The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: dybdahl who wrote (4670)	3/6/2008 4:29:02 PM
From: Real Man	Read Replies (1) of 71426

A lot of things need to be checked out, especially in a foreclosure. It's not always the bargain it seems to be, quite often a nightmare - lots of stuff to replace and fix makes the actual costs skyrocket. However, that does not mean someone careful enough can't find a real bargain, especially in a severe credit crisis like this one. It's been going on for quite some time already. Auctions are the toughest to shop, since often you can't inspect the property. I also happen to think that GM and Ford were in very long term bear markets of their own, and they will make lots of profits as the dollar goes down, since that will knock out foreign competition. They also sell abroad. Not too bullish on these stocks, though, since one or even both of them could go belly up (BK). They will keep making cars, but stock holders will get zero.

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