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

To: jackjc who wrote (48140)	8/26/2007 5:22:07 PM
From: maxncompany	Read Replies (1) \| Respond to of 78421

Are not some of them much like insurance? Whereby if the insurer can't pay then the insured also suffers? Don't know, but that was my impression. Some, of course, not all.

To: jackjc who wrote (48140)	8/26/2007 5:45:17 PM
From: loantech	Read Replies (2) \| Respond to of 78421

Jack I am trying to look at it from a very simple point of view. Teaser rates, no money down and stated income created more buyers and increased demand. All those loans created such a demand that home prices went beyond the ability of most 1st time buyers to buy or qualify using traditional lending practices. The lofty levels of value enabled the early buyers to use their homes as a cash register and spur the economy of HOme Depot, Harley Davidson, 2nd homes etc. 1st time buyers and home equity withdrawls slow down then what? If so we do not necessarily crash or whatever but it may put a damper on things in the US.