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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (160848)10/28/2008 6:44:01 PM
From: THRead Replies (1) of 306849
 
Hello MD,

Thanks. Great information. I've borrowed a slide or two for a presentation I have to make next month.

Why would gold do well in this environment? When our foreign buddies realize that our uberconsumer is not doing his job, they are going to be a lot less interested in funding our debt, aka vendor financing. Rates will go up, but that won't be enough to meet all the debt service requirements. Adding insult will be a sharp reduction in state and federal tax revenue. So, someone will have to print. And gold will like that, a lot.

Printing is coming. Many don't believe it yet, but they will.

GT
TH
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