by irdadmin | Jun 22, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
This commentary is from a subscriber to my Short Seller’s Journal: The 3% down loans seem to have brought in a lot of first time buyers into the market. I live in the east bay area of California, which is more affordable than San Francisco, or the South Bay area...
by irdadmin | Jun 22, 2016 | Financial Markets, Housing Market, U.S. Economy
It’s happening here too, NE Florida. Lots of inventory in higher priced areas (around $400k), lesser expensive areas are selling but at much reduced frequency. Lots of for sale signs out there and they’ve not come down. I see price reductions now, and still no traffic...
by irdadmin | Jun 21, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
We’re very bullish on gold, which is the anti–paper money, of course, and is underowned by investors around the world. – Paul Singer, Elliot Management Corp I keep Fox Business channel on because it has the best tv “ticker scroll” for monitoring...
by irdadmin | Jun 21, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The economic reports continue to show an overall rate of deterioration in economic activity down to levels – in general – comparable with the 2008-2010 period. Freight transportation activity is part of the “nerve center” of the economic...
by irdadmin | Jun 20, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Gold was taken down $19 from the close of Friday’s post-Comex Globex trading, when it closed at $1301, to $1281 40 minutes into Comex floor trading on Monday, June 20. The apparent catalyst was the polls which surfaced over the weekend that showed the public...
