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Old 05-10-2010, 09:40 AM
 
Location: NJ
17,573 posts, read 46,157,110 times
Reputation: 16279

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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 826,779 times
Reputation: 101
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
10,965 posts, read 21,993,410 times
Reputation: 10685
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
63,919 posts, read 46,765,593 times
Reputation: 20674
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 1,289,633 times
Reputation: 295
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 13,584,784 times
Reputation: 2201
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
 
Location: Hoosierville
17,427 posts, read 14,663,580 times
Reputation: 11647
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 16,085,640 times
Reputation: 2756
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 1,598,376 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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