Housing bubble in China will inevitably pop during next few years causing a very strong surplus of home appliances which should strongly press prices of home appliances down during the coming years . ( Among other consequences )
In fact , that will only be one more example of the excess of liquidity in the world , which seems unable to understand that the only way to grow steadily and without tensions , is to take measures to avoid bubbles of all kinds .
In this respect investors and worldwide monetary authorities should begin to appreciate gold as a relief valve that absorbs much of these tensions by leaking or entertaining part of the excess in liquidity .
In other words investing in gold is better for world economy than investing in real estate .
Brahmason
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