Perhaps a renewed take on the helpful hostful reminders about abusive, obscene and disrespectful comment(er)s might remind that women are people too.

it is absolutely amazing to me that people were rushing to the bank in order to lock in at 20+% in 1981!

oh, how quickly so many souls forget!

hopefully read more from you concerning future garth posts.

cheers and thanks.

The variable you have forgotten to account for is “affordabilty” or lack thereof. A “bubble” is not so much of supply and demand in THAT particular bubble market as it is the feeder markets which eventually can no longer sustain.

Immigrants won’t be buying homes on the paultry after tax disposable income they, as all middle class Canadians, face being left with in years to come as our government struggles with the unmanageable debt left long after the stimulus party is over and the bills must then be paid.

Supply and demand… if the disposable money supply dries up so too will demand and prices will fall. Increasing immigration might only moderately cushion the snap back to equalibrium.

It has been mothballed since the chinese flooded the market and they just slammed the door shut on ree’s . I’ll see your gold and raise you my lithium . It payed for last summers vacation and all my original cash out . Above ground ,below ground . Above ground I’ll give you that one . Below ground (core samples ) I ‘m reminded of mark twain saying .” a gold miner is a liar standing beside a hole in the ground “
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someone who played things exactly as I did! I’m just trying to figure out which you bought. Ticker ends with a “c” I’m guessing. I bought that one and 5-6 others.

but i do think that the gold juniors will be the biggest winner in the next few years, closely followed by what you mentioned and a few other sectors.

good luck

Samrtypants?? I believe everyone is smart in his/her own way.

Wall Street you say didnt see it coming?? Come on…of course they knew what they were doing. They made profits in 2009 while losses were socialized. The goal of these financial corporations is to make money whether it is good for others or not. Even when someone goes bankrupt, someone makes money. That is our system.

Why don’t you buy a ski resort, get huge mortgages and loans against it, funnel that money to you friends, then declare bankruptcy. Then those friends will offer to buy it if the government pitches in some. Does anybody really lose in the scenario??

Seriously, what’s really happening and that no one is talking about is a mass transformation. Vancouver was once a local market. It’s now become a global market with interest from around the world. If you have not been to Vancouver to see this then you have no comment worth considering. Essentially the rich will always be rich even in poor or bad markets. They still buy Mercedes when the market is in a recession, they still buy property -maybe at better prices but they still live the lifestyle. What we are seeing in slow motion is the movement of regular folks with regular salaries being pushed out of Vancouver. There will be a people who live here and then there will be people who have to move away to different cities and provinces. There will be a much larger descrepancy between those that can afford to live downtown and those who will comute a la Los Angeles where people drive one or two hours into the city everyday.

This is what’s happening. You all think that the market will collapse because YOU can’t afford it, but there are many that can and will. Vancouver has a beautifully planned neighborhood with green spaces, biking, walking skiing and everything at your doorstep. This is value and quality of life. People will pay. Those that can’t afford the life, will complain and move out. This is what’s happening and will continue. Yes, there will be RE corrections. But, good real estate in Vancouver is priceless. Ask me how I know, I was born here and have seen every market the last 60 years. Wake up to the new reality, Vancouve is not all of a sudden going to be 50% less.

http://divestor.com/2009/12/06/what-makes-vancouver-real-estate-so-expensive/

The person in Oakridge, your house is only worth what someone will pay for it, period. I’m sure taxes will skyrocket in Calgary, after all we have two 25 million dollar bridges to build over the bow so yuppie/hippy retards can stop global warming.

People are stupid enough to think their property taxes pay for things like schools, healthcare, roads, police, fire, not even close, property taxes are not high enough to pay for those things, corporate taxes pay for those things. Anything the government does the private sector can do cheaper and better and usually faster, anyone in Alberta remember when Telus was AGT or the province had booze stores, you know the ALCB? Both were a joke, poor service, poor selection, open till noon on a weekday. Imagine if healthcare and education were privatized, and no, US healthcare is not private, its controlled by the insurance and pharmacutical industries. True privatization means no government involvement and when you have that you have the best situation. Think what it would be like if the government ran the supermarkets or the clothing stores or the housing industry, want some bread, go stand in line for a day. Its funny how the things we need to survive, food, clothing and shelter; we trust in the private sector to provide. Things we don’t need to survive; education, medicine, roads, police etc. we think we need the government to provide lest fire and brimstone rain down from the sky to smite us. Ever see naked people just walking around your town, no? Me neither, but we need the government to provide us with clothing or we will have naked people dying in the streets, hmmm? Not happening people. Think, government is not part of the problem, it is the problem, insanity: walking into a voting booth and thinking anything will change. Politics is just a hamster wheel, your team wins then you reward your friends and punish your enemies, next time you get punished, and so on, and so on. 50 years ago people were bitching and moaning about government bailouts etc, same shit, different era, we get stuffed while the rich get richer, nothing has changed, happy now you’ve wasted your life worrying about politics?