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Pastimes : A Jackass, his PAL(indrome), and GOLD

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To: Jim Willie CB who wrote (992)3/11/2003 11:55:31 PM
From: Mannie  Read Replies (2) of 1210
 
Puplava had another great write up tonight, be sure to check it out.

I can see things slowing down in Seattle:
-Real estate stats say that home sale closures in almost every category are off 50% over last year at this time. Much higher volume of homes on the market, sitting there for much longer

-Walk in to virtually any restaurant and be seated immediately.

-Had some auto service work done today. The owner said business is slowing way down, people are tending to only fix the necessities.

-Traffic is down on the roads (I like this one)

-Commercial real estate vacancies in the high 20%. The residential apartment market is experiences a high vacancy rate also. Many big projects dead in the water and sitting as a hole in the ground.

There has to be a lot of opportunities opening up here at some point. These economic recalibration points are a great place to make money if one is prepared.

scott
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