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


To: Dan3 who wrote (258316)7/3/2010 9:27:40 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
It's difficult to draw those comparisons, since at that time our currency was BACKED by gold. Not so now. My feeling is, when other currencies collapse, people will flee to gold as the stable "currency" in which to store wealth.



To: Dan3 who wrote (258316)7/3/2010 12:10:38 PM
From: patron_anejo_por_favorRespond to of 306849
 
Geez, if only they'd known how to cook GDP numbers then like they do now, there wouldn't have BEEN a depression!<G>