patrick.net

Interesting (maybe useless facts): the total amount of gold ever produced is approximately the volume of a cube 82 feet on each side.
The total amount of platinum ever produced would fit into a cube approximately 20 feet on each side.

The value of gold produced in any one year is about what the US government spent to launch it's GPS satellites. The volume of all gold produced in any one year (worldwide) would be a cube approximately 14 feet on each side.

RentingForHalfTheCost says

SubOink says

Cdon, about 70% of posters that were telling me how stupid is was to buy in 2011 have actually vanished from this forum (a strange way of admitting they were wrong)...or at least have taken on new screennames.

Since 2011 your downpayment alone would have netted you a nice chunk of money in the stock market. If you were smart then even more than the run up in your sugar shack.

What makes you think I don't have money in the stock market? LOL

But speaking of it - those gains would have been massively reduced by the high rent I would have to pay because my family needs a place to live.

RentingForHalfTheCost says

I only chose the best landlords with the highest credit score and track record.

That would exactly be me :)

Iwag says

Enjoy your lifelong rent increases...

Umm I don't rent you ridiculous pea brain moron. I bought my house in the fucking 90's.

You want to compare price appreciation between my home in the Richmond in S.F to your shack that you scrapped your pennies together for so that you could be chained for 30 years?

I promise you it will make you look like an utter idiot, but you've already accomplished that quite nicely fuck face

Why are so angry? Something tells me you are not as well of as you claim to be. So you bought your house in the 90's - GOOD FOR YOU. So...whats the problem?

Maybe he can sell his prison mates properties while he is serving his time.

jvolstad says

Maybe he can sell his prison mates properties while he is serving his time.

That's right, real estate transactions are becoming one of the vehicles of choice for money laundering.

Jail may be the best thing that ever happened to him.

Bigsby says

debyne says

tatupu70 says

Please post evidence that ANY of the donation pages were set up before the tragedy.

Look at this:

http://fellowshipoftheminds.com/2013/01/08/sandy-hook-ripdonation-webpages-created-before-the-massacre/

How do you explain that?

As is clearly stated on many sites, you can repurpose a facebook page with less than 200 likes. The original date remains the same.

So all of these donation sites were all just coincidentally created for some other completely different purpose barely within a day or two before the event and then repurposed?? Really?

debyne says

So all of these donation sites were all just coincidentally created for some other completely different purpose barely within a day or two before the event and then repurposed?? Really?

All these? A couple of people create facebook pages that nobody looks at and then decide to repurpose them to commemorate a terrible event. But of course, that to you is impossible. To you, it is far more likely that Sandy Hook was a hoax, that the family and friends of all those killed are lying about what happened (along with the literally thousands of other people directly involved). I think I should be the one saying 'REALLY?'

bgamall4 says

debyne says

So all of these donation sites were all just coincidentally created for some other completely different purpose barely within a day or two before the event and then repurposed?? Really?

Thanks for thinking of this as I was thinking the same thing. But I see you beat me to it!

Good grief. What exactly were you thinking? That you would post up your ridiculous and offensive beliefs about Sandy Hook so you could peddle more of your 9/11 bollocks, or that it is strange that a couple of people changed their brand new unvisited facebook pages to commemorate a terrible event. Hmm, would you like me to tell you which one I think is stranger?

bgamall4 says

Bigsby says

A couple of people create facebook pages that nobody looks at and then decide to repurpose them to commemorate a terrible event.

But just a few days before? That is highly unlikely. Multiple people doing so? Come on Bigsby, you are fighting an unwinable battle on this one.

It's precisely because they were new sites that they could be changed. Barely anyone had visited them. They had less than 200 likes. The people who had created them decided to use them for another purpose. Exactly how many millions of people use facebook? And you think it is strange a couple of people repurposed their pages? You who believe some of the most outlandish conspiracy nonsense going and that you constantly peddle on here think THAT is strange. Give me strength.

bgamall4 says

Bigsby says

Hmm, would you like me to tell you which one I think is stranger?

No, I don't need your opinion. It is useless.

Says the person who thinks Sandy Hook was a hoax.

bgamall4 says

Bigsby says

The people who had created them decided to use them for another purpose.

How the hell do you know that? I don't go around creating pages very often on Facebook. Most people don't. It is something not done regularly, especially if you can't get many likes.

How do I know that? You state as fact some of the most ridiculous nonsense peddled on the internet, and you ask me how I know that. Good grief. And you say that creating facebook pages 'is something not done regularly.' Err, on what planet do you exist?

Debyne asked how people can explain the facebook pages. I just did. Obviously you won't accept it because you would much rather run with your outlandish and offensive narrative than accept a far simpler and more obvious explanation. That is what you do. Constantly.

tatupu70 says

Obviously you have difficulty analyzing complex problems. It seems the answer has to be right/wrong, or good/bad for you to understand.

