The TSX index fell by about 450 points
The USD-CAD fell to 0.97
The GoC 5 year bond fell to 1.286
So given all we know about real estate investing and price-rent ratios to determine fundamental value, perhaps a few can chime in on what they think is going on in Canadian and world markets and how current valuations align with future earnings.
on Big banks facing home credit risk@mac: @condo watcher: Wait! I don't think that was explanation enough for you. By PAST, I mean a few years on Big banks facing home credit risk@condo watcher: Relax! I'm not saying it's happening now. In THE PAST when the MARKET WAS HOT, there were many
on Big banks facing home credit risk@mAC HOW DO YOU GET A SALES TO LIST FIGURE OF 115%--are they selling stuff that's not even on the
on Big banks facing home credit riskHopefully this time it works. Copied from PaulB’s number http://www.laurenandpaul.ca Using good-format’s format. Date Listing Price(+-) Sold Inv Inv(+-) S/L(%) on Big banks facing home credit risk Sorry for the previous post. I seem to have lost my PRE tag "touch". 
September 23rd, 2011 at 5:59 am
Great forum here…If someone wants to slit their wrists.
September 22nd, 2011 at 3:12 pm
@Best place on meth:
I'll wear my Nikkei 35,000 t-shirt to the party.
The Aussie stock market tried to battle back today but ended up losing another 1.6% by the end of trading.
September 22nd, 2011 at 3:09 pm
The Secret Financial Network Behind "Wizard" George Soros
http://www.questionsquestions.net/docs04/engdahl-…
Soros proclaimed in March 1993, with great publicity, that the price of gold was about to rise sharply; he said that he had just gotten "inside information" that China was about to buy huge sums of gold for its booming economy. Soros was able to trigger a rush into buying gold, which caused prices to rise more than 20% over four months, to the highest level since 1991. Typically for Soros, once the fools rushed in to push prices higher, Soros and his friend Sir James Goldsmith secretly began selling their gold at a huge profit.
Then, in early June 1993, Soros proclaimed his intent to force a sell-off in German government bonds in favor of the French, in an open letter to London Times Financial Editor Anatole Kaletsky, in which Soros proclaimed, "Down with the D-Mark!" Soros has at various times attacked the currencies of Thailand, Malaysia, Indonesia, and Mexico, coming into newly opened financial markets which have little experience with foreign investors, let alone ones with large funds like Soros. Soros begins buying stocks or bonds in the local market, leading others to naively suppose that he knows something they do not. As with gold, when the smaller investors begin to follow Soros, driving prices of stocks or whatever higher, Soros begins to sell to the eager new buyers, cashing in his 40% or 100% profits, then exiting the market, and often, the entire country, to seek another target for his speculation. This technique gave rise to the term "hit and run." What Soros always leaves behind, is a collapsed local market and financial ruin of national investors.
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Beware suckers……
September 22nd, 2011 at 2:29 pm
Hangseng is down another 300pts thus far in trading today. Nearly 10% lost this week of the index.
China's manufacturing may shrink for a third month in September, the longest contraction since 2009.
China's inflation rate soared forcing them to raise interest rates and curb lending to cool inflation. Meanwhile a deepening debt crisis in Europe and a recession in the U.S. threaten to stall a global recovery.
The perfect storm that formed in 2008 appears ready to make an encore performance, this time with more debt!
What are they going to do this time?