Home › Forums › Financial Markets/Economics › Interest rates plummet – licking my wounds….
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(former)FormerSanDiegan.
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May 5, 2011 at 2:42 PM #693802May 5, 2011 at 3:17 PM #692630
CoronitaParticipant[quote=desmond]Yea, everybody was patting themselves on the back not to long ago with their refi rates. Flu must be calling his broker.[/quote]
Why? My 15 year rate is is lower than what it is now…Now if it falls to 3.25 or below, then that’s a different story… The rates are so ridiculously low around this time and the dollar is going to devalue further…
May 5, 2011 at 3:17 PM #692704CoronitaParticipant[quote=desmond]Yea, everybody was patting themselves on the back not to long ago with their refi rates. Flu must be calling his broker.[/quote]
Why? My 15 year rate is is lower than what it is now…Now if it falls to 3.25 or below, then that’s a different story… The rates are so ridiculously low around this time and the dollar is going to devalue further…
May 5, 2011 at 3:17 PM #693308CoronitaParticipant[quote=desmond]Yea, everybody was patting themselves on the back not to long ago with their refi rates. Flu must be calling his broker.[/quote]
Why? My 15 year rate is is lower than what it is now…Now if it falls to 3.25 or below, then that’s a different story… The rates are so ridiculously low around this time and the dollar is going to devalue further…
May 5, 2011 at 3:17 PM #693456CoronitaParticipant[quote=desmond]Yea, everybody was patting themselves on the back not to long ago with their refi rates. Flu must be calling his broker.[/quote]
Why? My 15 year rate is is lower than what it is now…Now if it falls to 3.25 or below, then that’s a different story… The rates are so ridiculously low around this time and the dollar is going to devalue further…
May 5, 2011 at 3:17 PM #693807CoronitaParticipant[quote=desmond]Yea, everybody was patting themselves on the back not to long ago with their refi rates. Flu must be calling his broker.[/quote]
Why? My 15 year rate is is lower than what it is now…Now if it falls to 3.25 or below, then that’s a different story… The rates are so ridiculously low around this time and the dollar is going to devalue further…
May 5, 2011 at 3:18 PM #692634sdrealtor
ParticipantCAR
Not sure what you are looking at but the market around here has been on fire the last few weeks. It was a late start but these lower rates could provide another boost also.May 5, 2011 at 3:18 PM #692709ParticipantCAR
Not sure what you are looking at but the market around here has been on fire the last few weeks. It was a late start but these lower rates could provide another boost also.May 5, 2011 at 3:18 PM #693313ParticipantCAR
Not sure what you are looking at but the market around here has been on fire the last few weeks. It was a late start but these lower rates could provide another boost also.May 5, 2011 at 3:18 PM #693461ParticipantCAR
Not sure what you are looking at but the market around here has been on fire the last few weeks. It was a late start but these lower rates could provide another boost also.May 5, 2011 at 3:18 PM #693812ParticipantCAR
Not sure what you are looking at but the market around here has been on fire the last few weeks. It was a late start but these lower rates could provide another boost also.May 5, 2011 at 3:20 PM #692639CoronitaParticipant[quote=Arraya][quote=CA renter]I Everyone is short the dollar by going into other currencies, commodities, stocks, real estate, etc. They are expecting someone else to pay them more, in dollars, than they paid for these things, IMHO. If everyone who is convinced that the dollar is toast is already in on the trade, who is left to buy things at a higher price? The unemployed/underemployed workers? The poor from the developing nations, whose jobs depend on those (underemployed and unemployed) people in developed nations buying more junk?
.[/quote]
You just described a classic speculative bubble which is grounded in ponzi-dynamics. The bubble burst when it ran out of new entrants.[/quote]
Except there’s one big problem…. Precious metals and commodities got slaughtered today (and this week frankly)…..Silver kicked the bucket with more than 20% fall in just a few days… Ouch!
May 5, 2011 at 3:20 PM #692714CoronitaParticipant[quote=Arraya][quote=CA renter]I Everyone is short the dollar by going into other currencies, commodities, stocks, real estate, etc. They are expecting someone else to pay them more, in dollars, than they paid for these things, IMHO. If everyone who is convinced that the dollar is toast is already in on the trade, who is left to buy things at a higher price? The unemployed/underemployed workers? The poor from the developing nations, whose jobs depend on those (underemployed and unemployed) people in developed nations buying more junk?
.[/quote]
You just described a classic speculative bubble which is grounded in ponzi-dynamics. The bubble burst when it ran out of new entrants.[/quote]
Except there’s one big problem…. Precious metals and commodities got slaughtered today (and this week frankly)…..Silver kicked the bucket with more than 20% fall in just a few days… Ouch!
May 5, 2011 at 3:20 PM #693318CoronitaParticipant[quote=Arraya][quote=CA renter]I Everyone is short the dollar by going into other currencies, commodities, stocks, real estate, etc. They are expecting someone else to pay them more, in dollars, than they paid for these things, IMHO. If everyone who is convinced that the dollar is toast is already in on the trade, who is left to buy things at a higher price? The unemployed/underemployed workers? The poor from the developing nations, whose jobs depend on those (underemployed and unemployed) people in developed nations buying more junk?
.[/quote]
You just described a classic speculative bubble which is grounded in ponzi-dynamics. The bubble burst when it ran out of new entrants.[/quote]
Except there’s one big problem…. Precious metals and commodities got slaughtered today (and this week frankly)…..Silver kicked the bucket with more than 20% fall in just a few days… Ouch!
May 5, 2011 at 3:20 PM #693466CoronitaParticipant[quote=Arraya][quote=CA renter]I Everyone is short the dollar by going into other currencies, commodities, stocks, real estate, etc. They are expecting someone else to pay them more, in dollars, than they paid for these things, IMHO. If everyone who is convinced that the dollar is toast is already in on the trade, who is left to buy things at a higher price? The unemployed/underemployed workers? The poor from the developing nations, whose jobs depend on those (underemployed and unemployed) people in developed nations buying more junk?
.[/quote]
You just described a classic speculative bubble which is grounded in ponzi-dynamics. The bubble burst when it ran out of new entrants.[/quote]
Except there’s one big problem…. Precious metals and commodities got slaughtered today (and this week frankly)…..Silver kicked the bucket with more than 20% fall in just a few days… Ouch!
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