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

To: patron_anejo_por_favor who wrote (260711)	7/14/2010 1:42:28 PM
From: DebtBomb	Read Replies (3) \| Respond to of 306849

Baby boomer peak earnings and spending year was 2007. 10,000 baby boomers retire every single day....3 million per year. Where are 78 million baby boomers going to put what's left of their hard earned money to save them....knowing about the bust....knowing their jobs may be toast....knowing their SS and medicare are probably toast....knowing their pension funds are probably a "0"....knowing the whole place is bankrupt....knowing these paper fiat currencies aren't worth the paper their printed on? Gold. You watch. People should not under-estimate the force behind 78 million baby boomers. ;-)