Ken, they did put out a report that younger adults are not buying homes and that they now out number the baby boomers.
Interest rates will not go up this year. Can anyone say, deflation?
I believe we are going towards political change in China. Communist control of an economy only lasts so long. Ask the Soviet Union. Beats me what to do now. Maybe dollars under the matress is a good holding. But which nations dollars is the question. Silver and gold.
What Buffett really said was. "When the tide goes out you see who has been swimming naked." Wear your swim suit in these markets now. "Your gonna need a bigger boat." The US reminds me of the stern portion of the Titanic which stayed afloat for a little while after the bow broke off and sank. We will sink too and their are no lifeboats back here.
Everyone on these boards is an expert? Yet no one has that much money. I wish I knew as much as my ego says I know. A famous quote from a former secretary of defense: "....and then there are the unknown unknowns." For $200. and the win who said it?
Don't bogart that joint my freind, pass it over to me. Driving that train high on cocaine Casey Jones you better watch your speed. Heading up 4th street, turning down Main, looking for that girl that sells cocaine. What part of we are done as a country don't you get?
As for me the price tells a story I am not aware of. If she continues to slip I will find something else.
Data mining. My health insurance company found out I smoke. How? They get info on what I buy with my credit card.