The chart above shows the S&P TSX Real Estate, Gold, Energy and Financial Services Indices as well as the Bank of Canada Commodities Index (CRB) all valued in CA$. In January 2012 Gold got back on the rally chopping around inside the sideways channel. Energy, real estate and the financials are also range bound. The CRB continues to drift down and it shows up in the falling CPI and rising real rates as well as rising "real" price of gold. Gold is out performing all other commodities and especially real estate. Gold is very liquid while Real Estate can be a "slow" asset and become unsellable (See here and here). Check your return on investment with this Evaluator; if buyers suddenly vanish you might have to look for tenants and then your hope for capital gains becomes a job of managing a Return on Investment, if there is one.