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: Pogeu Mahone who wrote (90185)	1/6/2008 10:40:06 AM
From: sea_biscuit	Respond to of 110194

I have no disagreement that housing is going down. I have bet on gold as well. Of course the question is how much will housing go down in dollar terms and in gold terms. I think it will go down 30 percent nationwide in dollar terms and well over 75 percent in gold terms. My only disagreement with you is regarding the foreclosure numbers for Danville. You are using the wrong numbers from a website as proof. I know the area quite well and if over a thousand houses in such an affluent town were being foreclosed (as opposed to just 7 or 8) that would be the topic of every conversation. And it is not.