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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (123921)5/19/2008 10:54:35 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
"Taking losses on a balance sheet instead of an income statement is acceptable under accounting rules, which make a distinction between so-called trading books and long-term investments. Changes in value on the trading side go straight to revenue. Changes in the value of bonds held for the long haul can be marked down on the equity line of a balance sheet, as long as the declines aren't considered permanent."



To: Giordano Bruno who wrote (123921)5/19/2008 10:56:52 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Gold runs on the anticipation on inflation. Maybe it sees a slowdown. Or at least more of a mixed bag now that the fed might stop lowering rates and the dollar might even rally a little.