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

To: Maurice Winn who wrote (78247)	8/23/2011 1:56:49 AM
From: TobagoJack	Respond to of 219862

a view to a kill Fm: M Time: 2011 08 23 12:54 PM Re: Comments - Week of August 22 - dangerous choreography Thanks G, That chart is interesting. But even though home prices are down 80% in gold terms since 2007, it appears that we need another 40% to 50% drop in prices to dip to record lows from here! Some of these charts are interesting when you reverse the numerator and denominator. The S&P in Gold terms is one of them. It appears that we are nearing a low when you look at the ratio at .60 when pricing in Gold terms. But I think the low was roughly .18, which means you could still see a 70% drop in value if we revisit that area!! M On Tue, Aug 23, 2011 at 10:32 AM, M wrote: Wow - median house prices are down 80% since early 2007! If gold hits Sinclair's $12,000 per ounce target, I'll probably sell some gold and finally buy a place! <g> M On Tue, Aug 23, 2011 at 10:19 AM, b wrote: Gold ounces to buy median US house, 1966 to current. Attached and at nowandfutures.com