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


To: TobagoJack who wrote (72459)3/29/2011 11:11:26 AM
From: Riskmgmt  Respond to of 217659
 
Hi Jay:
Re:So we cud see GOLD below 1400

Silver cud see 33-34

Basically b out of mkt for 6-8 weeks"


The few times I have tried to time a bull market like PMs I have ended up buying back at a higher level. Good luck if you can manage it though.

Meanwhile, as much as I dislike rental properties they are returning real money in parts of Florida at these prices. Hows $15 a foot sound?

E-mail to Sing resident.

Dear Paul:
Thought you might like to see this because it's hard to believe without seeing it. True this is not a great area but this would have fetch 10X that in 2006/7. $12,000 is about 7,400 pounds!

Note: Actually it sold for $146,000 in 2007.

5210 NW 25th St# 26Lauderhill, FL 33313
Previous 1 of 1 Next
LargerFor Sale:$12,000Zestimate®:$30,500Mortgage payment:
$49/mo See current rates on Zillow
Bedrooms: 2
Bathrooms: 1
Sqft: 829
Lot size: --
Property type: Condo
Year built: 1980
Parking type: --
Cooling system: --
Heating system: --
Fireplace: --
Days on Zillow: 4
Last sold: June 26 2007
MLS number: m1485342
Description
HomeSteps Property, Sold in As-Is Condition, Eligible under the Freddie Mac First Look Initiative through 04-02-11, Investors and Second Home purchasers may submit offers at any time, however offers will not be considered for the first fifteen days.Brokered And Advertised By: L M G Realty,…
More
5210 NW 25th St # 26, Lauderhill, FL 33313

I am told it will rent for about $650 a month.

Regards,

R.



To: TobagoJack who wrote (72459)3/29/2011 12:23:38 PM
From: Canuck Dave  Read Replies (1) | Respond to of 217659
 
"Testing the faith."

From examining the Fed's Z1 flow of funds data, Doug Noland estimates that it is taking 1.8 trillion dollars of new credit to maintain the maladjusted economy and hold interest rates down. This year is headed for two trillion.

So a few Fed-heads are making noises (between Fed meetings) about winding down the stimulus, putting a lid on gold and currency speculation. Really? And the deficits will be funded by what mechanism?

For me, faith boils down to making a decision between a bunch of unelected bankers running a breathtakingly large Ponzi scheme and a cube of metal about the size of an Olympic swimming pool.

Who ya gonna trust?

CD



To: TobagoJack who wrote (72459)3/29/2011 1:00:21 PM
From: Cogito Ergo Sum  Respond to of 217659
 
Am enthusiastic for test of faith. we have not seen such a real test in a long while... with oodles of cash I share your enthusiasm ...



To: TobagoJack who wrote (72459)3/29/2011 1:44:05 PM
From: carranza22 Recommendations  Read Replies (2) | Respond to of 217659
 
QE2 IMO not to be followed by QE3:

Message 27266037

Message 27259416

I've changed my mind re: this:

Message 27233604

I dare not trade, so will stick to guns.

My stellar miner, NGD, has given me lots and lots of unrealized profits. I might sell a tad, not much, just to buy cheaper, but maybe not.

The known unknown is the radiation in Japan. My God, we have seawater becoming contaminated, a fracture int he containment vessel, and the neat and tidy Nipponese aren't freaking out.

Something is wrong.

Oil is dodgy b/c of Arab unrest.

Europe is basket case....

A flock of ebony swans out there, breeding and circling...

Nope, no sale of my gold.

And someone made a great point: with no one buying Treasuries in bulk as before, and the Fed doing its best to buy the long end of the curve to help the government on its interest expense, who you gonna call to do that in the future?

Don't care if goes down temporarily. I am not enough of a good trader to time stuff.