[Toddsterpatriot]

Dam--this is going to kill the housing market.

And send gold to $1650 an ounce.

[Mase]

Weren't we told that the crashing of the housing market was going to create massive unemployment? Haven't half of all the new jobs created over the past decade been in housing?

Maybe we're not being patient enough. Doom is coming, we just need to wait until the second half of the year when all those adjustable mortgages reset. And if that doesn't do it, I'm sure there will be something the following year that will bring doom.

Doom is inevitable when you're a doomer.

[HockeyPop]

With low unemployment and the Fed reiterrating its's inflation concerns yet taking a neutral stance on rates yesterday, gold would seem to be the move.