Search results

  1. peilthetraveler

    Homeowners 'Choosing to Default On Mortgages' to Qualify for Federal Mortgage Relief

    Only about 235,000 homes and condos sold in 2006 in FL. 76% of that is 178,000 homes that are underwater out of a total population of 18.2 million people or a little less than 1% of the population. Also remember that alot of those homes bought were by out of state investors so the real number...
  2. peilthetraveler

    Many retailers will go bankrupt and commercial RE to fall SIGNIFICANTLY

    Last year a packet of top ramen was 12 cents in my local grocery store. now its 17 cents. Poor college students...how will they survive? On the other hand Maruchan Ramen is still only 14 cents a packet (up from 10 cents a year ago) (for those of you that dont know Maruchan Ramen is...
  3. peilthetraveler

    GDP: If US States were Countries...

    Oh! That means Bush is equivalent of the president of Brazil! I wonder if South America has any comments on that! HA HA!!
  4. peilthetraveler

    Black Everyday!!!!

    Agree...its like people think we are in a monarchy or something and they can blame all their problems on one person.
  5. peilthetraveler

    I think this guy must be an ex-trader

    So there is this guy that plays 36 world of warcraft accounts on 11 different computers. Here is his set-up http://videogames.yahoo.com/featurescreenshot?eid=1255557&index=0 Now i admit i have played WoW before and I have no idea how anyone can play 2 characters at the same time much less...
  6. peilthetraveler

    Price of silver should be over 20$ per ounce...see proof why!

    Yeah but thats all electronic. You never get physical gold or silver they "supposedly" hold it for you. Its basically the same as if i told you "hey...I will sell you silver at spot price, but instead of giving you the actual silver, I will give you a piece of paper saying you own the silver...
  7. peilthetraveler

    Price of silver should be over 20$ per ounce...see proof why!

    Well...no...because like i said. About a year ago, I remember a store that was selling it for 80 cents over spot. (they also bought it for a little below spot from customers looking to sell). But today, the mark-up is too great and ebay they dont mark up the price. They put the gold/silver...
  8. peilthetraveler

    Price of silver should be over 20$ per ounce...see proof why!

    On Oct 8, spot price for silver was about 11.60-11.70ish per ounce. Look at this auction on ebay http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=250302961895 1 oz of silver sold for 20.37 PLUS another $3.49 for shipping which brings the grand total for that silver bar to 23.86 per...
  9. peilthetraveler

    Visa most overhyped stock in history.

    Its now at 51 bucks a share, 4 bucks below IPO price on opening day. Its a good bet that when everyone wants a stock, its gonna go down. All those millions of people that thought they were going to make 5 fold on their money because MA did are now completely disappointed.
  10. peilthetraveler

    Obama-Biden Tax Calculator

    As fair as a flat tax seems, it would open the country up to ALOT of black marketing.
  11. peilthetraveler

    Jobs

    Sounds good. No American needs to work anymore...we can just pay the chinese and indians to make us stuff and send us food while we sit around and watch TV. Reminds me a little bit of the time machine. Americans are the Eloi who sit around enjoy life and the rest of the world is the...
  12. peilthetraveler

    iraq stock market is booming

    The retail markets in Iraq are also exploding! http://wcbstv.com/national/baghdad.suicide.bomb.2.280173.html
  13. peilthetraveler

    Governments taking major stakes in banks could push real estate prices to 05-06 highs

    Well i think we have fixed that problem of homeowners buying what they cant afford. The days of zero down, closing costs rolled into the loan and 5,000 cash back to people with 550 credit scores are long gone. Also, i think you havent done your research on this bailout helping current...
  14. peilthetraveler

    Governments taking major stakes in banks could push real estate prices to 05-06 highs

    So Government takes a major stake in all these banks, then forces them to loan (since they are majority shareholders now) at super low rates like 2-3% interest for 30 year fixed mortgages. Real estate prices soar again. CDS's become worthless. Crisis over. CDS's are then made illegal...
  15. peilthetraveler

    How come technology did not get a bailout in the last bear?

    most of those tech companies didnt make money. Bank did make money.
  16. peilthetraveler

    Maybe I am stupid, but explain this to me.

    It makes sense in the fact that they need to make 65 trillion dollars worth of credit default swaps worthless so that all the banks dont go under.
  17. peilthetraveler

    October 9 and 10 Significance

    Whats interesting is after the markets opened after sept 11, volume was 2.3 billion shares traded. Yesterday it was 11.4 billion shares traded, in fact all week there was more than 7 billion shares trading hands every day. I wonder if some giants like barclays decided to take up day trading...
  18. peilthetraveler

    Even Fox News runs the Palin Story...

    "Investigator Stephen Branchflower, in a report to a bipartisan panel that looked into the matter, found Palin in violation of a state ethics law that prohibits public officials from using their office for personal gain." So does this mean that since Obama has sold so many books because he...
  19. peilthetraveler

    Why do we need congress/house of representatives in this day & age?

    I was just thinking about this...Congress and representatives were put together years ago (in the 1700s) to speak for the people, because all the people could not come together and vote on matters because there would be millions of votes and millions of votes to count and it would just be so...
  20. peilthetraveler

    Lehman cds sold 9.8 cents to the dollar...

    I dont know what the big deal is with CDS's I mean, the money is not there to collect...what they going to do? Sue? Nobody has 50 trillion dollars...they gonna garnish wages? HA!
Back
Top