financial markets: All This Cash, Soon The Money Will Flow. - 11/16/10 11:49 PM
With hugh amounts of money in the system, when are they going to give it away again? I got a call last week about 10% down commercial money. I don't know what the programs will be yet, but it is going to happen. There will be a little here a little there, but the gates are going to open. The Fed is trying to set it up now. It only a matter of time. Rising prices are the only way out. There will be some kind of credit amnesty to forgive the short sales and foreclosed people. It just a matter of time. … (9 comments)
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financial markets: If there is a solution, I think this is it, tell me what you think! - 11/16/08 10:55 PM
Our government is putting money into the banks and institution directly now without commitment or direction, for the funds to flow, if flow at all.
Instead of putting money everywhere in creation and not knowing if it is going to be put to use, I think it should go into subsidizing new home purchases through Fannie and Freddie. If Uncle Sam just buys bad paper it isn't going to help real estate prices move lower and there are more bad mortgages to deal with. The banks they give the money to don't want to give mortgages because they are not sure … (11 comments)
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financial markets: Best news for Real Estate in Months! - 10/17/08 09:15 AM
The past few days Short term Treasury Bills and LIBOR, both over night and longer have eased. The Treasury Bills are going up in yield, meaning the flight to qualityis backing off. The LIBOR interbank rate has been back off. This means banks are starting to lend to each other. This is what we need to get loans out to people needing credit. It will help to ease up mortgage loans for qualified buyers. There has also been some execution of mergers and acquisitions, many groups and companies are able to raise money through debt.
Confidence has to come back and is indicated … (7 comments)
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financial markets: Do you believe this? AIG ad 9/2005 the Kiss of death! - 09/28/08 08:16 PM
National Geographic magazine September, 2005 special issue, rear cover ad by AIG. My wife came across this magazine.
The ad depicts a small girl very dressed up with a crown barrett, I guess indicating some very loving child that needs protection for her financial futures. Someone that is very loved and cared for. Every ones little Princess.
It states:
THE FINANCIAL ORGANIZATION
TO CHOOSE FOR YOUR
GREAT-
GREAT-
GREAT-
GREAT-
GREAT-
GRANDCHILD.
They made it 3 years, almost. They anticipated 200 hundred years. What a mis-calculation. I think they should of consulted their … (8 comments)
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financial markets: What can we do to help ourselves? - 09/27/08 10:43 AM
NAR figures in July for homes existing homes available for sale was 4.67 million.
NAR has over 1.2 million members.
At current sales rate, NAR estimates yearly sale at 5 million units.
So I propose that each member do everything in their power to sell one home in the next month. That would equal 1.2 million homes or 1.2 million divided by 4.67 million or 25.7% of the inventory. Assuming that an additional 416,000 more will be added to the market in that month, we would reduce the inventory by 784,000 units or almost 17%. If we could do this … (3 comments)
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financial markets: Oil stages biggest close ever! What's going on! - 09/22/08 06:43 PM
I have been going easy on trading ideas on activerain blogs, because it is not real estate. However, I have been trailing the signals into the body of my comments on the financials etc. It has been phenomenal!
This is a reprint of the quote from:
Oil breaks below $100 per barrel, Saudi Arabia pumps oil anyway.
"At 10:38 on 7 10 2008 I posted: Could Oil be in for a greasing? If you read it, I called for oil to drop to $75.00 per barrel over the next 6 months and to go short. The next morning it opened at 147.10 … (4 comments)
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financial markets: What if I said that you own a stake in a very large company? - 09/16/08 10:33 PM
It has been reported on CNBC that the federal government, for $85 billion has bought a 80% position in AIG. That makes every take payer an owner of AIG shares.
If AIG is savable the Fed has made good deal. I think they started with $800 billion dollars before Fannie and Freddie. So they are down to $320 billion.
It is all to avert the domino affect of this crisis.
Maybe, it will be a good investment. So walk proud, you own a piece of a blue chip (once anyway) company.
Let us hope Uncle Sam has a … (4 comments)
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financial markets: Oil breaks below $100 per barrel, Saudi Arabia pumps oil anyway. - 09/14/08 06:04 PM
At 10:38 on 7 10 2008 I posted: Could Oil be in for a greasing? If you read it, I called for oil to drop to $75.00 per barrel over the next 6 months and to go short. The next morning it opened at 147.10 and you know the rest. Well, we are only just over 2 months into it and we have lost 2/3 of my prediction.
Most thought I was wacky, that $175 was next. My Elliott wave patterns told me different. It seems like $75 will happen. However if we get a hard down day here I would look … (1 comments)
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