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peterb
Participant“…,where do you see interest rates on mortgages headed in the next 12 months?”
What will a 30 year fixed be?
Participant“…,where do you see interest rates on mortgages headed in the next 12 months?”
What will a 30 year fixed be?
Participant“…,where do you see interest rates on mortgages headed in the next 12 months?”
What will a 30 year fixed be?
Participant“…,where do you see interest rates on mortgages headed in the next 12 months?”
What will a 30 year fixed be?
August 24, 2008 at 2:00 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261056ParticipantAgreed. Demand destruction seems to be picking up steam on a global level. Prechter at ElliotWave’s been saying this for a while now as well. But if the 1970’s are any indication, we could have a strong recession as commodities make big gains. Given the state of global finance, I think this could happen, but might take a little time to get going. Perhaps I’ll wait a few more months before jumping in. But I agree that the long term trend seems very strong.
August 24, 2008 at 2:00 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261256ParticipantAgreed. Demand destruction seems to be picking up steam on a global level. Prechter at ElliotWave’s been saying this for a while now as well. But if the 1970’s are any indication, we could have a strong recession as commodities make big gains. Given the state of global finance, I think this could happen, but might take a little time to get going. Perhaps I’ll wait a few more months before jumping in. But I agree that the long term trend seems very strong.
August 24, 2008 at 2:00 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261264ParticipantAgreed. Demand destruction seems to be picking up steam on a global level. Prechter at ElliotWave’s been saying this for a while now as well. But if the 1970’s are any indication, we could have a strong recession as commodities make big gains. Given the state of global finance, I think this could happen, but might take a little time to get going. Perhaps I’ll wait a few more months before jumping in. But I agree that the long term trend seems very strong.
August 24, 2008 at 2:00 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261316ParticipantAgreed. Demand destruction seems to be picking up steam on a global level. Prechter at ElliotWave’s been saying this for a while now as well. But if the 1970’s are any indication, we could have a strong recession as commodities make big gains. Given the state of global finance, I think this could happen, but might take a little time to get going. Perhaps I’ll wait a few more months before jumping in. But I agree that the long term trend seems very strong.
August 24, 2008 at 2:00 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261353ParticipantAgreed. Demand destruction seems to be picking up steam on a global level. Prechter at ElliotWave’s been saying this for a while now as well. But if the 1970’s are any indication, we could have a strong recession as commodities make big gains. Given the state of global finance, I think this could happen, but might take a little time to get going. Perhaps I’ll wait a few more months before jumping in. But I agree that the long term trend seems very strong.
August 24, 2008 at 1:12 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261031ParticipantYeah, I dont like being late to the party, but I think you’re dead on target about commmodities. Looks like I’m gonna dump a bunch of money in Jim Rogers index fund. I saw that he’s about 35% oil. I think it may be a little low, but in general I like the guys investment logic. Your thoughts?
August 24, 2008 at 1:12 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261231ParticipantYeah, I dont like being late to the party, but I think you’re dead on target about commmodities. Looks like I’m gonna dump a bunch of money in Jim Rogers index fund. I saw that he’s about 35% oil. I think it may be a little low, but in general I like the guys investment logic. Your thoughts?
August 24, 2008 at 1:12 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261239ParticipantYeah, I dont like being late to the party, but I think you’re dead on target about commmodities. Looks like I’m gonna dump a bunch of money in Jim Rogers index fund. I saw that he’s about 35% oil. I think it may be a little low, but in general I like the guys investment logic. Your thoughts?
August 24, 2008 at 1:12 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261291ParticipantYeah, I dont like being late to the party, but I think you’re dead on target about commmodities. Looks like I’m gonna dump a bunch of money in Jim Rogers index fund. I saw that he’s about 35% oil. I think it may be a little low, but in general I like the guys investment logic. Your thoughts?
August 24, 2008 at 1:12 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #261329ParticipantYeah, I dont like being late to the party, but I think you’re dead on target about commmodities. Looks like I’m gonna dump a bunch of money in Jim Rogers index fund. I saw that he’s about 35% oil. I think it may be a little low, but in general I like the guys investment logic. Your thoughts?
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