Yoski

Last Gasp of a Doomed Currency

"The feedback I have received from people I know in the real-estate Industry is that prices of both bank-owned and non-bank owned properties have bottomed out."
But they've been saying that every month for the last 2 years. I'd figure eventually even the most gullible people catch on to that. Guess I figured wrong.

Market Outlook: It's Still All About Housing

DougM
" Do you think the commodity bubble is done? "
I don't think commodities are a bubble. The stuff is scarce and getting scarcer, long term demand is increasing. A typical supply-demand squeeze. Once the price gets too high something breaks...like the world economy. Then demand drops as do prices. That's what we're currently experiencing. Things stabilize for a while. Then demand starts increasing again while supply has been droping all along. You get the next price spike and the economy will contract again, prices will drop again, etc.. I'll wait a bit longer for commodities to pull back and the economic situation to stabilize, then I am back in full force.