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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K)
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Poster Handle
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Anonymous Coward |
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Post Content
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With inflation/hyperinflation coming, only an idiot would rent and be forced to pay more and more every year!
Quoting: Anonymous Coward 13864401 well, you got a point there but seeing how 59% of all new jobs pay between $8-11.75 an hour there's no way I'd sign a mortgage. Just like the PM market, the Fed tries to force out weak hands (foreclosures) before they let the market shoot back up... Its all planned... Exactly! I'm long silver (physical) and figured now was either the bottom or near bottom of the housing market. Like anything else though you can't catch a falling knife. But I'm comfortable with this position. If I get the chance, I'll buy a little more silver. I think everybody should have 100+ oz so I'd love to have 2-3 times that. But the new house cut me a little cash (fiat) short. Keep the gold and silver...Dont sell that... You will be able to pay your property taxes with it (i.e. convert it back to worthless fiat)..
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