There is a way to hold predatory lenders responsible, help people to keep there homes, and not put the tax burden on future generations. It is called term ownership. Do the research and tell your senator about it before it’s too late.

BVonMoss,

We are looking to relocated as expatriots. What country are you living in? And do you like it? We’re currently researching.

Thanks!
Ashwood

But the problem is people don’t want to wait people want to buy it now and these buyers don’t have a lot of money. If they lose their jobs, which I’m sure they will, their homes will be foreclosed.

Is God an absentee Landlord? Wake UP people. Capitalism is SORCERY

Thank you. What you’re saying is a well hidden fact. Even the news and the Fed Reserve stooges are saying things will get better soon and are looking up now. The so called American dream itself is at least 70% overrated, not just cheaply made stick frame houses.

You’re 100% correct. I didn’t know about the banks books, but I believe that there will be another round of forclosures comming around June. The Alt-A and Option Arm loans will be adjusting. There is a lot more to come. Compared to gold prices, the stock market is 1/2 inflaton. When the market corrects this summer, it will fall to half.

Thanks.

Here is a thought …ever here of REO’s? That’s why they are not listed. The bank sells them in bundles to investors like myself to avoid the costly and lengthy MLS process. Maybe you should get all the fact before posting videos like this. The Real Estate Market or the Market in general does not need half truths!

Very good work. Commercial RE bomb starts going off in 60 days. GET OUT OF DEBT FOLKS. Cash out your IRA’s, 401k’s, they are going to take it all.

The one thing I hvae noticed is that all the Big Name Companies going down have one thing in common, DEBT.

So, I’m talking about a classic investment style, somewhat forgotten, that was based on living in a time when bank deposits were not guaranteed, gold was more commonly dispersed among the populace, and a 10% position in gold was standard if you were going to be overweight in paper markets. This style was never the standard approach of the dominant firms the US investor was robbed by.

Hi, Growby, You used the term “near term” in your question to matushka. All I can say is that I have seen over the last six years many predictions I have made and others made, ended up wrong – the manipulators knock the price down.

Not true about “classic investment style.” As close as I can tell all the investment firms told the average investor to disregard gold altogether, because it didn’t pay interest. The people that got us into this mess control the printing press.

I have been in the precious metals market for six years. Short term price predictions are pretty much impossible. The entire problem really revolves around the idea that few people followed classic investment advice that 10% of money should always be in precious metals as insurance against currency collapse. A person would not worry about the current price if this principle were applied as intended. Thinking you can get gold 100 dollars cheaper is just a “quibble.” Gold goes to 3-6K IMO.

do you have any prediction on where’s gold going in the near term?