No, it just has to not be both AT THE SAME TIME. LOL.

You wrote: " The bailout prevented demand from falling at a time when keeping demand was very important. In that respect it was good."

Again, we paid $780,000 PER JOB to keep GM workers employed, so that, according to you, some of them might buy GM cars. And that's assuming that they'd all lose their jobs, which wouldn't have happened. You do understand that a car costs less than $780,000, don't you? How is that "good"?

bgamall4 says

Not when you have 100 percent zero tears. I can see an occasional person not showing tears, but every damn one of them?

Come on Bigsby.

More nonsense from you. 100% zero tears? Good grief.

You constantly post up that video of Robbie Parker briefly smiling, for example, as if that is proof of your moronic hoax theory when in fact it is a response that is not unusual given the circumstances. This was explained in the paper that you saw in the previous thread and that you have decided to completely ignore so that you can continue peddling this idiotic argument.

bgamall4 says

Bigsby says

You constantly post up that video of Robbie Parker briefly smiling,

No moron. He was laughing. Here is a lesson in method acting for you:

http://www.howcast.com/videos/315111-How-to-Master-Method-Acting

Laughing, smiling... you are stating as fact that these responses are impossible when in fact there is scientific research that demonstrates that these kind of emotional reactions are pretty typical responses to such traumatic events.

Are you going to delete this post as well?

bgamall4 says

Here is a guy, Gene Rosen, who says he looked at the casualty list at 6:00 pm on the day of the "shooting". But the list was not published until two days later. And he is a no tears guy too. Method actor:

So how many thousands of method actors do you think were involved? That's quite the Hollywood production. Was it directed by James Cameron? Were the hundreds of journalists there also method actors. The police? The first responders? Family? Friends? Every single person interviewed? The doctors? The nurses? Other hospital staff? And on and on it goes.

I still say high rents are keeping home prices high. Rents are at all-time historic highs based on income. Monthly nut for a mortgage is probably still at 2003-2004 levels. Meanwhile monthly rents are hovering at all-time highs.

Strategist says

If a first time homebuyer buys a condo would that be speculating?

Most real estate being held for a long time would be investing. Flippers could be counted as speculators.

avg holding is around 6 years, since the 1997 tax law change, it has become more speculative. You get to keep a good chunk of gains untaxed...

bgamall4 says

Anderson Cooper Is a Vanderbilt

And..............he 'used' to work for the CIA.

Super-duper double spooky, huh.

bgamall4 says

Of course. It explains why he is a cover for Sandy Hook. Check out this
amazing video upisdown if you haven't seen it:

Sandy Hook, I couldn't care less about it because what's done is done, and it can't be UNdone. I really like that the crazy kid shot his mom(with her gun) first though. Justice comes in many ways.

But AC being part of the CIA is a norm because it's the playground for plutocrats and their spawn, and they get to act out their version of humanity and society without the inconveniences of laws and retribution. The fact that ANY former CIA member is front and center on one of the main 'news' channels is what should bother you and everybody else.

Anderson flew the false flag of heterosexuality until he exhibited an online boner for boehner.

SoftShell says

Anderson flew the false flag of heterosexuality until he exhibited an online
boner for boehner.

Was that with or without Kathy Griffin's thumb up his ass for full rigidity?

Couple times a week I eat dinner at this cafe that always has CNN running on one of the TV's and Anderson cooper is always seems to be on. He's always doing interviews usually with some black women and everything is always over the top drama about travyon martin case or how evil whitey is. Can't sit down and put my headphones in fast enough.

Homeboy says

No, it just has to not be both AT THE SAME TIME. LOL.

You wrote: " The bailout prevented demand from falling at a time when keeping demand was very important. In that respect it was good."

Again, we paid $780,000 PER JOB to keep GM workers employed, so that, according to you, some of them might buy GM cars. And that's assuming that they'd all lose their jobs, which wouldn't have happened. You do understand that a car costs less than $780,000, don't you? How is that "good"?

Like I said--you seem to have a very difficult time with complexity. I'll try it again for you--it's really pretty simple.

Preventing demand from falling is good.

Spending too much money to maintain demand is bad.

See how that works?

The bailout decision had good aspects and bad aspects. Pretending that it was 100% bad with no positives is just silly.

Call it Crazy says

However, with respect to housing, when prices are moving higher, not a single soul will ever forecast a “consolidation” or “contraction”, rather periods of “less appreciation”.

They don't? Have the author never been to Pat.net before?

bgamall4 says

And how do you leave the rifle in the car and carry 4 handguns into the school. The news guy said that the rifle was left in the car according to "officials".

