Monday , 6 May 2024

Lorimer Wilson

In Foreclosure? Don’t Worry! Your Bank Probably Can’t Prove They Own Your Mortgage! (+3K Views)

When a home owner is forced into foreclosure, the case is presented to a judge for approval. Historically, if uncontested, a foreclosure has quickly led to a judgment in favor of the bank - to evict the owner and confiscate the property. However, in the last few years a growing number of homeowners have been contesting the foreclosures and demanding proof of the note - or ownership of the mortgage - and, in many cases, the note can't be located by the bank. [As such,] the foreclosures are not being approved due to lack of documentation. Words: 719

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Gold & Silver: Core Investments for Every Portfolio (+2K Views)

[Are you one of the] millions of people who lost money over the past decade in stocks and housing [who] are now buying bonds, annuities, and other fixed deposit credit based investments? [If so you are probably doing so because you] think it is the conservative [thing to do but, in fact, you] are really a [being a] speculator buying an asset far above its intrinsic value with the idea that someone else will pay even more [and such action] is guaranteed to disappoint. [Instead, you should make] alternative investments the core of your portfolio. Words: 834

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Stock Markets Have Major UPSIDE Potential (+2K Views)

The U.S. stock market finished the month of September with its best performance in 71 years, i.e. since September 1939. The Dow Jones Wilshire 5000 index, as a benchmark of the total equity market, has gone up 10% since September 1 and all my analyses indicate that the market could see continued strength until at least sometime after the November elections. Words: 614

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Junior Miners: The Party Is Just Beginning!

During the panic of 2008, miners in general – and junior miners in particular – were devastated by the Wall Street-engineered sell-off, with many losing more than 90% of their value. With these companies sitting at once-in-a-lifetime valuations, no one (outside of the hardcore commodities investors) wanted to touch these companies. [That's not the situation any more!] Words: 1160

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Why Gold Could Go To $5,000 – and How To Capitalize On It! (+6K Views)

I believe the precious and base metals sectors are critically important to your portfolio and that the single best defense you can take for your portfolio is to go on the offense and to use precious and base metals investments - especially gold -to protect your wealth from the ravages of a falling dollar and to capitalize on a myriad of wealth-building opportunities. Words: 2010

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Let's Get Real: The U.S. is Bankrupt and the Consequences Will Be Dire!

Let's get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills. What it can and must do is radically simplify its tax, health-care, retirement, and financial systems, each of which is a complete mess... otherwise we are going to see dramatic increases in taxes, interest rates and consumer prices [with a resultant major decrease in our standard of living] and a dramatic increase in [the number of Americans living in abject] poverty. Words: 835

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Groundwork Has Been Laid for Hyperinflation, Soaring Interest Rates and Exploding Gold and Silver Prices (+2K Views)

Increases in spending and liabilities along with decreases in foreign lending equals a recipe for disaster. So, where will the money come from? This is a job for the printing press. While we are certainly facing deflation in the near term and a very choppy market, the groundwork has been laid for hyperinflation, soaring interest rates and exploding gold and silver prices. Words: 945

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