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Edison NJ
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<blockquote data-quote="klein" data-source="post: 636584" data-attributes="member: 23950"><p>I disagree.</p><p>If you are offered your own home, for less rent then you pay... now who wouldn't take that ?</p><p>And, basically promised a profit, by the house being more worth in the future.</p><p> </p><p>Just alone, less mortgage then rent... would get anyone interessted.</p><p> </p><p>The banks put out such a bait, that almost any fish would have biten !</p><p> </p><p>I seen the whole story about that.</p><p>Wall Street, Financial and mortgage companies selling housings funds to make a PROFIT... , only problem was, more and more invested into it, and they needed more realestate. So, they started selling to almost anyone.</p><p>(all thanks to deregulation from Ronnie R).</p><p> </p><p>It came to a burst.</p><p>Anything that is highly invested in, comes to a burst.</p><p>Such as tech stocks in 2000.</p><p> </p><p>Gold might be ready to burst soon, too.</p><p>All depends on the US dollar now.</p><p> </p><p>If it manages to stay steady, so will gold.</p><p>But, if it keeps diving... then the US dollar will be replaced, by probably the Euro for commidity trading (and gold will burst).</p><p>If the dollar heads back up to where it was... Gold will also burst.</p><p> </p><p>It's a fragile market out there.</p></blockquote><p></p>
[QUOTE="klein, post: 636584, member: 23950"] I disagree. If you are offered your own home, for less rent then you pay... now who wouldn't take that ? And, basically promised a profit, by the house being more worth in the future. Just alone, less mortgage then rent... would get anyone interessted. The banks put out such a bait, that almost any fish would have biten ! I seen the whole story about that. Wall Street, Financial and mortgage companies selling housings funds to make a PROFIT... , only problem was, more and more invested into it, and they needed more realestate. So, they started selling to almost anyone. (all thanks to deregulation from Ronnie R). It came to a burst. Anything that is highly invested in, comes to a burst. Such as tech stocks in 2000. Gold might be ready to burst soon, too. All depends on the US dollar now. If it manages to stay steady, so will gold. But, if it keeps diving... then the US dollar will be replaced, by probably the Euro for commidity trading (and gold will burst). If the dollar heads back up to where it was... Gold will also burst. It's a fragile market out there. [/QUOTE]
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