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


To: Box-By-The-Riviera™ who wrote (49916)5/10/2009 11:38:53 PM
From: TobagoJack  Read Replies (1) | Respond to of 217675
 
jonny dough, how quickly we forget the brilliance of our youth days only so many years ago video.google.com , and i alert you to pay particular attention to 3.26 minutes into the 4.46 minutes long script

housing started imploding when measured in gold truth terms long before its nominal value started cratering, even as i.com and dow and r2000 and s&p500 cratered against gold honestly, all as you and i discerned

you ask the question, <<however, what happens when you cash out of gold into the nominal value... in this case dollars. if it is only for an hour or a day, probably no harm done. but if it is longer, than, that nominal is going to eat your ... lunch>>

we do not need to invent a new script, for the old one is tracking 100% bang-on accurate.

per our script, by then, when gold reigns supreme and housing is dust, we will be reinventing ourselves from goldkeepers to landlords.



To: Box-By-The-Riviera™ who wrote (49916)5/11/2009 12:10:53 AM
From: RJA_  Read Replies (2) | Respond to of 217675
 
Well, yes, that's the question, isn't it?

Where do you go when you sell?

Hopefully the market will be sufficiently depressed a la the 1930's so buying virtually anything will lead to success...

What I will look for will be high grade dividend paying, good track record, companies.

They may by then be in China or India... and I do not know those markets.

Other alternative: Real estate in up and coming locations.

Any knowledgeable input on above welcomed, though I feel its too early yet.