[peterb]

For anyone interested in a currency analysis, Jack Crooks just published a very interesting article. It makes a lot of sense to me, as I agree with him. But I see in the real world what he’s saying and it follows a historical pattern as well. It’s a quick read and I think all those interested could learn from it.

http://www.howestreet.com/articles_as_pdf/2008Dec020919bsccc120208.pdf

[peterb]

For anyone interested in a currency analysis, Jack Crooks just published a very interesting article. It makes a lot of sense to me, as I agree with him. But I see in the real world what he’s saying and it follows a historical pattern as well. It’s a quick read and I think all those interested could learn from it.

http://www.howestreet.com/articles_as_pdf/2008Dec020919bsccc120208.pdf

[peterb]

For anyone interested in a currency analysis, Jack Crooks just published a very interesting article. It makes a lot of sense to me, as I agree with him. But I see in the real world what he’s saying and it follows a historical pattern as well. It’s a quick read and I think all those interested could learn from it.

http://www.howestreet.com/articles_as_pdf/2008Dec020919bsccc120208.pdf

[peterb]

For anyone interested in a currency analysis, Jack Crooks just published a very interesting article. It makes a lot of sense to me, as I agree with him. But I see in the real world what he’s saying and it follows a historical pattern as well. It’s a quick read and I think all those interested could learn from it.

http://www.howestreet.com/articles_as_pdf/2008Dec020919bsccc120208.pdf

[peterb]

All investments are relative. Gold, compared to everything but the US$, has done quite well since the Oct drop. I think it’s hitting its all time high in most other currencies right now. But keep in mind that gold did not go up in price from 1929 to 1932. It held it, though. And that was huge enough at the time. Then FDR set the price at 35 and made took it from individuals. So it’s got a good track record in market melt-downs of holding its value while others collapse. But you could hold US$, too. But eveyone feels like that’s eventually doomed. So buy gold every month or so as you go….

[peterb]

All investments are relative. Gold, compared to everything but the US$, has done quite well since the Oct drop. I think it’s hitting its all time high in most other currencies right now. But keep in mind that gold did not go up in price from 1929 to 1932. It held it, though. And that was huge enough at the time. Then FDR set the price at 35 and made took it from individuals. So it’s got a good track record in market melt-downs of holding its value while others collapse. But you could hold US$, too. But eveyone feels like that’s eventually doomed. So buy gold every month or so as you go….

[peterb]

All investments are relative. Gold, compared to everything but the US$, has done quite well since the Oct drop. I think it’s hitting its all time high in most other currencies right now. But keep in mind that gold did not go up in price from 1929 to 1932. It held it, though. And that was huge enough at the time. Then FDR set the price at 35 and made took it from individuals. So it’s got a good track record in market melt-downs of holding its value while others collapse. But you could hold US$, too. But eveyone feels like that’s eventually doomed. So buy gold every month or so as you go….

[peterb]

All investments are relative. Gold, compared to everything but the US$, has done quite well since the Oct drop. I think it’s hitting its all time high in most other currencies right now. But keep in mind that gold did not go up in price from 1929 to 1932. It held it, though. And that was huge enough at the time. Then FDR set the price at 35 and made took it from individuals. So it’s got a good track record in market melt-downs of holding its value while others collapse. But you could hold US$, too. But eveyone feels like that’s eventually doomed. So buy gold every month or so as you go….

[peterb]

All investments are relative. Gold, compared to everything but the US$, has done quite well since the Oct drop. I think it’s hitting its all time high in most other currencies right now. But keep in mind that gold did not go up in price from 1929 to 1932. It held it, though. And that was huge enough at the time. Then FDR set the price at 35 and made took it from individuals. So it’s got a good track record in market melt-downs of holding its value while others collapse. But you could hold US$, too. But eveyone feels like that’s eventually doomed. So buy gold every month or so as you go….

[peterb]

I have to believe that the tightening of credit card debt and usage will hit a certain part of our population very hard. The people that need the extra money for monthly expenses or to live….
You can default and lose your house, but still live somewhere as a renter. What happens when you cant get money you need to live day-to-day. I think this will have some harsh effects in the not too distant future.

[peterb]

I have to believe that the tightening of credit card debt and usage will hit a certain part of our population very hard. The people that need the extra money for monthly expenses or to live….
You can default and lose your house, but still live somewhere as a renter. What happens when you cant get money you need to live day-to-day. I think this will have some harsh effects in the not too distant future.

[peterb]

I have to believe that the tightening of credit card debt and usage will hit a certain part of our population very hard. The people that need the extra money for monthly expenses or to live….
You can default and lose your house, but still live somewhere as a renter. What happens when you cant get money you need to live day-to-day. I think this will have some harsh effects in the not too distant future.

[peterb]

I have to believe that the tightening of credit card debt and usage will hit a certain part of our population very hard. The people that need the extra money for monthly expenses or to live….
You can default and lose your house, but still live somewhere as a renter. What happens when you cant get money you need to live day-to-day. I think this will have some harsh effects in the not too distant future.

[peterb]

I have to believe that the tightening of credit card debt and usage will hit a certain part of our population very hard. The people that need the extra money for monthly expenses or to live….
You can default and lose your house, but still live somewhere as a renter. What happens when you cant get money you need to live day-to-day. I think this will have some harsh effects in the not too distant future.

[peterb]

You’d be wise to wait. Mortgage rates usually come down in a recession. They dropped from 9.5% to 5.25% from 1990 to 1994. Rates are dropping and unemployment is rising. Silicon Valley is just starting it’s lay-offs. See SUN, eBay, Yahoo, etc…
Rental units can be good if you dont experience a loss of occupancy. A couple of months a year can be tough. It’s got a mortgage, it’s got risk. I am seeing a lot of investors salivating at rentals that cash flow. A rare experience in CA. I am forecasting now that these will be the future foreclosure in a few years as rents too will break down in the final throws of this debacle.

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