I did an interview with Kerry Lutz of the Financial Survival Network a little over a week. We covered the condition of the housing market and the precious metals market.
It’s no secret that I believe the housing market is getting ready to collapse again, barring some sort of extraordinary push to reopen the floodgates of subprime mortgage lending. Although I think the probability is low that will occur, it would not be inconsistent for the U.S. Government to underwrite something that stupid.
We also covered some topics in the precious metals sector. At the end of that segment Kerry was able to squeeze two mining stock ideas out of me. In the spirit of full disclosure, we do own these two stocks in the investment fund I manage with two partners.
Here’s the link to the audio podcast: Is The Real Estate Recovery Over?