Property a safe Investment - think again!

Zero or near-zero interest rates push desperate investors - individuals as well as institutions - to look at supposedly safe property as a haven. No one can deny that buildings and land are not safe - from a physical point of view. But in the same way that governments and their minions in the 'independent' central banks rob savers of hundreds of billions (a year!) there is no reason why states will not deny themselves the opportunity to rob/expropriate the wealth that citizens have in the shape of property. And there is the big advantage that real estate can not be moved out of the reach of the tax collector.

MF Global: How to get rich from bankruptcy

The trustee that oversees the liquidation of MF Global is charging $891 against the assets of the failed broker while customers have to wait for news about when and how much of their money will be returned to them. Confidence in paper assets will be damaged by this regulatory failure and demand for real assets such as precious metals and property can only be increased.