Whoops! Home Sales Took Another Dump
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
investmentresearchdynamics.com / By David Kranzler /
Looks like that elephant in the post below also squatted on the “housing recovery”narrative:
By the way, the “tight credit” narrative has been a complete load of elephant scatology as well. More on that later. Let’s say that according to a report issued by the OCC, banks have been shoveling out low-quality mortgages like a carny shovels elephant excrement out of the mammal tent. I will point out that the homebuilders closed well of their highs of the day despite the insane move higher in the S&P 500, which did close at its high of the day. My latest SHORT- SELL idea (
With considerable time and patience, you will make at least 70% shorting this stock.
The post Whoops! Home Sales Took Another Dump appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2014/12/18/whoops-home-sales-took-another-dump/
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