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  1. M

    Deflation and Gold prices in Japan in the 90s

    Greetings, I am looking for the price of gold in Yen through the 90s. I am interested in how the price reacted to deflation. If anyone can point me to a source I would appreciate it. Thanks Pain
  2. M

    Can Gas Hold $135+ for Long???

    The guys on Mythbuster tested this or another system like it. It made hydrogen but not enough to run anything. The hooked up a regular car engine to a hydrogen tank and it worked.
  3. M

    GM Bankruptcy Thread

    Put German cars in there too. They are great to drive but have big problems after the warrantees goes. I would take a Mercedes from the 80s any day but wouldn’t touch a BMW, Mercedes, Audi or VW built in the last 7 years.
  4. M

    Mr Mortgage May CA Housing Report

    Interesting scary stuff. I love this guy's work http://www.youtube.com/watch?v=nlmMQOpG14o http://mrmortgage.ml-implode.com/ DataQuick just released its May CA Home Sales report…‘more homes sold’, which on the surface looks great! But the real numbers were far from it. Although...
  5. M

    Mortgage rates are rising fast II

    You have to watch this http://www.youtube.com/watch?v=pmeBSWI9sF8&feature=user I went to the NYFed and the reports are there. We haven't seen anything yet.
  6. M

    Determined to get their money back

    When you are in any debt you are a slave. You can settle with your creditors. Contact them and let them know your parents are willing to help but they can’t pay it all. You can probably settle for 50% on your car deficiency and 60 – 75% of your CC bills. Get a real job and save...
  7. M

    Foreclosures Rise 158% from May 2007

    http://www.youtube.com/watch?v=pmeBSWI9sF8&feature=related Take a look at this. I went to see the fed report myself and it is very ugly. I think the next larger wave is about to overtake the boat. :(
  8. M

    surprise rate hike?

    These cuts are killing me. My home heating bill is $1k per month now. Thanks Ben for looking out for homeowners like this.
  9. M

    Fed drops $100B on top of $100B TAF

    http://business.timesonline.co.uk/tol/business/economics/article3508468.ece The time take on it. This is very bad. :eek:
  10. M

    US Fed releases $200bn as credit crisis hits new depths

    Quite a story at the Times http://business.timesonline.co.uk/tol/business/economics/article3508468.ece "The global credit crisis plunged to new depths yesterday as persistent fears over the collapse of a large financial institution caused funding markets to dry up and forced the US...
  11. M

    GM losses $39B per AP

    Wow, Things are really great these days. You sank my battleship. This is per CNN. This can't be right but will make some interesting waves.
  12. M

    great article ob Credit Card debt

    I read this http://articles.moneycentral.msn.com/Banking/CreditCardSmarts/IsBankofAmericaBlindsidingCardholders.aspx "some consumers complain, Bank of America is increasing rates based on no apparent deterioration in their credit scores at all" It would seem they are trying to push some...
  13. M

    RED ALERT- Negative Bank Reserves

    Or you could say they have maximized their potential to make a profit. They make money on the difference between what they lend at and pay. Having lots of $ sitting in a vault does not make them money. As long as the Feds say they will insure $100k and there is no wide scale bank run, it’s...
  14. M

    RED ALERT- Negative Bank Reserves

    This is for a transfer, you can withdraw it, just not transfer it. I agree this looks more like anti money laundering rules than anti panic rules. As far as the article, this was the key part “U.S. non-borrowed bank reserves have gone from $37B to $199M (nope, that's not a typo) in the...
  15. M

    Foreclosure site

    http://youwalkaway.com/index.html "What if you could live payment free for up to 8 months or more and walk away without owing a penny?" Oh yea, were doing great
  16. M

    Effect of rate cuts on Bonds?

    Hello all, I am trying to educate myself. I understand the effect of rate cuts and increases on stocks, but how do rate cuts affect bonds? I am looking at my 401k which only has 5 choices and 1 is a bond fund. I have the option of investing in a fund is invested in the Barclays U.S. Debt...
  17. M

    Either a BLACK TUESDAY, or Emergency Cut

    The Bush plan from last week and the reaction proved this. The basis of our consumer economy is so unsound, a rate cut might save the decline for a week.
  18. M

    Barett Jackson Car Auction-lower Prices This Year?

    With stagflation, putting money into a car may be the best investment. I am trying to figure out what to do with my money. The stockmarket is going down, inflation eats it in the bank and Im not ready to touch RE again yet.
  19. M

    if countrywide belly up

    Or if it is in the terms, call them. That is fun. I saw a ton of loans called in the early 90s that wiped out a bunch of folks who were never behind
  20. M

    The best explanation available of the subprime mess youll see today

    Thank you. This is great.:D
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