- On 14 May 2013
in
Why are straight men using lesbian dating sites?,
everything said:
Straight men who go to feminist sites, are just that .. feminine. I spent many months, time, and $ trying to find a new girlfriend, just gave up, and found it easier to just call on a girl who actually likes me.
- On 14 May 2013
in
Read this if you think silver is going to the moon,
everything said:
Glad to hear silver production costs are going down to about zero, I figure zero because $4 is not much, meanwhile, it's just gouging and manipulation, and speculation since silver is currently 6 times that price and was up to 12 times that price.
I would wager a guess that silver prices are going to stay high (for Iwog that would be over $15 which is 4 times the norm), for some time since exclusive silver mines are still coming out of mothballs, typical business cycles last about 10 years so silver production is still ramping up from that perspective.
With such low interest rates the mining industry should be pretty well set from obtaining all the equipment they need, caterpillar started laying employees off. With warehouses stocked and metals productions finding new records you would think prices would be somewhat reasonable. I don't think we will see gold prices change much until central governments stop printing money and buying gold with it, which I'm sure they will once they determine they've got enough tonnage, or strategic reserves.
- On 2 May 2013
in
Americans are increasingly foolish with debt,
everything said:
Yeah, but lol, just look at the government, they are just following suit.
- On 2 May 2013
in
ECB cuts interest rate to record low,
everything said:
Getting close to free money. Hard to put an accurate value on anything anymore.
- On 29 Apr 2013
in
Sell + Take profit + rent OR Continue to Live in the (own) house?,
everything said:
I would just say, you did good, now plan ahead, figure out what the top is, sell at the top, or near it, that way you don't have to wait but a year or three long to find another place, maybe in your mind, something better than you got now. Or if your happy where your at, heck, like Iwog says, supposedly you got another few years, so maybe in a few years you'll be readier to move.
- On 26 Apr 2013
in
How to Fix the Great Real Estate After-Bubble,
everything said:
Definitely they should be sold up the chain, individual private owners have proven to be to much of a risk in the RE game. Small property management companies will be springing up left and right, plenty of competition, service based business's, and cheap labor to maintain the rentals as cheaply as possible. Sure, lots of places will just get more run down and some neighborhoods will go downhill, some .. maybe uphill, but that's business.
- On 26 Apr 2013
in
Millions in U.S. cannot afford to see a doctor, while we give billions to banks,
everything said:
Not much sense going until the cancer spreads anyways. If you get a diagnosis it's pure luck, and little to no profit in keeping you healthy.
- On 26 Apr 2013
in
Japanss Scary Lesson on Slashing Interest Rates,
everything said:
The fed won't be raising rates, ever, we are in an extended deflationary period, much like Japan. Once money is exclusively cheapened it stays that way, as it always has before. This is why hard assets like land, RE, gold, energy, collectibles, etc. are safe havens.
- On 25 Apr 2013
in
The end of the gold bubble,
everything said:
Supposedly Soro's is buying quietly in smaller amounts on the way back up. I just said what I heard, I said longs because I substituted that for meaning money is piling back in to slv.
- On 25 Apr 2013
in
AAPL to $500?,
everything said:
I just heard on the news, that Apple, instead of paying dividends out of cash .. they borrow the money to pay out dividends. Supposedly more corporations are getting back into borrowing again, money is so cheap that way, it's just hard to resist.
- On 25 Apr 2013
in
The end of the gold bubble,
everything said:
Two days ago JPM said close shorts.. Sure enough within a couple of days.. The longs are back.
- On 25 Apr 2013
in
Is it better to buy or rent?,
everything said:
Actually sold, could not afford it, tax/maintenance burden was cost inefficient for one person while wages stagnated.
- On 18 Apr 2013
in
No relief as Nor. California prices continue to accelerate,
everything said:
Lol, more cash than houses.. And, the current owners don't need to sell either, to good of an investment with increases like this.
I predicted this, with rates like this, why ever sell. It's another bubble, wait for a top to form, could be awhile yet as long as the fed keeps floating it.
- On 17 Apr 2013
in
This might require some healthcare.,
everything said:
It's not in the grade A grass fed highlands that I've been eating for the last 15 years, but even that is more of a treat to me these days. But, then I worry that a bird might crap on my vegetables and I'll get bird flu.
