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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (5808)	2/1/2006 11:57:07 PM
From: kacy_in_LA	Read Replies (1) \| Respond to of 78416

Yes, imperfect information and bounded rationality guarantees that there will be losers in every economy, no matter how robust. In this case, however, I don't think that the trees make up the whole forest. You are in Seattle, correct? Been a lot of years of real property appreciation in that city, dating all the way back to the 1980's (with one temporary blip, as I recall). I have a cousin who lives near UW in a house 2/3rds the size of mine, but he paid twice as much. Great location, bikes to work at UW. I'd like to think (for his family's sake) that it is a local supply/demand imbalance that will persist due to the geographic constraints of the city. On the other hand, someone always buys at the top.