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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Patricia Trinchero who wrote (174818)1/2/2009 2:36:26 PM
From: Think4YourselfRead Replies (1) of 306849
 
Currency collapse is the stickiest problem, and one I am actively working on, mainly in terms of inflation. Real estate will normally go up to compensate for inflation, as it is a real asset, but the current real estate situation is so bad that it might not work. I would also expect stocks to rise, but companies will probably issue more shares and dilute it, so you are still going to lose.

Gold and silver don't seem practical to me. You are inviting theft and/or death by actually having physical possession. If someone else is holding it, you probably won't be able to get possession if things get so bad that you really need to. I don't trust people at all, based on prior experience. Can anyone envision a gold based economy in the US? How could/would that possibly work?

We are currently trading cash for knowledge at the local universities/colleges. We will continue doing that as long as possible, especially with the current tax incentives. To us knowledge is the most valuable thing to have because with enough of it you can get almost anything you need/want.
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