US Real Estate is THE single largest asset class in the world, by far.
Follow it and you will know where we are going macro-economically.
We HAD one big inflation from '95 to '07. Big one.
Now the bubble has burst.
Sure, central banks will try to prop things up...but for the next couple of years we are in for inexorable, grinding deflation...and have been for 3 years already.
Eventually central banks will resort to issuing checks for $10,000 for every man, woman and child on the planet. About 6 months before that is when you want to buy metals.