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	Name:	Catherine -
	Subject:	Its happening everywhere
	Date:	7/22/2008 6:43:39 PM

That's my point. With the economy bad enough that you can't sell houses on prime lakefront property here, well, that should be a wakeup call.

And it isn't Russell's fault on prices in the Ridge (pay attention 8, I'm not slamming them here, which I know is hard to believe, and for which I apologize in advance :). They leveraged themselves to do it quickly, so they really aren't in a position to lower prices without basically giving away that land. They're in the same boat the rest of us are in (wait and hope), and I don't know if they really have any more or less control than the rest of us.

My gut feeling is we're going to get a small bump of relief around or after the election (regardless of the winner). After that (regardless of the winner), I have a feeling we will enter into depression (not recession), and I think it will make the depression of the 20's look like high cotton.

I have bought more metal and dirt in the past year than I have in my entire life before. This is a GREAT time to be buying real estate, if you can pay cash. And gold, silver, copper, platinum, and other precious metals will have value even in a socialist or communist environment.

Stockpile now, because it isn't a question of IF there will be a blowout, but WHEN is it coming? I think sooner than later. Probably 2009, but with some luck, we could push it off until 2010. I don't think it really matters who is elected. I think we're that far gone already.

When there is no real difference in a Candian dollar and a US dollar, well.....what more do you need to know?