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And most of OUR state's natural gas will be exported to the natural gas challenged midwest, right?
You've got it. The Rockies Express pipeline, now nearing completion, will go all the way to Ohio, where it will connect with other pipelines headed into the East Coast. Great for the gas producers in the Rocky Mountain West, but it will raise the retail cost of natural gas here by a bunch. There are already other pipelines, like Kern River headed to the West Coast as an example, that are either scheduled to be, or being talked about being expanded, too.
Dollar....If I sell my house for double what I paid, I'll think I broke even.
When you factor market declines with dollar declines, you can realize that the front range lost half its real estate wealth in the last few years.
not to pick on you, but why didn't you sell your house, rent, and invest the proceeds in gold if you knew real estate is a bad deal? or sell the dollar by buying currencies (except the j-yen, which has been crummy)? or another hard asset? i'll tell you why...because most folks suck at timing buys and sells of anything. take the gold buyers (please) in 1980 who knew gold would go to $2000, however, it took them 27 years to break even while during the same time california real estate owners doubled their money and then doubled it again. but if you bought gold in 01, then gold good, ca real estate good until 05, then bad.
Easy - wishful thinking, a la the status quo. Where'd that 'Future's Soooo Bright' guy disappear to, anyway?!
I'm still here, but there is nothing new on this thread to comment on ref:my last post.
We still have the same people complaining about the unaffordability of houses AND the downturn in the housing market. It doesn't matter if the prices go up or down, it is still bad..... nothing new.
One new thing I noticed.. the attacks on out of staters became personal. I think even th moderators got tired of reading the negativity feeding off itself.
In the mean time, the economy still looks good - especially in Colorado. Exports are up, interest rates are down, and the market is rebounding.
When looking at the economy, don't confuse speed with acceleration. A lack of acceleration is not an indication of slow speed - especially if you have accelerated at a high rate in the recent past.
Future's sooooo bright
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