Keiser Report Predicts Colossal Collapse Coming E371
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There are 2 parts of the USA housing market: low end part which is in decline and the high end part which is always dominated by foreigners and thus is always awash with money (almost always ill-gotten) and the luxury housing is giving us an illusion that the market is going up, no, it's just the opposite. Many wealthy individuals from Spain , Greece and Italy are now moving their money from Swiss bank accounts into real estate. For example, in the last 4 years, almost ALL super expensive real e More..
Posted Nov-25-2012 Bycopilot1111111 (785.20) copilot1111111 View Channel Send Message
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What a good show!
Posted Nov-25-2012 Byshuttlespace (941.54) 
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Recessios are designed to steal wealth from the have Littles.
Posted Nov-25-2012 ByCanuke (204.60) 
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@Canuke the rich 10% own already about 90% of the wealth. How much more do they want?
Posted Nov-25-2012 Byno compromise truth (194.30) 
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i kind of want to bang Stacey
Posted Nov-25-2012 Bymorningwood (525.70) 
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WTF are these people?
Posted Nov-25-2012 ByDrenigma (526.80) Drenigma View Channel Send Message
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I agree that silver is a better investment than gold and will have a higher percentage increase. Silver is both money and a commodity that is used in industry so most of it has been used up over the last 60 years. Thus, there is more above ground gold than silver in the world today. And, I remember that silver was less than $5 not that many years ago. Its now over $30 and will easily go over $50 within several years.
Posted Nov-25-2012 ByNagold (192.98) 
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I don't take investment advice from RT, just as I don't get my news from RT.
Posted Nov-26-2012 Byplokiju (903.10) 
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@MB-UK
Prior to the 2008 crash I had a conversation with a friend in the banking industry about this very thing .....banks foreclosing and becoming land lords....interesting
Posted Nov-25-2012 ByMR tommygun (460.10) 
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@MB-UK
yea at the time it just seemed so obviose....you know id see empty lots being re sold over and over for 10-20% more each time and i thought to my self...
where is the value?
wtf are the banks thinking?
then it dawned on me ......
Posted Nov-25-2012 ByMR tommygun (460.10) 
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It is more of a currency collapse than a bull market in precious metals and commodities.
Buy gold, silver... As well as 'lead & brass' and food.
Posted Nov-26-2012 ByPresidentZero (302.70) 
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RT, thus by nature I'm leaning to call bullshit. However, he does make some good points.
Posted Nov-25-2012 Byconservative hispanic (949.80) 
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Keiser looks like an evil comic book character
Posted Nov-26-2012 Bypafc88 (104.84) 
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@dallenvt Owning an iPad and being able to buy chicken and chips doesn't make life better. In the past the middle classes owned property and their own businesses. These days that's becoming less and less.
Posted Nov-25-2012 Byplanesailing (331.90) 
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@planesailing I think the so-called "boom" of the real estate in London or New York is mostly because of wealthy foreigners laundering their ill gotten assets by investing into real estate which drives all the other prices up - Russians, Saudis and others. There is a very interesting article on what and who actually drives these "booms"
http://www.zerohedge.com/news/2012-09-30/money-laundering-driven-real-estate-boom-ending
Posted Nov-25-2012 Bycopilot1111111 (785.20) copilot1111111 View Channel Send Message
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@dallenvt Indeed, it's the same in London and has been for some time.
Posted Nov-25-2012 Byplanesailing (331.90) 
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