
05-10-2010, 09:40 AM
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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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05-10-2010, 09:48 AM
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364 posts, read 788,354 times
Reputation: 100
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Quote:
Originally Posted by manderly6
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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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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05-10-2010, 10:50 AM
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Location: Columbia, SC
10,557 posts, read 20,522,906 times
Reputation: 9643
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I wish I could give you more than 1 point for that. You made chuckle. 
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05-10-2010, 10:53 AM
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Location: Barrington
63,944 posts, read 43,460,315 times
Reputation: 20616
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Quote:
Originally Posted by Brandon Hoffman
I wish I could give you more than 1 point for that. You made chuckle. 
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Ditto. 
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05-10-2010, 11:03 AM
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350 posts, read 1,233,180 times
Reputation: 293
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Probably should have waited until the market closed before you start trolling. Just couldn't help yourself huh?
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05-10-2010, 11:23 AM
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Location: Tempe, Arizona
4,511 posts, read 13,012,339 times
Reputation: 2200
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Quote:
Originally Posted by SXN
Probably should have waited until the market closed before you start trolling. Just couldn't help yourself huh?
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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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05-10-2010, 03:25 PM
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12,137 posts, read 11,289,650 times
Reputation: 8128
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Funny stuff! 1 rep point coming right up!
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05-12-2010, 12:59 PM
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Location: Albuquerque
5,548 posts, read 15,336,425 times
Reputation: 2743
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Quote:
Originally Posted by Delphi
... easy to force the Govt to print money. ...
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The government doesn't print money. They print currency.
Gold is the only money. All currencies depreciate against gold.
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05-12-2010, 05:16 PM
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Location: Lowcountry
764 posts, read 1,535,027 times
Reputation: 416
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Quote:
Originally Posted by mortimer
The government doesn't print money. They print currency.
Gold is the only money. All currencies depreciate against gold.
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If only our elected officials could understand this concept......
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