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...
by irdadmin | Jul 29, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Bureau of Economic Analysis (BEA) released its “advance” estimate of Q2 GDP on Friday. The Government would have us believe that the U.S. economic growth accelerated to a 4.1 annualized growth rate in Q2. Other than the fact that a one-time jump in...
by irdadmin | Jul 27, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The homebuilder and related stocks are in an “official” bear market. For a short-seller it’s the perfect scenario, as the decline in homebuilder stocks has received little to no attention from the mainstream financial media. The current bubble is a...
by irdadmin | Jul 25, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
There’s no question in my mind now that the housing “snowball” has started downhill and it won’t take long to develop into an avalanche. In addition to all of the “for sale” and “for rent” signs I’m seeing with my...
