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Valero Energy Corporation Message Board

  • idpatton01 idpatton01 Aug 3, 2014 9:18 PM Flag

    India and Hang Seng getting slammed

    india down 400
    Hang Seng down 200
    Nikki down 100
    US futures if though they show plus 26 they are still down 60
    Stay away from commodities gold, silver, corn, oil
    Stay away from stock s that rely on these commodities
    Lets talk about wages before we talk about home sales
    They are pricing the American worker equal to the same worker that is in China
    They are pricing the American worker the same as the workers from developing 3rd world countries
    They cant buy homes and the younger generation does not want the debt ball around their neck because the wages are to low
    Those that have two mortgages......You are about to lean what capitialism is all about
    You will loseone of these homes and you will be counted as one of those that failed
    Real estate is a dead sset class because it has not ridden yet you purchased the asset even at depressed prices still at historic highs
    Pretty incredible huh

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