[sobmaz]

Gold will tell you what to do.

If Gold sets a new high, above 1045, it means inflation is on the way. If that is the case, borrow all that you can at 5% because inflation will take care of what you REALLY owe.

Someone pointed out deflationists and inflationists both have good arguments, which is true….but what does your common sense tell you?

My commonsense says that if the Gooberment prints trillions, borrows additional trillions, there is a problem. If the u.s. ends up with a 20 trillion national debt, (now forecasted in four more years) and 30 year rates go to 6% (very low historically so highly probable) then the interest on the debt would be 1.2 trillion a year or HALF of federal tax receipts!

Common sense says the only thing that will bail out the federal government is inflation. Common sense says if unemployment is high, millions of people are not producing. If millions are not producing that means fewer goods and services. If the Fed is printing and there is more money going after fewer goods and services that would be highly inflationary.

The deflationists claim that excess labor will keep inflation at bay. Well, NEWS FLASH, we have had one other inflationary period, 70’s and 80’s, DOES ANYONE CARE TO LOOK AT THE UNEMPLOYMENT RATE DURING THAT PERIOD?

[sobmaz]

Gold will tell you what to do.

If Gold sets a new high, above 1045, it means inflation is on the way. If that is the case, borrow all that you can at 5% because inflation will take care of what you REALLY owe.

Someone pointed out deflationists and inflationists both have good arguments, which is true….but what does your common sense tell you?

My commonsense says that if the Gooberment prints trillions, borrows additional trillions, there is a problem. If the u.s. ends up with a 20 trillion national debt, (now forecasted in four more years) and 30 year rates go to 6% (very low historically so highly probable) then the interest on the debt would be 1.2 trillion a year or HALF of federal tax receipts!

Common sense says the only thing that will bail out the federal government is inflation. Common sense says if unemployment is high, millions of people are not producing. If millions are not producing that means fewer goods and services. If the Fed is printing and there is more money going after fewer goods and services that would be highly inflationary.

The deflationists claim that excess labor will keep inflation at bay. Well, NEWS FLASH, we have had one other inflationary period, 70’s and 80’s, DOES ANYONE CARE TO LOOK AT THE UNEMPLOYMENT RATE DURING THAT PERIOD?

[sobmaz]

Yep.

We are all assured foreclosures are coming and banks are already sitting on plenty as well.

If there are bidding wars, why wouldn’t the banks be clearing some of this “ghost” inventory? The Banks are stupid but stupid enough to hold inventory until after the spring rush ends?

No bubble in history has ever been reflated.
But, never in history has the worlds leading economic power blown so hard to reflate.

In my opinion you will not see prices come down to reality (like North Park) until 30 year rates move back up.

Every day I wake up to find out that our Government/Fed is doing something that everyone said they were not supposed to be able to do!

Up until about 2 years ago, the Fed supposedly could not control 30 year rates. Now they totally control them.

My fear is the Fed is able to control rates long enough that inflation picks up a couple years before the Fed gets out of the Mortgage manipulation business and housing prices correct via inflation by treading water at current prices.

I hope I am wrong but I continually see the Fed putting its money where its mouth is while I hear a bunch of hot air about the “foreclosure explosion”.

[sobmaz]

Yep.

We are all assured foreclosures are coming and banks are already sitting on plenty as well.

If there are bidding wars, why wouldn’t the banks be clearing some of this “ghost” inventory? The Banks are stupid but stupid enough to hold inventory until after the spring rush ends?

No bubble in history has ever been reflated.
But, never in history has the worlds leading economic power blown so hard to reflate.

In my opinion you will not see prices come down to reality (like North Park) until 30 year rates move back up.

Every day I wake up to find out that our Government/Fed is doing something that everyone said they were not supposed to be able to do!

Up until about 2 years ago, the Fed supposedly could not control 30 year rates. Now they totally control them.

My fear is the Fed is able to control rates long enough that inflation picks up a couple years before the Fed gets out of the Mortgage manipulation business and housing prices correct via inflation by treading water at current prices.

I hope I am wrong but I continually see the Fed putting its money where its mouth is while I hear a bunch of hot air about the “foreclosure explosion”.

[sobmaz]

Yep.

We are all assured foreclosures are coming and banks are already sitting on plenty as well.

If there are bidding wars, why wouldn’t the banks be clearing some of this “ghost” inventory? The Banks are stupid but stupid enough to hold inventory until after the spring rush ends?

