Tuesday, January 5, 2010

20 Million Mortgages Underwater

23% of Homeowners owe more on their mortgages than the Properties are worth WSJ

About 588,000 Borrowers defaulted on mortgages in 2008 WSJ
25% of Mortgages are underwater nationwide , 45% in Florida
Democratic strategist Julian Epstein and Republican strategist Trent Duffy debate whether reducing the principal on troubled mortgages is fair.










First Day of Trading Bodes Well for 2010

When it comes to the first month of trading, investors have a saying: "as goes January, so goes the year." The adage is known as the January Barometer. (Jan. 4)

Monday, January 4, 2010

Bob Chapman outlook for 2010

Bob Chapman had today two long interviews on Power hour and Gold and Silver trading the topics are gold silver the 2010 outlook the devaluation of the dollar the multilateral default , the Smithsonian meeting debt settlement the banks failures the FDIC 9 billion dollars debt , Bob Chapman called 2010 an interesting year with a lot of trouble coming up...




Bob Chapman is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Bob Chapman also known as The International Forecaster was the largest gold and silver stock broker in the world for 28 years was a trader for 25 years , He owned his own Brockerage Firm for 18 years

DAILY NEWS ON BOOZE