Posts by rapidsurfer90

Hey there,
I have a quick question here.
Since I’m not exactly a disciplined saver when it comes to housing—not my strong suit—I was wondering about refinancing a mortgage. When you go through the process, can you just dump a lump sum of your own cash—say 10% or 20%, depending on what the bank requires—directly into the deal? Or am I forced to prove I've been sitting on those savings for two, five, or ten years—essentially "earning" them through some sort of dedicated savings plan?

To put it simply: I'm not a big saver, but if I refinance a mortgage for, let's say, $180,000, can I just drop $36,000 on the table immediately and then enjoy the perks of a fixed interest rate?
Or does the system not work quite that smoothly?

I’ve already scrolled through this thread a few times—and I think rapidsurfer90 was actually onto something with his forecast—as well as some sites suggesting we might see a bit of a correction coming this February. So, what’s the actual logic behind these predictions? What specific trigger is everyone waiting for—and why does it have to be February?

Just a quick little tangent

I was watching the movie Looper, which takes place in the year 2044.
The protagonist is a professional hitman—for the "small fry" jobs, he gets paid in silver bullion (roughly eight 250g bars per hit)—but for his final job, he's promised eight gold bars (maybe it's sixteen, the scene moves pretty fast) which is supposed to be enough to sustain him for the next 30 years.

I'll let you all draw your own conclusions.😉

http://www.zerohedge.com/news/next-stop-dow-100000

...according to Philippe Gijesels—the head of fixed income over at BNP—who thinks we might see the Dow hit 100,000 at some point in the next quarter-century...
...the whole math works out because he’s banking on a steady stream of hyperinflation—specifically, a yearly clip of 12.2%—which, for a nation like the United States, basically invites the H-word to dinner. His other big assumption? We have way too much debt, and the only way out is through inflation. Honestly, he isn't wrong. The catch is that once the Dow climbs to 100,000 solely because of all the money printing, we're going to need scientific notation just to wrap our heads around the cost of any real, hard asset (gold included, obviously)...

Melissa Sanchez17 said:Look, parity is definitely on the table. But honestly? Whether the price of gold is listed in Dollars, Euros, or even Pesos doesn't mean a damn thing. What actually matters is its intrinsic value and what it can actually buy you!

I get that—really, I do—but I'm asking about this ratio for a different reason.
So, if parity shifts closer toward 1:1, does that mean the price of gold in euros climbs to meet the dollar, does the dollar price drop, or do they just meet somewhere in the middle?
Might be a silly question—don't judge me—but I'm curious.

When the Dollar gets stronger, gold and silver prices—measured in Dollars—tend to drop immediately.

Some folks actually think we might see parity between the Dollar and the Euro—a 1:1 ratio—down the road.

So, what does that mean for the price of gold and silver when you're looking at it through a Dollar lens?
Will the "Dollar" price of gold crawl up toward the Euro's level, or will the Dollar price slide down to meet it?

I assume you all follow my logic here.

steelseal12 said:Take today, for example—it’s raining, the temperature dropped, and I caught a bit of a chill because I left the windows open... now my lymph nodes are acting up again and my throat feels off...

Anyone have any ideas? This is driving me insane...

Also, does anyone know a top-tier ENT specialist?

You didn't catch a chill. It's actually just oral bacteria. We all carry them around, but when your immune system dips—or life gets stressful—their numbers skyrocket. Also, people who've dealt with strep throat in the past often end up with tonsil crypts—basically little pockets where those bacteria settle in and become an issue (otherwise, you wouldn't even notice them).
A lot of folks claim they can cause issues elsewhere—like heart problems—so it might be worth boosting your immunity—maybe try some probiotic yogurt to help balance out the good bacteria against the bad.