The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Hutton who wrote (161093)	10/29/2008 9:41:22 PM
From: Tommaso	Read Replies (7) of 306849

No, let's be patient and study the situation. Anything this crazy must provide opportunities, Of course, I agree that it's outrageous. But at least so far no one is saying, "Anyone who has no debt is un-American and must be shot." OK, here's what I in fact have already done. Transfer as many assets as possible to Canada. The banks are sound (so far); they run a budget surplus; and they run a trade surplus. Their currency is terribly undervalued. If I were younger and more active, I would buy a house in Canada right now and establish some sort of residency, if not citizenship. Just today, the Canadian dollar appreciated over 5% against the $USD. Put a lot of assets into gold in a safe deposit box in Canada, if not Swizerland. Buy Canadian gold and uranium mining stocks. Buy Canadian Oil Sands Trust. I already did this with the bear market funds that I liquidated. I already have a 30% gain, but I am not about to sell.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next