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Old 05-10-2010, 09:40 AM
 
Location: NJ
17,578 posts, read 44,146,267 times
Reputation: 16243

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I wonder how many people that were fully invested and saving to buy a house, made a lot of money (their downpayment)today with the surging stock market?
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Old 05-10-2010, 09:48 AM
 
364 posts, read 788,354 times
Reputation: 100
Quote:
Originally Posted by manderly6 View Post
I wonder how many people that were fully invested and saving to buy a house, made a lot of money (their downpayment)today with the surging stock market?
It's all about printing money. Be is US FED or ECB. Free money to prop the market.

These days, it's easy to force the Govt to print money. Tank the market for 1000 points and get 700 Billion $ of free money.

Funny market.
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Old 05-10-2010, 10:50 AM
 
Location: Columbia, SC
10,557 posts, read 20,522,906 times
Reputation: 9643
I wish I could give you more than 1 point for that. You made chuckle.
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Old 05-10-2010, 10:53 AM
 
Location: Barrington
63,944 posts, read 43,460,315 times
Reputation: 20616
Quote:
Originally Posted by Brandon Hoffman View Post
I wish I could give you more than 1 point for that. You made chuckle.
Ditto.
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Old 05-10-2010, 11:03 AM
SXN
 
350 posts, read 1,233,180 times
Reputation: 293
Probably should have waited until the market closed before you start trolling. Just couldn't help yourself huh?
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Old 05-10-2010, 11:23 AM
 
Location: Tempe, Arizona
4,511 posts, read 13,012,339 times
Reputation: 2200
Quote:
Originally Posted by SXN View Post
Probably should have waited until the market closed before you start trolling. Just couldn't help yourself huh?
SXN, this was a poke at this post (which also was a bit pemature):

//www.city-data.com/forum/real-...ay-ruined.html
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Old 05-10-2010, 03:25 PM
 
12,137 posts, read 11,289,650 times
Reputation: 8128
Funny stuff! 1 rep point coming right up!
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Old 05-12-2010, 12:59 PM
 
Location: Albuquerque
5,548 posts, read 15,336,425 times
Reputation: 2743
Quote:
Originally Posted by Delphi
... easy to force the Govt to print money. ...
The government doesn't print money. They print currency.

Gold is the only money. All currencies depreciate against gold.
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Old 05-12-2010, 05:16 PM
 
Location: Lowcountry
764 posts, read 1,535,027 times
Reputation: 416
Quote:
Originally Posted by mortimer View Post

The government doesn't print money. They print currency.

Gold is the only money. All currencies depreciate against gold.
If only our elected officials could understand this concept......
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