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

GLD 368.29

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4:00 PM EST

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To: Ilaine who wrote (84678)	12/17/2011 4:42:24 PM
From: TobagoJack	Read Replies (1) of 217564

hello cb ilaine, the response, and i quote, "Whatever he said about #10 seems to agree with my point so I don't know what his beef is. As for #9, it is not what the rate is doing day by day but sooner or later, the Bernank is going to have to remove the accommodation and the agencies have to discontinue their subsidies. At the moment, the rates are kept low because troubles in euroland is reducing supply of safe fixed income instruments. Even at the current low rates, the real estate market is not responding. Just imagine what mortgage rate would be today if the loans are not guaranteed by the US government and kept low because Bernanke bought them all? That is not only a hurdle to recovery, it is a 20' block wall." given that the author is a made-man at real estate, out, in and out, i shall go with his take, especially in view of your per hindsight and misplaced once-and-still-strong faith on housing over the eon we have known of each other. cheers, tj

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