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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: James Hutton who wrote (166278)11/22/2008 10:23:37 AM
From: DebtBombRead Replies (2) of 306849
 
I did yesterday before the close....a quick scalp long....and dumped before the close.
It seems like we're getting to the point where only physical gold, gold coins, and other hard assets are going to be the only way to go as markets and financial firms collapse.
Somehow, I'm starting to think even short traders will lose as firms go up in smoke.
How can FDIC not go up in smoke anyway, when the CDS market alone is what? 60 trillion?
Someone tell me how they won't go up in smoke.
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