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Housing Boom Or Bust ??
Posted by Stock Online Trader on January 6, 2007 in Real Estate
Strong housing sales is an indication of strong economy. With increase in interest rates, the mortage rates also are up. Rule of thumb: High mortage rates = Slow housing sale Pending sales of existing U.S. homes fell 0.5 percent in November but held above the low hit in July, suggesting the housing market is stabilizing. [...]
Gold Rush: The Correlation With Dollar
Posted by Stock Online Trader on January 6, 2007 in Basic Material Sector, Gold
Love it, hate it but can’t ignore it. I am talking about Gold. Like i mentioned in my early blog, when the dollar becomes stronger, gold will see a downslide. This was true this week with dropping oil prices and resurgent dollar. Gold prices tend to fall when energy prices drop, as the yellow metal [...]