No bubble in history has ever been reflated.
But, never in history has the worlds leading economic power blown so hard to reflate.

In my opinion you will not see prices come down to reality (like North Park) until 30 year rates move back up.

Every day I wake up to find out that our Government/Fed is doing something that everyone said they were not supposed to be able to do!

Up until about 2 years ago, the Fed supposedly could not control 30 year rates. Now they totally control them.

My fear is the Fed is able to control rates long enough that inflation picks up a couple years before the Fed gets out of the Mortgage manipulation business and housing prices correct via inflation by treading water at current prices.

I hope I am wrong but I continually see the Fed putting its money where its mouth is while I hear a bunch of hot air about the “foreclosure explosion”.

[sobmaz]

Yep.

We are all assured foreclosures are coming and banks are already sitting on plenty as well.

If there are bidding wars, why wouldn’t the banks be clearing some of this “ghost” inventory? The Banks are stupid but stupid enough to hold inventory until after the spring rush ends?

No bubble in history has ever been reflated.
But, never in history has the worlds leading economic power blown so hard to reflate.

In my opinion you will not see prices come down to reality (like North Park) until 30 year rates move back up.

Every day I wake up to find out that our Government/Fed is doing something that everyone said they were not supposed to be able to do!

Up until about 2 years ago, the Fed supposedly could not control 30 year rates. Now they totally control them.

My fear is the Fed is able to control rates long enough that inflation picks up a couple years before the Fed gets out of the Mortgage manipulation business and housing prices correct via inflation by treading water at current prices.

I hope I am wrong but I continually see the Fed putting its money where its mouth is while I hear a bunch of hot air about the “foreclosure explosion”.

[sobmaz]

Yep.

We are all assured foreclosures are coming and banks are already sitting on plenty as well.

If there are bidding wars, why wouldn’t the banks be clearing some of this “ghost” inventory? The Banks are stupid but stupid enough to hold inventory until after the spring rush ends?

No bubble in history has ever been reflated.
But, never in history has the worlds leading economic power blown so hard to reflate.

In my opinion you will not see prices come down to reality (like North Park) until 30 year rates move back up.

Every day I wake up to find out that our Government/Fed is doing something that everyone said they were not supposed to be able to do!

Up until about 2 years ago, the Fed supposedly could not control 30 year rates. Now they totally control them.

My fear is the Fed is able to control rates long enough that inflation picks up a couple years before the Fed gets out of the Mortgage manipulation business and housing prices correct via inflation by treading water at current prices.

I hope I am wrong but I continually see the Fed putting its money where its mouth is while I hear a bunch of hot air about the “foreclosure explosion”.

[sobmaz]

The banks now have strict lending standards, so we are told.

Sales are surging, inventory is plunging. The stock market is up 25% and everyone is talking recovery late this year. “glimmers of hope” they call it.

Now, if I were a fence sitter I could see myself seriously sucked into this. In fact, there is a good chance I would be out there buying except that the cash for my house is in CDs that expire late this year so I have to wait. One of the reasons my CDs expire when they do is I was afraid of the time (like now) when emotion would get the best of me.

Anyway, I would guess that upwards of 80% of the “fence sitters” are jumping into the market. Does anyone have a clue when this group of buyers begins to exhaust its self?

[sobmaz]

The banks now have strict lending standards, so we are told.

Sales are surging, inventory is plunging. The stock market is up 25% and everyone is talking recovery late this year. “glimmers of hope” they call it.

Now, if I were a fence sitter I could see myself seriously sucked into this. In fact, there is a good chance I would be out there buying except that the cash for my house is in CDs that expire late this year so I have to wait. One of the reasons my CDs expire when they do is I was afraid of the time (like now) when emotion would get the best of me.

Anyway, I would guess that upwards of 80% of the “fence sitters” are jumping into the market. Does anyone have a clue when this group of buyers begins to exhaust its self?

[sobmaz]

The banks now have strict lending standards, so we are told.

Sales are surging, inventory is plunging. The stock market is up 25% and everyone is talking recovery late this year. “glimmers of hope” they call it.

Now, if I were a fence sitter I could see myself seriously sucked into this. In fact, there is a good chance I would be out there buying except that the cash for my house is in CDs that expire late this year so I have to wait. One of the reasons my CDs expire when they do is I was afraid of the time (like now) when emotion would get the best of me.

