Thursday, June 11, 2009

Mortgage crisis explodes Foreclosures Exceed 300,000

Hyperinflation, THE WORST IN HOUSING YET TO COME? Are we on the brink of COLLAPSE?



What happens if interest rates go much higher BEFORE THE HOUSING MARKET BOTTOMS? Is money moving out of treasuries because the worst is over for the equity market OR BECAUSE THE WORST IS COMING FOR THE TREASURY BONDS???? THE FED SHOULD RAISE RATES NOW!!!!
Interview and discussion with Rick Sharga of the RealtyTrac. He talks about foreclosure data and the housing crisis. (Bloomberg News)



Crude Oil prices hit $78 a barrel !!!

crude oil prices continue their rally amongst an explosion in commodities prices fueled by the fear of an American Hyperinflation but also but the massive purchasing by China on commodities in a move to dump the massive US Dollar reserve it has accumulated these last years with its trade with America , the greenback is heading for dire times according to high level investors and market analysts like Jim Rogers Marc Faber and Peter Schiff , all of them except this last already moved to Asia ...










Gold Will Top Currencies Charts

"I consider all currencies bad during this period 2009 to 2011,” Chris Locke told CNBC Wednesday. “Gold, for me, is the currency to be in,” he said, predicting gold to continue to rally during the recession.Gold prices are shooting to the roof again amongst fear of hyperinflation predicted by top investors such as Marc Faber Jim Rogers and Peter Schiff ...if you have not bought your gold and silver bullion , what are you waiting for ...remember always put 20 to 25% of your assets in physical gold the rest can go into commodities ...but above all get out of cash ..the dollar will probably crash under the weight of the mountains of freshly printed new bills by the FED lately all backed by nothing but thin fresh air ...hyperinflation is inevitable unless a miracle happens










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