- On 17 Apr 2013
in
The end of the gold bubble,
everything said:
Some say it's manipulated, but they get the last laugh anyways knowing well enough to buy in the troughs, then .. just wait. It's the Asians who are buying the most physical anyways. When you've never had a savings account that gave you anything - ever, you go with something that is time tested, and works.
It could take a while for PM's to completely correct, some say a few more years yet.
- On 17 Apr 2013
in
Great monthly payment affordability is driving sales,
everything said:
Affordability does not matter with rates this low. The maintenance, taxes, local utilities, the drive into work, all added up to outweigh my house payment. Maybe people don't pay attention to that but my tax bill would have been $3600 today if I'd kept the place, but that feels small compared to others I know who pay even double that for property taxes.
Nobody ever figured out that high home prices are really only good for the banks, the flippers, and the greedy.
- On 16 Apr 2013
in
Mexico real estate,
everything said:
I was recently in the Yucatan and their was plenty of RE for sale. Stayed in a nice beach rental a mile north of Telchac Puerto that was for sale and rent. Met a few American owners who lived in the area. For a few hundred thousand you can get a place on the beach, but to be honest, the beach or ocean did not really impress me, actually nothing about the area impressed me. The lack of infrastructure was amazing, first thought was this is where the tea partiers can go retire.
- On 15 Apr 2013
in
Silver Crash,
everything said:
No kidding, big pullback for PM's. Supposedly now, $20 is the new possible bottom for silver. Corn, I think will fall as the summer growing season turns out to be bumper. Supposedly commodity deflation is coming, I'll believe it when I see it
- On 10 Apr 2013
in
The US Housing Recovery Is A Mirage And A Serious Delinquency Crisis Is Coming,
everything said:
From the looks of things, the delinquencies never really mattered in the first place, especially when investors are frothing at the mouth to get to them. It's easy money, just lying in wait. The U.S. government has insured that the capital is available to absorb any and all excess RE inventory that comes available. Also, since the Fed is available to absorb any losses the RE industry may incur, this article stating delinquency crisis is pretty much bogus. Sure, prices may have come down some on RE, this is normal, prices do go up and down, but mostly up with interest rates so low and money/credit being available to investors.
- On 13 Mar 2013
in
Solar Opportunity,
everything said:
Solar is in opportunity, if and when it pars up with fossil fuels then this is the ground floor. What happened with Suntech, I'm thinking they were dumping product which is common for China. Where, here in the U.S. I figure the CEO's would run away with the money like they usually do.
I've always wanted to learn more about investing in solar companies because of their boom & bust nature, but you would think they would watch the balance sheet a little more closely as it's just manufacturing.
- On 9 Mar 2013
in
Don't cry for me, housing bubble.,
everything said:
Lol, Roberto not the only one who bought the dip.
- On 8 Mar 2013
in
Return of the housing bubble,
everything said:
Sure, but who cares if it blows again, all this money being spent up makes for excellent tax revenues. Now that government owns more of the loans banks won't need to be bailed, the government can just write the loans down, lower rates even further again, kick people out if they want, or let em stay. But, if the government owns more houses, the market won't crash quite like it did last time.
- On 8 Mar 2013
in
Addictive Properties of Fast/Processed Food,
everything said:
They like it this way. 500 thousand gallbladders removed every year in the U.S., sickness equals profit, laparoscopic surgery, outpatient procedure, easy money, come one, come many.
- On 6 Mar 2013
in
The Fed, Instead Of Lehman, Owns The Mortgage Market - Forbes,
everything said:
That's ok, let them corner the market, and no shit, they got bailed out last time, they'll just do it all over again. If you can't get the people to buy the homes directly, then buy them in pools, and sell them a piece of paper instead, that's how the derivatives market worked.
- On 6 Mar 2013
in
New real estate bubble firmly in place. Lets share tips.,
everything said:
They are buying to flip all over, especially in the city, if it's going to auction you'll see it relisted again at higher prices after a contractor put some lipstick over the moldy walls. Nothing has fundamentally changed, it just took lower rates to get the merry go round spinning round again.
The tip is to go where the money is, for example, I'm sure plenty of flippers left Phoenix already and have headed for Vegas which was down hard, as desperation mounts and easy money flows from monetary easing and fractional lending process, Vegas should again be a hot spot again.