Ed Ross who just had a book “Forecasting for Real estate Wealth: Strategies for Outperforming Any Housing Market”, is saying that NOW is the time to buy and jump back into the housing market. It is my personal opinion that anyone claims such given the preponderance of evidence against him or her is just irresponsible. …
Ed Ross who just had a book “Forecasting for Real estate Wealth: Strategies for Outperforming Any Housing Market”, is saying that NOW is the time to buy and jump back into the housing market. It is my personal opinion that anyone claims such given the preponderance of evidence against him or her is just irresponsible. …
In the short term, it appears that several markets may reverse directions. I have been saying that I believe the general stock markets will go up since end of March. I’m changing my short-term stand now. I believe that there are too many clouds in front, and the forward picture is simply not clear at …
I really should tip my hat to Hussman for his insights. He has been exceedingly successful in navigating the bear/bull markets. I truly think that the coming 2 months will not be pretty at all for many markets, and unfortunately gold included. First thing first. Judging from the crude oil chart, it appears that we …
In two weeks of time, the bank reserves continue its swan dive. The whole banking system is now held and patched together by Federal Reserve. Without all the bailouts for the bankers, many banks should have gone under. Here is the data for the current bank reserve (click to go to Federal Reserve data), at …
Well, actually it’s probably going to be less than $2, since JPM will probably fall on Monday. BSC is the 5th largest brokerage company in America, brought down by the housing bubble created by Greenspan & company. These are the financial innovations on Wallstreet, creating bonus and money out of toxic loans. Gold and silver …
I think few people realize that America/the world is facing the biggest financial storm ever, and how dangerous it is for investing in stocks before a full implosion. The housing-induced credit crisis has gone far beyond anyone can potentially control, probably not even the Fed. Reading over so many current/future proposals from politicians and bloggers, …
My Market Based Solution To The Housing Market Mess Read More »
http://www.1stmillionat33.com/2008/01/nat-should-be-sold/|http://www.1stmillionat33.com/2008/01/nat-should-be-sold/| Sorry that I have been too busy to write about this. I have already sold all of my holdings in NAT. The coming correction will not be kind to NAT, I believe. This is the only stock that was specifically recommended by either ML or me, which I believe should be sold. I also …
FBI has confiscated all assets including all gold & silver plus all computer records from www.libertydollar.org! Here is from libertydollar.org: Friday, November 16, 2007: Make no mistake, the FBI and Secret Service raid on the Liberty Dollar at 8:00 AM on Wednesday, was a direct assault against the US Constitution and your right to own …
Just some more data points on this crazy markets: Have you heard those radio ads on TreasuryDirect for buying US bonds directly? I listen to business channel on radio when driving to work everyday. Never heard that kind of radio ad before. Maybe US bonds are really unwanted and required special advertising these days from …
