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

To: elmatador who wrote (24574)	10/28/2007 11:53:47 AM
From: RJA_	Respond to of 218108

>>Bernanke said that the Fed has set up a “crisis center” to handle potential global financial problems - to anticipate them, and to deal with them if they occur. What are the possibilities? All this, IMHO boils down to simply printing dollars to buy dollars. It is a recipe for failure... He will use the same or more extreme methods then those that got us to this point. Reminds me of one of those jugglers with the plates twirling at the end of sticks... gotta keep em spinning, got to add more plates and more sticks, and still more plates, and still more sticks... when what is being attempted is to repeal the laws of gravity. Futile, and dangerous. What will give is the dollar.

To: elmatador who wrote (24574)	10/29/2007 3:41:45 AM
From: TobagoJack	Respond to of 218108

Just received GS report from cyber pal and it whispers stuff in line with my expectation of 50% fall in nominal asset value of empire-resident real estate ... "House prices are significantly over-valued in California Our house price model indicates that Californian homes are 35-40% above the price range implied by current and forecast economic conditions (compared to 13-14% over-valuation nationally). As of August the median house price in California was $589K, but economic conditions support prices between $350-380K; material price declines are likely, in our view." Given that I believe the USD currency will also drop by 50% against enough fiat currencies and gold, we therefore are on track to my 50/50 solution, as step #1 towards the Dark Interregnum and TeoTwawKi Dawn. Chugs, TJ