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  • Archive for August 16th, 2008

    US House Prices at One Third of Their 2001 Value

    Saturday, August 16th, 2008

              

    It only takes 240 ounces of gold to buy a US house. There has never been a better time to melt the jewelry. In gold terms, an average US house price has dropped to one third of its 2001 value.   

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