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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (88292)	11/1/2007 1:03:13 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

'I saw prices go down to ridiculously low levels when priced in Western currencies - even as they were skyrocketing in their domestic money' That is probably the perception of someone from the UK when they visit the US these days. One great point on the flip side of all this I heard mentioned on a talk show the other day is many Europeans have been burned bigtime by the combination of the collapse in the dollar and housing prices in some of their favorite destinations especially in Florida and Vegas the past couple of years. If they bought at the peak in 2005 and prices are down 30-50% combined with another 20% hit in currency that is some hit of 45-70%.. Of course others till take this as a buying opportunity and I'm sure they'll be here in droves this winter buying up stuff dirt cheap..