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To: Toddsterpatriot

Feel free to take a look-see at Mase's FED link in post #113. Go to page 110 of the link and see how much of household net worth appreciation is tied to real estate.


139 posted on 10/27/2006 6:43:33 PM PDT by GodGunsGuts
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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.

You're the one who made the real estate claim, you get the data and post it, if it proves your point.

Still waiting for you to post any data which backs up your gold stock dividend claim. Or was that another made up "fact" that you'll never admit you made up?

Let's recap, shall we?

A very large portion of household net worth appreciation is a function of real estate appreciation.

Unless you have a unique definition of "very large portion"?

141 posted on 10/27/2006 7:18:08 PM PDT by Toddsterpatriot (Goldbugs, immune to logic and allergic to facts. You know who you are.)
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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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