Saturday , 2 November 2024

Lorimer Wilson

A Housing Boom is Coming! A Housing Boom is Coming! Here’s Why (+2K Views)

Yes, you read that right; get ready for the next housing boom. You're probably thinking, "How could that be with all the mortgage delinquencies and foreclosures going on, and the record levels of housing inventory? Well, it's not going to happen soon - [probably] not for several more years - but it's coming. [Let me explain to you why it is inevitable.] Words: 589

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Get Ready: Economic Hell is Coming!

Tens of millions of American families are about to go through economic hell and most of them don't even realize it...Most Americans realize that things seem "harder" these days, but most of them also have faith that things will eventually get better. Unfortunately, things aren't going to get any better. The number of good jobs continues to decline, the number of Americans losing their homes continues to go up, people are having a much more difficult time paying their bills and our federal government is drowning in debt. Sadly, this is only just the beginning. [Let me explain.] Words: 1256

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U.S. Deficit Projections Dramatically Understated! Here are the Likely Numbers

While Washington debates raising the debt ceiling and cutting spending to achieve $1 to $2 trillion of savings over the next decade, it’s worth pointing out that these savings may never materialize because the existing official budget numbers are too optimistic across several fronts. [Let me show you some numbers that will both surprise, concern, and enlighten you.] Words: 1070

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The CPI, TIPS and Protecting Yourself From Inflation: What You Need to Know

Many investors are worried about inflation and, as a result, are considering buying inflation indexed bonds and other inflation protected investment vehicles. They may be setting themselves up for significant losses, however, because of the way the government is now calculating the CPI, and the further changes being proposed. In the opinion of this writer, the CPI calculation appears to be inaccurate and, as a result, such investments may not be appropriate inflation hedges. [Let me explain.] Words: 1533

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Sprott: Shocking Shenanigans in Paper vs. Physical Silver Market (+2K Views)

The recent bear raid on silver - a 30% drop over only four days - has left many concerned about the sustainability of its historic run...with [many] commentators... making the bubble call. Silver bubble 2.0? Hardly. Anyone who has been fortunate to have been invested in silver over the past few years would unfortunately be used to such blatant takedowns. The Chinese don’t call it the "Devil’s Metal" for no good reason. With so much talk these days about the risks of investing in silver, we think that perhaps it may be timely for us to weigh in on the matter. The silver market is riskier than ever - but for reasons the vast majority of pedestrian commentators have failed to grasp. [Let us explain.] Words: 1517

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Gold to Repeat? (+2K Views)

I believe that sooner or later Dr. Bernanke and the Feds will have to resort to another round of quantitative easing which will cause investors to run back to the safe haven of precious metals but, until that happens, I conclude that gold will continue to weaken... [Here's why.] Words: 461

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Gold’s Recent Price Action Suggests Ultimate Top of $5,000/ozt.

The correlation between the gold price from 1968 until 1979 and from early 2000 until today is an amazing 89.65%! More specifically, the correlation from 1975 until April 1979 and from January 2008 until today is an astonishing 97.83% suggesting that gold will reach an ultimate top of $5,000 per troy ounce before the bubble bursts. Words: 330

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