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Notes From the Fieldby Martin Weil

June 11, 2011

Sell gold. Buy a house

Or so this interesting chart of the median US house priced in gold would suggest.

When priced in that other world currency (gold), the median price of a single-family home has declined over 80% since 2001.

Buy low. Sell high.

Chart from Chart of the Day. h/t The Big Picture.

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