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RagnarokOP
It`s being absolutely destroyed in the markets right now. :P
Gold!!
Started by Ragnarok
· 16/04/2013 · 02:17 PM
· 8 replies
· 0 reads
The cycles of revitalization and gentrification are not ones you want to pin your assets nor future to... But I don`t believe that is what backoff is suggesting. You can purchase property of all sorts for far below market value still, leftovers from the housing bust and it`s ensuing foreclosures.
Well when recession kicks out if the area is still safe its desirable and the value sky rockets again.
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RagnarokOP
What`s the point in getting a great deal on a house if the area the house is in is completely destroyed by recession and no longer a desirable to live in? I heard that`s what happened to a lot of places in Michigan.
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backoff
it might juz hit down to USD $1200-1250 region, watch out...yipeeee......really hope recession is coming, then i can buy a house.....Housing prices now is really sky high~~
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Apollo
its a good thing my fortune is in video game gold
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Omegian
All my bitcoins, nooooooooo
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RagnarokOP
Yup, it appears the world is up for one more big boom before the final ka-blammy!! :D
All this really sucks for gold and silver miners though. A lot of them will be shutting down operations in the coming months. Start buying puts every time gold stocks manage to rally.
All this really sucks for gold and silver miners though. A lot of them will be shutting down operations in the coming months. Start buying puts every time gold stocks manage to rally.
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Africa
Well, the financial crisis didnt end the world as some thought it would so doenst it make sense that it would drop a bit to reflect that in spite of all, there are glimmers of hope for the world economy?
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