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

To: The Reaper who wrote (159116)	10/22/2008 4:14:31 PM
From: patron_anejo_por_favor	Read Replies (5) \| Respond to of 306849

Stick save of sorts.....if you can consider -514 to be a "save"...... The dollar's strength is a complete mystery. The Yen is kicking it's arse, but the clownbuck has beat the Euro, Aussie, Swissie and Loonie to $hit. The Euro I get, but not the others, certainly the Clownadian banking system is no worse off than ours (and probably a lot sounder). Gold stock indices came down to major support for all intents and purposes. We'll see how major it really is tomorrow. I bought a large amount of NGD today. Trading for less than cash and about 1/4 of book value. They can shut down mining and sit on the properties indefinitely if need be, but this thing will be trading 5-10 times todays prices within 2 years. Some small adds in AUY, NSU and GFI. The market needs to grind around here, it's gonna take awhile.