Thursday, January 14, 2010

2009 Record Year for Home Foreclosures 2010 will be worse

A company that keeps tabs on home foreclosure records reported Thursday that 2009 was a record year for home foreclosures. RealtyTrac said 2.8 million households received foreclosures notices last year and that figure could rise this year.

Tremendous Rally in Mortgage Securities

Jan. 14 (Bloomberg) -- Brian Lancaster, head of asset-backed securities strategy for RBS Securities Inc., talks with Bloomberg's Lori Rothman about the performance of mortgaged-backed securities. Lancaster also discusses investment strategy, the current activity compared to the market peak and federal industry regulations. (Source: Bloomberg)

America is bankrupt says Bob Chapman

Bob Chapman on The Sovereign Economist 13 January 2010


America is bankrupted spoiled looted by the too big to fail , Bob Chapman as usual advices to invest in precious metals Gold and silver and to stay away from paper money , there will a dollar devaluation in America the same way Hugo Chavez devalued the Bolivar in Venezuela
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