01-05-2010, 01:02 PM
quote:
Originally posted by PaulW
1. I assume you mean the real estate market in general. Just in Hawaii, or Puna or the US?
2. The Dow is an index, how do you translate that to a dollar (or gold) value?
1. PUNA (but it will apply accross the board)
2. FOR EXAMPLE
dow = 10000
gold = 1000
dow is worth 10 ounces of gold.
(THESE ARE EXAMPLE NUMBERS)
the dow will be worth LESS
so will your house