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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: anachronist who wrote (34263)	6/23/2005 7:01:35 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Yikes! I can see his next title, "Rich Dad, Bankrupt Dad!"<G>

To: anachronist who wrote (34263)	6/23/2005 7:20:37 PM
From: bentway	Respond to of 306849

I've never been a gold bug. A few months ago, when the dollar seemed to be dropping daily, I thought gold's time was here. I bought some gold, and got punished. I think guns and ammo are a better buy than gold now. If the shit hits the fan, you can trade those for all the gold you want. They never seem to lose value. Various guns are very fungible, and so is ammo, which you can consider "small denominations". Don't forget your year's supply of canned food. All the Mormons here are prepared. I'm getting on the program.

To: anachronist who wrote (34263)	6/23/2005 8:00:05 PM
From: KM	Respond to of 306849

LO F***ING L!

To: anachronist who wrote (34263)	6/23/2005 8:49:44 PM
From: FrozenZ	Read Replies (1) \| Respond to of 306849

I like how he says he doesn't know when the bubble will burst and also says the party is over. I guess that covers all possible scenarios. "How long will the bubble last and keep expanding? I do not know. But in my opinion, this party is over so see you at the next party." With the help of the insights like his, this thread and several others on SI I was able to convince my close friend to get out of the California real estate bubble in 2002 before its collapse. Had she waited until now it would have meant an easy 1 or 2 million dollars maybe more. At the time the house was $1.4 million. In my opinion the only real discussion about it should be regarding timing. We already know we are in a currency bubble, housing bubble and insanity bubble.