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To: library user
oh, the price might go up... that doesn't mean it'll be worth more.

from an earlier thread ( link)

year (jan) note my home $ gold $/oz my home in gold(oz) silver $/oz my home in silver(oz)
2006   425k 550 772 9.25 45,946
2007 dems move into congress 380k 625 608 12.75 29,804
2008 dems have congress for one year 290k 885 327 16.00 18,125
2009 dems take whitehouse, 0bama steps in 270k 860 314 12.00 22,500
2010 dems in full swing 250k 1150 217 17.50 14,286
2011 GOP takes back the house 224k 1360 164 29.00 7,724
12 APR 2011 222k 1452 153 40.05 5,543

although it may look like my home value dropped to 50% of what it was in 2006, in real world buying power, it is now 16-20% of what it was in 2006.

the dems and progressives have done a real job on the people of the US

do the math yourself. check out zillow.com for your home value over the passed 5 yrs. plug those values in, calculate the value in terms of ounces of gold and silver... and you'll see how much you've lost

update:
how much exactly?

denomination # ounces market value ($)
gold 619 898,788
silver 40,403 1,618,140.15

13 posted on 04/17/2011 1:15:24 PM PDT by sten (fighting tyranny never goes out of style)
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To: sten

although it may look like my home value dropped to 50% of what it was in 2006, in real world buying power, it is now 16-20% of what it was in 2006.


You are so right, and few people realize this. Most people will cheer when their home “price” (and that of the Dow) are back where they expected them to be, never mind that inflation will be the reason, not increased value.


17 posted on 04/17/2011 2:53:22 PM PDT by Atlas Sneezed ("If you touch my junk, I'm gonna have you arrested.")
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To: sten
(updating for today...)

from an earlier thread on april 17th ( link)

year (jan) note my home $ gold $/oz my home in gold(oz) silver $/oz my home in silver(oz)
2006   425k 550 772 9.25 45,946
2007 dems move into congress 380k 625 608 12.75 29,804
2008 dems have congress for one year 290k 885 327 16.00 18,125
2009 dems take whitehouse, 0bama steps in 270k 860 314 12.00 22,500
2010 dems in full swing 250k 1150 217 17.50 14,286
2011 GOP takes back the house 224k 1360 164 29.00 7,724
12 APR 2011 222k 1452 153 40.05 5,543
14 JUL 2011 188k 1586 118 38.46 4,888

although it may look like my home value dropped to 50% of what it was in 2006, in real world buying power, it is now 16-20% of what it was in 2006.

the dems and progressives have done a real job on the people of the US

do the math yourself. check out zillow.com for your home value over the passed 5 yrs. plug those values in, calculate the value in terms of ounces of gold and silver... and you'll see how much you've lost

update:
how much exactly? as of july 14th:

denomination # ounces market value ($)
gold 654 1,037,244
silver 41,058 1,579,501

25 posted on 07/14/2011 1:48:41 PM PDT by sten (fighting tyranny never goes out of style)
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