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To: GodGunsGuts
Go to page 110 of the link and see how much of household net worth appreciation is tied to real estate.

Since you won't (can't) do it I'll do it for you. As of the second quarter of 2006, Americans had $10.982 trillion equity in household real estate. As of the second quarter of 2006, Americans had $53.325 trillion in household net worth. That means our homeowner equity accounts for just 20.6% of our total net worth. That leaves us with a lot of liquid assets.

Now why does that scare you and mean we're doomed? More importantly, why does that mean gold is going to $1650 an ounce?

152 posted on 10/27/2006 8:38:23 PM PDT by Mase
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To: Mase

Did you manage to take a look at post #142?


153 posted on 10/27/2006 8:47:28 PM PDT by GodGunsGuts
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