Your House : A Pile of Gold

Value of your house in Gold

If we track US home value in gold, not in term of dollar, from the 2005 peak to date, then a very stark picture begins to emerge.

2005 Average gold price $450 Median San Diego home price $500,000 or 1,111 oz of gold

2009 Average gold price $900 Median San Diego home price $325,000 or 361 oz of gold.

_____________________________________________________________________________________

Total loss in value in terms of gold around 70%

Why do we use gold as currency for home price ?

In many non-mortgage countries ( China ), houses are priced in terms of gold.

Drug Prevention Week at Del Norte High School

Red Cross Club at Del Norte High School

August Unemployment Data

States with high unemployment rates

California .......................... 12.2 ( highest in 30 years )
District of Columbia ................ 11.1
Kentucky ............................ 11.1
Nevada .............................. 13.2
North Carolina ...................... 10.8
Ohio ................................ 10.8
Oregon .............................. 12.2
Rhode Island ........................ 12.8
South Carolina ..................... 11.5
Tennessee .......................... 10.8

California Counties :

Imperial ___________ 28%

Riverside___________ 15%

San Bernadino _______ 14%

Santa Clara _________ 12%

Orange ____________ 9.6%

San Diego _________ 10.4

Being Bad 4 Good ! ! !

Being Bad For Good

_____________________________________________________________________

* Health Care Expansion Health care stocks

* Cash for Clunkers Auto industry stocks

* Federal bailouts Financial stocks

* Financial consolidation Financial stocks

American recession and global impact

Global unemployment :

Retail Business

Positives :

* Clothing - firming up up 2.3% three of the past four months.
• Electronics — rising 1.1% but that followed a 1.0% decline in July.
• Food/beverage stores had their best sales month, up 0.5%, since January.
• Drug stores also had their best month since March — up 0.4% last month and up in three of the past four months.
• Sports/music/book stores - a huge 2.3% run-up last month.
• Department stores - posted a 1.6% Month to Month surge

Negatives :

• Restaurants — up 0.3% and this followed two months of decline.
• Furniture stores - 0.2% sales loss — sales have been down now for six months running.
• Building materials - a huge 1.2% decline, the third large falloff in a row.