Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (22958)	9/23/2007 10:16:24 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 220533

With gold going to triple the price it is = $2000, that's not wheelbarrow territory. And in US$, house prices will also decline. So I will use US$ to buy said portfolio of properties. The BIG question is the level of political stability in the USA. If debt is wiped and both mortgagees and mortgagors are losing their houses and shirts en masse, and if that leads to economic insurrection and recession, there will be rampaging in the streets and if not in the streets, certainly in the voting booths. Electorates usually vote to steal OPM. So they will do it again, as always. If they get too greedy, they will kill the goose that laid the golden eggs and go the way of Argentina - which once upon a time was a wealthy place. Mqurice