Subj : Re: USD to Gold and Silver
To   : hollowone
From : poindexter FORTRAN
Date : Tue Jun 06 2023 07:53:00

-=> hollowone wrote to warmfuzzy <=-

 ho> This is happening again, just different key players who try to pull the
 ho> strings. But regardless of the currency, I'm expecting another real
 ho> estate crash soon and having cash to buy back some properties at
 ho> bargain price from bankrupts is where I'm thinking to allocate my
 ho> money.

 We'll see how it plays out in grossly inflated markets. I'm in
 California, I don't know if people fell for adjustable rate mortgages
 when the rates were already low - if so, they'll be in for a shock.

 I'm keeping my eye out for rentals when the market dips.

 ho> That's what Russia and China would love to see as a green light for
 ho> further political expansions. That is what would most likely break EU
 ho> into parts as well, for many different reasons...

 I keep thinking of Greece and the problems they had. When an economy
 tanks, first step is to devalue the currency to increase exports and
 give a boost to tourism, bringing in foreign currency. Can't do that
 when you're tied to the euro.


.... Centrifugal force reacts to the rotating frame of reference.
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