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


To: tejek who wrote (285173)10/20/2010 4:26:11 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>I thought you were claiming that gold would have been a better investment. Did I misunderstand?<<

It would have, but in this example it simply represents a proxy for commodities, currencies, bonds or inverse purchasing value of the dollar. The point being that any of a multitude of other "investments" would have been better than throwing money down the TARP rathole. If you debase the currency enough, almost anything is gonna come out ahead (especially if the purpose of the debasement is to assure that your bad investment is nominally positive).



To: tejek who wrote (285173)10/20/2010 4:28:46 PM
From: Jim McMannisRead Replies (3) | Respond to of 306849
 
The most recent issue of Barron's magazine (October 11, 2010) puts the real, uncooked US unemployment figure's at a sobering 22.5%. That is NOT a typo.

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