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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST

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To: TobagoJack who wrote (21623)8/26/2007 5:49:30 AM
From: Maurice Winn  Read Replies (1) of 217844
 
That's the longest rant I've ever seen Ramsey make. It's a treatise. He is back in the 1980s when he made his first big bundle on the S&L housing bust.

It does look dire [as expected].

I looked at property in Escondido a year and two ago and it was absurdly highly priced. It is obviously cheaper now.

Priced in NZ$, those houses are about a third of their price 2 years ago. That's quite a hair-cut.

Mqurice [I shall cancel my ban for now as the situation requires close attention]
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