Wednesday, June 10, 2009

is there a Rebound in Housing ?

The mortgage bubble has burst and caused the Recession
can housing sector now lead us back to recovery ? Exclusive Interview with Radar Logic CEO Michael Feder (Bloomberg News)

Higher mortgage rates could give birth to a rebound in housing this year, where cheaper loans and lower prices have enticed buyers to cut into the inventories of unsold homes.

Loan refinancings also known as remortgage will take advantage of lower rates have also been key supports of the housing market in 2009, providing a rare bright spot for a market buffeted by rising defaults, foreclosures, and falling prices.some expert see a stabilization in the market others say that the worst is still to come


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Crude oil futures closed higher by nearly 3 percent, above $70 per barrel

Oil Tops $70 a Barrel


Crude oil futures closed higher by nearly 3 percent, above $70 per barrel for the first time in seven months Tuesday, hitting a new high for the year. The move higher was triggered by a falling dollar, and a report out of the Energy Information Administration forecasting higher crude prices.Natural Gas Gold Silver Platinum Palladium prices are all rising amongst fear of hyperinflation ...commodities also are rising fueled by massive purchasses from china which sees commodities as a safer to spend its massive amounts of accumulated US dollars thanks to its trade with America largely beneficiary to China

Cash for your gold jewelry

It is certainly a sign of the depression we are heading towards people start selling their gold jewelry for Cash...Gold Stash for Cash helps you turn your unwanted jewelry into money.

Rebound in Gold and Silver Prices

as central banks and particularly the American federal reserve the FED continues to flood the market with US dollar notes freshly printed out of thin air , investors fearing hyperinflation like Zimbabwe ex Yugoslavia Argentina or Weimar way have been and will continue to invest in Gold Silver commodities and other precious metals ....Gold prices have been rebounding as central banks around the world print more money, with Jim Grant, CNBC











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