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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 408.24

+2.3%

Dec 22 4:00 PM EST

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To: Cogito Ergo Sum who wrote (70561)	1/27/2011 4:03:46 PM
From: Ilaine	Read Replies (2) of 218661

Hi, I am fine and well, just taking a break from posting. I stay busy. Bankruptcies seem to be slowing down, a little bit, which is good for the economy as a whole. Both sons have real jobs, which is good for our own personal economy. But I know for a fact that Bank of America has a moratorium on foreclosures, and suspect that the other big lenders do, as well, due to problems in their internal records. Once they get over that -- assuming they do, which I do -- the foreclosures will start again, and housing prices will get hit again. I agree with those who are predicting a double dip in the recession. Probably not for all. The division between the haves and have-nots will continue to widen. Fortunately, older son is now a bankruptcy lawyer, just like his Mom. Had his first day in court yesterday. I am so proud. :)

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