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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (1342)	10/7/2007 9:18:06 AM
From: Real Man	Respond to of 71463

With a 10-20% jump in housing prices, the subprime mess could end without shedding too much blood. How can that be possible? Drop the dollar 30% to 50%. Then you get an influx of foreign money trying to exchange their worthless dollars for real property. Housing is part of the great "inflation". Maybe the market is seeing this. The same is going on with the stock market as it rises to new dollar-based highs - the ratio of SP to gold continues to fall. Even in Euro terms, the SP did not rally that much at all. In CD terms, I think it declined this year. P.S. During the 1998 Russian Ruble crisis, prices for apartments in Ruble terms went up. They fell a lot in dollar terms, I think, something like 60%. The Ruble fell 80%, so net Ruble Apt. prices gain was 100%. The dollar was not the problem then -g-