Gold and Housing Values, an Inverse Relation?

As gold prices go onward and upward home prices tank, or, at best, just stay the same. During the housing boom, while home prices in some once red-hot markets tripled within five years, gold went nowhere. But when home prices cracked and crashed, gold took off like a rocket. Increasingly, we're told that inflation is on the way (thanks to ultra low interest rates) which means gold will increase even more. But will home prices also rise? There are no sure bets here. But one thing is for certain: if mortgage rates rise by, say, 200 basis points over the next year you can kiss the housing market goodbye. There will very few home sales. Refis? (As they say in Brooklyn: fogitaboutit!) The only thing that will change this outlook is the unthinkable: the unemployment rate falling to 6% or less. And that's not going to happen…