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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 382.95

-0.8%

Nov 13 4:00 PM EST

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To: elmatador who wrote (29957)	2/27/2008 2:40:54 PM
From: Lazarus_Long	Read Replies (4) of 217749

Oil topped US$102. "The number of homes facing foreclosure jumped 57 percent in January compared to a year ago, with lenders increasingly forced to take possession of homes they couldn't unload at auctions .................................................... "The U.S. foreclosure rate last month was one filing for every 534 homes. The Cape Coral-Fort Myers area in Florida posted the highest foreclosure rate of any metro area in the nation, with one of every 86 homes in some stage of foreclosure, said RealtyTrac Inc. hosted.ap.org. The US$, after apparently trying to form a bottom to its collapse, has surrendered and is plunging again. quotes.ino.com FNMA and Freddie Mac will be allowed to raise their limits to cover a good portion of the jumbo market they couldn't before. More potential debt commitment for the gov't. And Helicopter Ben says the Fed will lower at its next meeting on March 19. The PPI, if you believe the gov't, is stable now at 0.2%. I'm reading a book called "Greenspan's Bubbles". I was wondering what the gov't would do to avoid the financial problems and SS's link to it through inflation, would cause. I'm late. It's already been done and has been in effect for at least 8 years. This is why the guv can tell you inflation is only 2% - 3% annually when you know better. In keeping with the credit crunch and housing mess, a bank is going to issue a debit card that allows people to borrow from their 401(k)'s. All 3 major market averages had large positive jumps in the last 3 days. It's down a little today. What am I missing?

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