But he fired 150 rounds according to the official report. You can't fucking do that without a rifle. You can't fire 150 rounds from 4 pistols.

I see you have your 'facts' in their usual (dis)order. Is a Bushmaster considered a handgun these days?

bgamall4 says

How could Lanza carry a shotgun, two rifles and 4 pistols. He was a wimp.

Except that wasn't what he was carrying.

bgamall4 says

Damn hoax. Zionist hoax.

So to you it's not only a hoax, but a ZIONIST HOAX. Care to explain that one?

bgamall4 says

The video shows that, while Gene Rosen is not in the screen actors guild, as the debunkers gleefully state, he is very involved in LOCAL THEATER. He is an actor! How convenient.

I swear that you must be paid to post this nonsense to make truthers look even more barking mad than they already do. You are earning every penny.

bgamall4 says

A boy said all the police officers had machine guns. Lanza had 4 pistols. So who fired the shots?

Why are you asking that? You think it's a hoax, don't you? A ZIONIST HOAX no less.

Seems I heard the Vanderbilts lost all their egregious ill gotten money somewhere along the line, relegating poor Gloria to selling designer blue jeans and accessories plastered with her name to support her NY lifestyle, kind of like the ebbing British nobility selling their titles.

Maybe a Vanderbilt without money is still rich to everybody else, they can still trade on the name and connections for a generation or three.

I like the Illuminati and the Lizard People from the future, i'll have to drop some acid and work on that one.

What a frickin idiot.

thomaswong.1986 says

Since Chilean peso inflation continued to outpace U.S. dollar inflation, every
year Chilean buying power of foreign goods increased, all fueled by foreign
loans in dollars[citation needed].

It seems to me that statement contradicts itself?

bgamall4 says

How could Lanza carry a shotgun, two rifles and 4 pistols. He was a wimp. Now the coroner says the wounds were caused by the long weapon. And Adam shot a green care from inside the building. But the car was facing the building yet bullets went in from different directions from the school window. The car was hit from the SIDE.

And there are exit holes in the green car. How did that happen? Was someone shooting from inside the car?

This is easily explained. Jews are good at business and theater/movie productions, but they are too dumb to know that when you fake a mass killing, you don't fake gunshots from inside a car.

Everyone knows this about Jews - physics is their only weakness. It's why the WTC towers fell faster than free fall.

To this day, no Jew has ever won a Nobel Prize in physics!

I was thinking about this the other day: If any of you were active on some of the original housing bubble blogs circa 2003-2004 or so, if you were to read a thread like this you would see almost the exact same language and arguments being made. The fact that this blog and a few others seem to slowly be coming back to an increase in debates about actual real estate and not the plethora of endless liberal versus conservative diatribes shows that we have probably come full circle and the cycle is now starting all over again: There are the same arguments being made by the deniers and the believers. And so here we go again.

I recall an old saying back in the good ole' bubble days: If people are talking about a housing bubble, then the bubble started well before then.

marcus says

What a frickin idiot.

New Rule: Anyone is allowed to advocate for one (1) wackaloon conspiracy theory on the Internet - Kennedy, moon "landings", whatever.

If advocacy of a second such fable becomes known, the following steps shall be taken:

1) Said idiot shall be declared an ASSHOLE, with notices to that effect broadcast over the air and posted on the Internet

2) All Internet access to any domicile known to house said ASSHOLE shall be revoked as long as the ASSHOLE is known to inhabit said domicile

3) The ASSHOLE shall be licensed as a realtor in all 50 states, and a photo of said ASSHOLE placed on a Prudential Real Estate office wall in each state. Bus-bench ads, advertising said ASSHOLE's face, together with an offer of realty services shall also be purchased in the ASSHOLE's neighborhood.

Bigsby says

It's precisely because they were new sites that they could be changed. Barely anyone had visited them. They had less than 200 likes. The people who had created them decided to use them for another purpose. Exactly how many millions of people use facebook? And you think it is strange a couple of people repurposed their pages? You who believe some of the most outlandish conspiracy nonsense going and that you constantly peddle on here think THAT is strange. Give me strength.

Come on man...it's not just Facebook. You obviously didn't read the whole link. There were websites where this happened too, and it's indisputable because the date stamp is when the article is posted and it's tracked in the URL itself. See here:
http://fellowshipoftheminds.com/2013/01/16/guide-for-how-to-talk-to-children-about-sandy-hook-pre-dated-the-massacre/

Once again...even if there's a "glitch", how could this happen for the same event in about 5-6 separate instances? It's ridiculous.