Anyway, I would guess that upwards of 80% of the “fence sitters” are jumping into the market. Does anyone have a clue when this group of buyers begins to exhaust its self?

[sobmaz]

The banks now have strict lending standards, so we are told.

Sales are surging, inventory is plunging. The stock market is up 25% and everyone is talking recovery late this year. “glimmers of hope” they call it.

Now, if I were a fence sitter I could see myself seriously sucked into this. In fact, there is a good chance I would be out there buying except that the cash for my house is in CDs that expire late this year so I have to wait. One of the reasons my CDs expire when they do is I was afraid of the time (like now) when emotion would get the best of me.

Anyway, I would guess that upwards of 80% of the “fence sitters” are jumping into the market. Does anyone have a clue when this group of buyers begins to exhaust its self?

[sobmaz]

The banks now have strict lending standards, so we are told.

Sales are surging, inventory is plunging. The stock market is up 25% and everyone is talking recovery late this year. “glimmers of hope” they call it.

Now, if I were a fence sitter I could see myself seriously sucked into this. In fact, there is a good chance I would be out there buying except that the cash for my house is in CDs that expire late this year so I have to wait. One of the reasons my CDs expire when they do is I was afraid of the time (like now) when emotion would get the best of me.

Anyway, I would guess that upwards of 80% of the “fence sitters” are jumping into the market. Does anyone have a clue when this group of buyers begins to exhaust its self?

[sobmaz]

I get a kick of how stupid people really are.

Go back to the archives of the Senate and House and see who introduced bills that would lead to less reliance on petroleum. Notice who squashed that legislation.

The latest proof is when Bush came in he immediately did away with the CAFE standards (at the automakers bidding). If the Democratic CAFE standards had been imposed, Detroit would already have the fleets of higher economy autos. The U.S. would be importing a minimum of 1 million barrels per day less.

Instead Republicans got their way. No mileage standards, big, fat SUVs that suck up the gas and Detroit in shambles. AND, now, they are successful and blaming Democrats for oil prices!.

I don’t know about you, but I sleep better at night knowing this nation has a huge STRATIGIC RESERVE of petroleum to cushion our transition away from that energy source.

Bush doesn’t think 5.00 gasoline is enough to dip into the Strategic reserve that was created…..The Demos don’t think 5.00 gas is enough to dip into the Strategic reserve nature gave us. What’s the difference? Neither will solve our problem, only alternative energies will.

[sobmaz]

I get a kick of how stupid people really are.

Go back to the archives of the Senate and House and see who introduced bills that would lead to less reliance on petroleum. Notice who squashed that legislation.

The latest proof is when Bush came in he immediately did away with the CAFE standards (at the automakers bidding). If the Democratic CAFE standards had been imposed, Detroit would already have the fleets of higher economy autos. The U.S. would be importing a minimum of 1 million barrels per day less.

Instead Republicans got their way. No mileage standards, big, fat SUVs that suck up the gas and Detroit in shambles. AND, now, they are successful and blaming Democrats for oil prices!.

I don’t know about you, but I sleep better at night knowing this nation has a huge STRATIGIC RESERVE of petroleum to cushion our transition away from that energy source.

Bush doesn’t think 5.00 gasoline is enough to dip into the Strategic reserve that was created…..The Demos don’t think 5.00 gas is enough to dip into the Strategic reserve nature gave us. What’s the difference? Neither will solve our problem, only alternative energies will.

[sobmaz]

I get a kick of how stupid people really are.

Go back to the archives of the Senate and House and see who introduced bills that would lead to less reliance on petroleum. Notice who squashed that legislation.

The latest proof is when Bush came in he immediately did away with the CAFE standards (at the automakers bidding). If the Democratic CAFE standards had been imposed, Detroit would already have the fleets of higher economy autos. The U.S. would be importing a minimum of 1 million barrels per day less.

Instead Republicans got their way. No mileage standards, big, fat SUVs that suck up the gas and Detroit in shambles. AND, now, they are successful and blaming Democrats for oil prices!.

I don’t know about you, but I sleep better at night knowing this nation has a huge STRATIGIC RESERVE of petroleum to cushion our transition away from that energy source.

Bush doesn’t think 5.00 gasoline is enough to dip into the Strategic reserve that was created…..The Demos don’t think 5.00 gas is enough to dip into the Strategic reserve nature gave us. What’s the difference? Neither will solve our problem, only alternative energies will.

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