by irdadmin | Aug 29, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“Those who see no Lehman-like episode on the horizon did not see the last one.” – highly regarded writer, George Will, in a National Review article titled, “America Is Overdue For Another Economic Disaster” Lost in the largely meaningless...
by irdadmin | Aug 24, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I remember vividly the scene in The Big Short when a housing broker was driving the “Steve Eisman” group around California’s “Inland Empire.” Home prices were dropping and the vista was littered with “for sale” signs. The...
by irdadmin | Aug 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
In 2008, gold was taken from $1020 to $700 and silver was pounded from $21 to $7 during the period of time that Bear Stearns, Lehman and the U.S. financial system was collapsing. The precious metals were behaving inversely to what would have been expected as the...
by irdadmin | Aug 12, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“We’re now forecasting slower revenue growth for the third quarter based on an unexpected drop in Redfin’s bookings growth in the past three weeks, slowing traffic growth in a weakening real estate market.” – CEO of Redfin (RDFN) on the...
by irdadmin | Jul 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
This almost makes me wonder if Angelo Mozilo is running NASA Federal Credit Union. A Short Seller’s Journal subscriber heard an ad for this mortgage product on his local radio in Atlanta. NASA Federal Credit Union is offering 0% down payment, 0% PMI (Private...
