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sobmaz
Participant“Gold pays no interest”
That is the stupidest thing I have ever heard. Gold does not need to pay interest, it retains its value over time.
A dollar in 1908 will buy you what 50.00 today will buy you. Dollars pay interest only to make up for the erosion of its value.
An ounce of gold in 1908 will buy about the same amount of goods of services as an ounce of Gold today.
GOld is a STORE of value, not an investment. An investment would be my first choice, not Gold. But…..Gold would be my first choice as a STORE OF VALUE if my second choice was a u.s. dollar.
Think about it….would you want to STORE your money in money that can be printed by the billions daily or in an ounce of Gold that takes a lot of resources to create?
Being that the u.s. has promised mountains of dollars to everyone and is already in debt, my first choice is my wealth in an investment that will weather the economic meltdown. On the other hand, any uninvested cash I have I would much rather store in gold than in dollars.
Participanthttp://www.constitution.org/mon/greenspan_gold.htm
Alan Greenspans thoughts on Gold back when he could say what he really thought.
Participanthttp://www.constitution.org/mon/greenspan_gold.htm
Alan Greenspans thoughts on Gold back when he could say what he really thought.
Participanthttp://www.constitution.org/mon/greenspan_gold.htm
Alan Greenspans thoughts on Gold back when he could say what he really thought.
Participanthttp://www.constitution.org/mon/greenspan_gold.htm
Alan Greenspans thoughts on Gold back when he could say what he really thought.
Participanthttp://www.constitution.org/mon/greenspan_gold.htm
Alan Greenspans thoughts on Gold back when he could say what he really thought.
ParticipantYep, I agree with the Realtors…….THIS TIME IS DIFFERENT!
During the early 2000’s the FED caused a realestate bubble across the nation both by driving rates down too low and allowing easy credit.
Now in a desperate attempt to thwart a Great Depression it has dropped rates to a point that is LOWER than what caused the great real estate bubble of the 2000’s!!
It is illogical to think San Diego real estate is being affected to a large degree by interest rates. We here in San Diego are in a new paradigm, this time IS different.
We all know that even if the FED would have kept interest rates at a level that didn’t rob the Prudent savers out there over the last 10 years, the huge run up in San Diego would have still occurred.
It is only coincidence that a bubble occurred nationally at the same time San Diego underwent its “repricing” to fair market value.
It is a new age.
ParticipantYep, I agree with the Realtors…….THIS TIME IS DIFFERENT!
During the early 2000’s the FED caused a realestate bubble across the nation both by driving rates down too low and allowing easy credit.
Now in a desperate attempt to thwart a Great Depression it has dropped rates to a point that is LOWER than what caused the great real estate bubble of the 2000’s!!
It is illogical to think San Diego real estate is being affected to a large degree by interest rates. We here in San Diego are in a new paradigm, this time IS different.
We all know that even if the FED would have kept interest rates at a level that didn’t rob the Prudent savers out there over the last 10 years, the huge run up in San Diego would have still occurred.
It is only coincidence that a bubble occurred nationally at the same time San Diego underwent its “repricing” to fair market value.
It is a new age.
ParticipantYep, I agree with the Realtors…….THIS TIME IS DIFFERENT!
During the early 2000’s the FED caused a realestate bubble across the nation both by driving rates down too low and allowing easy credit.
Now in a desperate attempt to thwart a Great Depression it has dropped rates to a point that is LOWER than what caused the great real estate bubble of the 2000’s!!
It is illogical to think San Diego real estate is being affected to a large degree by interest rates. We here in San Diego are in a new paradigm, this time IS different.
We all know that even if the FED would have kept interest rates at a level that didn’t rob the Prudent savers out there over the last 10 years, the huge run up in San Diego would have still occurred.
It is only coincidence that a bubble occurred nationally at the same time San Diego underwent its “repricing” to fair market value.
It is a new age.
ParticipantYep, I agree with the Realtors…….THIS TIME IS DIFFERENT!
During the early 2000’s the FED caused a realestate bubble across the nation both by driving rates down too low and allowing easy credit.
Now in a desperate attempt to thwart a Great Depression it has dropped rates to a point that is LOWER than what caused the great real estate bubble of the 2000’s!!
It is illogical to think San Diego real estate is being affected to a large degree by interest rates. We here in San Diego are in a new paradigm, this time IS different.
We all know that even if the FED would have kept interest rates at a level that didn’t rob the Prudent savers out there over the last 10 years, the huge run up in San Diego would have still occurred.
It is only coincidence that a bubble occurred nationally at the same time San Diego underwent its “repricing” to fair market value.
It is a new age.
ParticipantYep, I agree with the Realtors…….THIS TIME IS DIFFERENT!
During the early 2000’s the FED caused a realestate bubble across the nation both by driving rates down too low and allowing easy credit.
Now in a desperate attempt to thwart a Great Depression it has dropped rates to a point that is LOWER than what caused the great real estate bubble of the 2000’s!!
It is illogical to think San Diego real estate is being affected to a large degree by interest rates. We here in San Diego are in a new paradigm, this time IS different.
We all know that even if the FED would have kept interest rates at a level that didn’t rob the Prudent savers out there over the last 10 years, the huge run up in San Diego would have still occurred.
It is only coincidence that a bubble occurred nationally at the same time San Diego underwent its “repricing” to fair market value.
It is a new age.
ParticipantTell your landlord you want the asbestos address, which means once work is done all dust should be removed and all disturbed surfaces should be sealed and or painted.
If everything is sealed and the dust is cleaned up it shouldn’t matter what your neighbor does.
Don’t get me wrong, asbestos is a health concern but I think constant exposure is what a person needs to worry about. A one time incident, especially if the area is cleaned, should not be of worry.
I worked around asbestos for 3 years 30 years ago so have done my fair share of research. You will find the web sites that preach paranoia but what they don’t tell you is virtually everyone over 50 has had a fair amount of asbestos exposure in their life, beginning with the ceilings in most grade schools.
ParticipantTell your landlord you want the asbestos address, which means once work is done all dust should be removed and all disturbed surfaces should be sealed and or painted.
If everything is sealed and the dust is cleaned up it shouldn’t matter what your neighbor does.
Don’t get me wrong, asbestos is a health concern but I think constant exposure is what a person needs to worry about. A one time incident, especially if the area is cleaned, should not be of worry.
I worked around asbestos for 3 years 30 years ago so have done my fair share of research. You will find the web sites that preach paranoia but what they don’t tell you is virtually everyone over 50 has had a fair amount of asbestos exposure in their life, beginning with the ceilings in most grade schools.
ParticipantTell your landlord you want the asbestos address, which means once work is done all dust should be removed and all disturbed surfaces should be sealed and or painted.
If everything is sealed and the dust is cleaned up it shouldn’t matter what your neighbor does.
Don’t get me wrong, asbestos is a health concern but I think constant exposure is what a person needs to worry about. A one time incident, especially if the area is cleaned, should not be of worry.
I worked around asbestos for 3 years 30 years ago so have done my fair share of research. You will find the web sites that preach paranoia but what they don’t tell you is virtually everyone over 50 has had a fair amount of asbestos exposure in their life, beginning with the ceilings in most grade schools.
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