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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: westpacific who wrote (22992)12/7/2004 1:37:53 PM
From: loantech  Read Replies (1) of 110194
 
<Also get ready for the biggest real estate collapse of all our lifetimes. IF you still own real estate in the US you are going to get crushed. As rates soar expect defaults galore>

We owe very little on our home of many years so if the price collapses the tax man will get less. <g>

As far as the dollar or gold your bet is good because the dollar has fallen so much and you may be right about needing capital.

Most of my mining stocks are total drill hole plays they hit they go up they miss they go down.

My wife and I have little debt and enough cash to pay the house off which we may just do in early 2005.

Thanks for the interesting post and good luck trading.
Tom
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