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  1. peilthetraveler

    Euro worth less than the dollar in 2 years?

    Count on South America to bring the doom & gloom. If he had his way, im sure global warming would've set up all the US dollars on fire and as the bills were flying around on fire, they would fly past oil refineries causing them to explode, pushing the price of oil to 1000 dollars per barrel...
  2. peilthetraveler

    Real estate is a bargin in Canada

    Hong Kong is 1041 sq kilometers (about 6 times the size of washington DC.)
  3. peilthetraveler

    Real estate is a bargin in Canada

    Hmm..even in that article, it says they paid 11,850$ for it. Surely they mean 11.85 million? I mean that property must collect more than 11,850 per month in rent on a building that size.
  4. peilthetraveler

    Euro worth less than the dollar in 2 years?

    All these funds from all over the world are sending billions of dollars to help out struggling banks (like Citi and such) so now that U.K. and some of the other european countries are slowly starting their downward spiral, is there any money left to bailout those banks? Seems like its all tied...
  5. peilthetraveler

    Real estate is a bargin in Canada

    http://finance.sympatico.msn.ca/investing/news/businessnews/article.aspx?cp-documentid=9563605 Looks like this guy bought a building 4 times the size of Hong Kong for only 11k. And thats 11k canadian! Funny that the price tag was so small though that the guy still had to give cash, a 1st...
  6. peilthetraveler

    The economic impact of the current Exodus from the United States.

    So basically now that we dont have illegals to keeping building new homes, there will be no more new homes flooded on the market and house prices will suddenly start to go up much quicker as there is no new inventory for the re-sale homes to compete with. How is this a bad thing? The sky...
  7. peilthetraveler

    Only fools are complaining about gas prices

    The same people that complain about paying 4.50 for a gallon of gas are the same people who are paying 20 bucks a gallon for coffee at starbucks. And if they are the people getting lattes instead of just plain old coffee they are talking 35-40 bucks a gallon. How can someone complain about...
  8. peilthetraveler

    Difference between oil scare of 70's, 80's and now

    Cheapest places to buy gas 1. Venezuela 12 cents 2. Iran 40 cents 3. Saudi Arabia 45 cents 4. Libya 50 cents 5. Swaziland 54 cents 6. Qatar 73 cents 7. Bahrain 81 cents 8. Egypt 89 cents 08 9. Kuwait 90 cents 10. Seychelles 98 cents 44. United States $3.45 Thought...
  9. peilthetraveler

    Housing slump almost over

    I think we can all agree that historically real estate has gone up an average of 4% per year for as long as we can remember except these last few years. So that said, i took the liberty of doing the math to figure out what real estate should be at if there were never any housing bubble. What...
  10. peilthetraveler

    World hyperinflation

    Price of real estate doubles. Price of Oil doubles. Price of gold/silver doubles. Price of rice/corn/other doubles. Isnt this just world hyperinflation? I mean it seems like pretty much everything is doubling in price. What do you all think?
  11. peilthetraveler

    Why the rich get the tax breaks and the middle class get tax hikes

    I saw this today and I loved it. You always hear people moan about the rich getting tax breaks and this is something that will explain it very well for all those people that you have heard complain about why do the rich get tax breaks. OUR TAX SYSTEM EXPLAINED.... Suppose that every day...
  12. peilthetraveler

    RECESSION Vrs STAGFLATION

    With those numbers it looks like the farmers are making out pretty good now. Before you know it, we will all be growing corn in our backyard, not just for lunch but for gas to drive to work.
  13. peilthetraveler

    What does OPEC and Bear Sterns have in common?

    BSC says "Our company is worth 80 dollars and there is no problem with liquidity" A few days later bear sterns agrees to sell out for 2 bucks per share. OPEC says "There is no shortage of oil and we have no idea why its trading at 124$ per barrel" Wouldnt that be Scary if OPEC came...
  14. peilthetraveler

    An average American indebtedness?

    its only 100k worth of debt. I mean their mortgage payment is probably around 400 per month, car payment another 200 and credit card & student loans maybe another 200. $800 per month is all they need to make payments...heck i spend more per month for my 1bd apartment. A part time (25 hours...
  15. peilthetraveler

    Will a gas strike work? May 2nd

    Yep thats right. Prices would probably go up on may 1st because they want to load up before may 2nd comes. Only if everyone stops driving (wont happen, too many fat lazy americans dont want to walk) would that work.
  16. peilthetraveler

    mars-wrigley...23 billion dollars?

    Anyone else think this is a bad deal? Wrigley has about 5.2 billion in assets (less than 1 billion in Net assets) and gross revenue of 5.3 billion. If you have 23 billion to spend, why not just spend 5 billion to create products to rival wrigleys and another 5 billion in the worlds biggest...
  17. peilthetraveler

    US are mortgages defaulting, but what about UK, Spain, ... ?

    I dont even know how people can buy homes there. The average home price in england/ireland is about £200,000 pounds (almost 400,000 dollars) Thats the average for the whole country!! Although min wage there is £5.52 per hour (or 11 dollars) thats hardly enough to afford anything. I know...
  18. peilthetraveler

    Yet another housing thread

    So a few years ago I remember this article in forbes (i think it was forbes) about how Las vegas was the number 1 housing market and prices jumped 50% in 1 year. Then I remember everyone flocking to las vegas to buy into that housing boom, but they all got left basically holding the bag. Now...
  19. peilthetraveler

    What happen on 9/11....2007

    What happened on 9/11/07 in zimbabwe? Whey did the currency go from 253 to the dollar to 30458 to the dollar in one day?
  20. peilthetraveler

    Its 4pm..do you know where your broker is?

    Yeah you are right, nobody went all in on BSC and nobody bought BSC on margin. Everyones accounts are safe, 1929 never happened and neither did the holocaust or 9/11, right? Also thank you for taking the time to research my name and read everything i have ever wrote to your advantage...
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