posted on Jul, 8 2006 @ 01:27 AM
Originally posted by El Che
Oh my God!!! This bad can this really happen? I do plan to move soon but maybe soon than I thought! Thanks for tell us. Wait can we stop this some
to stop it, the .gov would have to step in and make the insurance companies raise the nations rates accross the board, a fraction of the hike florida
ppl are getting. in other words, we need an act of congress.
the best thing to do if you are planning on purchasing a home would be to hold off until after the market crashes. this will equal cheaper homes.
good if you don't own one, but bad if your wealth is based the the equity you have in real estate.
i advise ppl to buy lots of silver bullion, which is about to have a major jump in price. the ouput of silver mines is about to fall short of demand.
silver is mainly used by mints, like the US Mint and china's mint. when supply surpases demand, the price will jump. its been about 10-12 bucks an
ounce, so its affordable for the average person.
gold is also a good one, but less affordable unless you are buying more than $25,000.00. for all your bullion purchases, i suggest
or you could get hardcore with some chemistry and extract platinum group metals from catalytic converters. at over one grand an ounce, a gram of
platinum is worth about 35 bucks. the average converter has 3-4 grams of PGM in it, more if its from an expensive import car. you do the math, and
head to your local junkyard.
any of these suggestions is a smooth move for anyone, especially if you are doing that instead of putting that down payment on that double-wide
you've been eye'n.
i don't care if its gonna have a block foundation and you build a front porch on it, you'll lose your ass. horde shiny things instead!
if you still insist on buying a home right now, i've got a bridge accross the hudson river i'll lease to you...