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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (1719)10/31/2003 9:22:43 AM
From: loantech  Read Replies (1) | Respond to of 110194
 
Russ,
Can't give you any help on this one just a potential suggestion or two. Merril Lynch has a lending department. I have know about it for years but do not know anything about a contact number. I would try them or Morgan Stanley for a foreign property loan. Next be would be an English speaking French banker.

Sure there may be some dollar repatriation coming, but if certain things come down the pike and I think they will you may find great domestic values. Oregon has a history of very deep cyclical pull backs in residential Real Estate values. You may find some bargains here in a few years and all you will need to speak is upscale "redneck". <g> I know you like the coast here. Take the beach front homes in Gearhart (spelling) that sell for about a million now. I see them at 300K or less if we get into trouble.
Good Luck Russ,
Tom



To: russwinter who wrote (1719)10/31/2003 10:03:29 AM
From: re3  Respond to of 110194
 
<<<I just have cash and securities, no "real" or property assets.

well, yeah, if in doubt, sit in fiat money ? us dollars ? how good a choice is that ? would the canadian dollar be better ? aussie or kiwi money ? warehouses filled with copper ?

i suppose the above conundrum is why maybe holdin' gold/gold shares is a relatively wise thing to do, even at these "silly" prices...