictures)
- Florida RE History from Appraisal Institute (Instructive read)
- House flipping fraud (Ghosts from the 1920s would be impressed) http://projects.heraldtribune.com/investigateflip/investigateflip.html
A short video of Florida Real Estate MALINVESTMENT:
4 responses to “Two Value Investors with an “Austrian” Perspective; Florida Land Booms/Busts”