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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: posthumousone who wrote (166354)11/23/2008 11:01:18 AM
From: DebtBombRead Replies (1) of 306849
 
I smell only one answer: buy physical gold, gold coins, bury cash, buy other hard assets for survival.
People need to think about what has happened and what is happening: the system is rigged to blow, this is likely going to be much worse than the Great Depression, IMHO.
Everyone is waiting around for the next bear market rally. They all have the....it will come back attitude.
They can't beleive depression.
We are on track right now using re-trace charts to Dow 2-3000 in 2010.
Maybe something changes it, maybe not. What could change it?
Is hyper-inflation going to change it? Well, maybe....but then a loaf of bread and a tomato will cost $10 a piece....so what good is hyper-inflation? They won't increase people's pay with rigged inflation numbers. This place is hosed either way, IMHO.
Here's what I'm going to do:
I'm getting all of my money out of here before FDIC and other crap blows, banks frozen, bank holiday, markets frozen, etc..
I already started buying some hard assets.
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