I love this tidbit. CNN shows video of a swat team running into Sandy Hook, but it's not even the same location...they showed some random scene of guys running into a building that's not Sandy Hook elementary school.

http://fellowshipoftheminds.com/2013/01/22/cnns-live-aerial-footage-of-police-running-into-sandy-hook-was-of-another-school/

bgamall4 says

Zionism has, according to the translator of the plan, Israel Shahak, the power over the US press. The goal is to weaken the US, and the housing bubble was crucial to that. The goal is to weaken the US, steal the wealth, and disarm the Americans.

The weaker Americans are, the stronger the neocons/Yinon Zionists are. Shahak's predictions of main stream media control over the conversation is true with 9/11, Sandy Hook, and with regime change in the middle east which we bought into in the Iraq War with no clue about the origin of the motive.

Yinon wanted regime change in Iraq back in the1980's, and the neocons adopted the plan and finally came to power with Bush/Cheney.

It is the banker/neocon/yinon zionist/mainstream media cabal at work.

Shit, I almost spilt my coffee on my laptop. Thanks for the laugh though. Damn, you are one crazy SOB.
Mind, I think you still need to expand on the role of Sandy Hook in all of this as it got rather lost in your laugh out loud mix of conspiracies.

Whatever. Like I said, those who do not learn from history are prone to repeat it. The fact that people are already talking about a housing bubble means we have already been in one for some time. As I mentioned in another post, this thread is EXACTLY like the very same conversations being had circa 2003-2007, and the very same outcome will happen as well. Its not a matter of if, but how long this one will take to play itself out. It almost feels nostalgic. Its been awhile since we've seen these " There is no bubble!" type of arguments.

There's no sense in continuing this conversation if you won't even acknowledge what is accepted history and fact.

edvard2 says

And as currently seen with today's new bubble, much of that same sort of action is happening again

No it's not. Underwriting standards are good. Appraisers aren't lying. Mortgages aren't being securitized to anywhere close the same degree.

None of the same action is happening now.

tatupu70 says

No it's not. Underwriting standards are good. Appraisers aren't lying. Mortgages aren't being securitized to anywhere close the same degree.

None of the same action is happening now.

So I suppose we can add you to the list of deniers then. Good. That way it'll be like the good ole' days with the two sides arguing. Makes for good housing bubble blog content.

APOCALYPSEFUCKisShostikovitch says

A real bear is long yams.

or honey

bgamall4 says

debyne says

I love this tidbit. CNN shows video of a swat team running into Sandy Hook, but it's not even the same location...they showed some random scene of guys running into a building that's not Sandy Hook elementary school.

http://fellowshipoftheminds.com/2013/01/22/cnns-live-aerial-footage-of-police-running-into-sandy-hook-was-of-another-school/

Yeah, the plants and the landscaping is totally different than Sandy Hook, lol. What a bunch of idiots. CNN was the station that paraded neocon warmonger after neocon warmonger on saying that Obama's bombing Syria would not be enough and we would need troups on the ground. I hate CNN.

And do you think the part that he circles in the other school looks like the one on CNN because I must say that I fail to see the resemblance?

I would suggest reading this:
http://en.wikipedia.org/wiki/Economic_bubble

Definition:
"An economic bubble (sometimes referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania or a balloon) is "trade in high volumes at prices that are considerably at variance with intrinsic values".[1][2][3] It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future.[4]"

But a few key pieces from it are things like this:

"According to the explanation, excessive monetary liquidity (easy credit, large disposable incomes) potentially occurs while fractional reserve banks are implementing expansionary monetary policy (i.e. lowering of interest rates and flushing the financial system with money supply); this explanation may differ in certain details according to economic philosophy. Those who believe the money supply is controlled exogenously by a central bank may attribute an 'expansionary monetary policy' to said bank and (should one exist) a governing body or institution; others who believe that the money supply is created endogenously by the banking sector may attribute such a 'policy' with the behavior of the financial sector itself, and view the state as a passive or reactive factor."

I had mentioned this very thing in a previous post.

"Simply put, economic bubbles often occur when too much money is chasing too few assets, causing both good assets and bad assets to appreciate excessively beyond their fundamentals to an unsustainable level. Once the bubble bursts, the fall in prices causes the collapse of unsustainable investment schemes (especially speculative and/or Ponzi investments, but not exclusively so), which leads to a crisis of consumer (and investor) confidence that may result in a financial panic and/or financial crisis"

As seen with current affordability indexes, appreciation has indeed been excessive and hence unsustainable in regards to the aforementioned index.

"Popular among laymen but not fully confirmed by empirical research,[7][8] greater fool theory portrays bubbles as driven by the behavior of a perennially optimistic market participants (the fools) who buy overvalued assets in anticipation of selling it to other speculators (the greater fools) at a much higher price."

As seen in this and other posts we definitely have "Perennially optimistic" investors whom just like the last bubble were present on forums such as these, whom never- ever for a moment even whispered the word " bubble" and over time were proven wrong.