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sobmazParticipant
I get a kick out of people blabbing about a Gold bubble when Gold is 150.00 higher than its peak nearly 30 years ago!
I fully agree with you.
Most people have never owned gold and never will. When gold goes up a few hundred dollars over decades people scream bubble yet don’t even talk about bubbles in housing and stock markets until they quadruple.
If dollars can be printed endlessly how can they be a place to park ones wealth? That is what gold is all about.
sobmazParticipant“cash4Gold” commercials mean gold is at a top?
Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.
As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.
When the dollar took over as the world reserve currency Gold had little use besides Jewelry.
Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.
sobmazParticipant“cash4Gold” commercials mean gold is at a top?
Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.
As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.
When the dollar took over as the world reserve currency Gold had little use besides Jewelry.
Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.
sobmazParticipant“cash4Gold” commercials mean gold is at a top?
Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.
As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.
When the dollar took over as the world reserve currency Gold had little use besides Jewelry.
Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.
sobmazParticipant“cash4Gold” commercials mean gold is at a top?
Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.
As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.
When the dollar took over as the world reserve currency Gold had little use besides Jewelry.
Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.
sobmazParticipant“cash4Gold” commercials mean gold is at a top?
Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.
As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.
When the dollar took over as the world reserve currency Gold had little use besides Jewelry.
Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.
sobmazParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
sobmazParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
sobmazParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
sobmazParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
sobmazParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
August 25, 2009 at 7:16 AM in reply to: Should I go after my previous landlord for my security deposit ? #448627sobmazParticipantIt is amazing to me that you clearly state you DID NOT BREAK THE LEASE. You stated “”””””””””””””””””””””””””””Either Landlord or Tenant may terminate this lease at the expiration of said Lease or any extension thereof by giving the other thirty (30) days written notice prior to the due date.””””””””””””””””””””””
Yet…..you have so many saying “you broke a lease, be happy they don’t get you for more” or something to that effect.
Wear and tear is not considered damage unless it is excessive. If you are familiar with the small claims process it wouldn’t hurt to pursue it. However, lets say there was damage before you moved in. An example would be a red glass ring on the white cultured marble in the bathroom. Did you document that red ring before you moved in? It would be your word against his unless you wrote down every bit of preexisting damage on the move in report.
August 25, 2009 at 7:16 AM in reply to: Should I go after my previous landlord for my security deposit ? #448820sobmazParticipantIt is amazing to me that you clearly state you DID NOT BREAK THE LEASE. You stated “”””””””””””””””””””””””””””Either Landlord or Tenant may terminate this lease at the expiration of said Lease or any extension thereof by giving the other thirty (30) days written notice prior to the due date.””””””””””””””””””””””
Yet…..you have so many saying “you broke a lease, be happy they don’t get you for more” or something to that effect.
Wear and tear is not considered damage unless it is excessive. If you are familiar with the small claims process it wouldn’t hurt to pursue it. However, lets say there was damage before you moved in. An example would be a red glass ring on the white cultured marble in the bathroom. Did you document that red ring before you moved in? It would be your word against his unless you wrote down every bit of preexisting damage on the move in report.
August 25, 2009 at 7:16 AM in reply to: Should I go after my previous landlord for my security deposit ? #449159sobmazParticipantIt is amazing to me that you clearly state you DID NOT BREAK THE LEASE. You stated “”””””””””””””””””””””””””””Either Landlord or Tenant may terminate this lease at the expiration of said Lease or any extension thereof by giving the other thirty (30) days written notice prior to the due date.””””””””””””””””””””””
Yet…..you have so many saying “you broke a lease, be happy they don’t get you for more” or something to that effect.
Wear and tear is not considered damage unless it is excessive. If you are familiar with the small claims process it wouldn’t hurt to pursue it. However, lets say there was damage before you moved in. An example would be a red glass ring on the white cultured marble in the bathroom. Did you document that red ring before you moved in? It would be your word against his unless you wrote down every bit of preexisting damage on the move in report.
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