[stockstradr]

“3% FHA… Not a bad trade off”

Plus you get the 3% from credit cards, which you later default on as well. Take the “shell game” approach to financing the house purchase.

I’ll just write my down payment using those Credit Card Cash Advance checks the credit card companies always send me. Many of those each have as much as a $5K or $10K limit

Now we’re talking!

[stockstradr]

“3% FHA… Not a bad trade off”

Plus you get the 3% from credit cards, which you later default on as well. Take the “shell game” approach to financing the house purchase.

I’ll just write my down payment using those Credit Card Cash Advance checks the credit card companies always send me. Many of those each have as much as a $5K or $10K limit

Now we’re talking!

[stockstradr]

“3% FHA… Not a bad trade off”

Plus you get the 3% from credit cards, which you later default on as well. Take the “shell game” approach to financing the house purchase.

I’ll just write my down payment using those Credit Card Cash Advance checks the credit card companies always send me. Many of those each have as much as a $5K or $10K limit

Now we’re talking!

[stockstradr]

“I give the whole system two years.”

Yes. It will end with riots in the streets. And a bigger war (of distraction)

Remote caves are the dwellings that will appreciate most in value.

[stockstradr]

“I give the whole system two years.”

Yes. It will end with riots in the streets. And a bigger war (of distraction)

Remote caves are the dwellings that will appreciate most in value.

[stockstradr]

“I give the whole system two years.”

Yes. It will end with riots in the streets. And a bigger war (of distraction)

Remote caves are the dwellings that will appreciate most in value.

[stockstradr]

“I give the whole system two years.”

Yes. It will end with riots in the streets. And a bigger war (of distraction)

Remote caves are the dwellings that will appreciate most in value.

[stockstradr]

“I give the whole system two years.”

Yes. It will end with riots in the streets. And a bigger war (of distraction)

Remote caves are the dwellings that will appreciate most in value.

[stockstradr]

However, the problem is the lack of zero-down mortgage option that was so prevalent during the bubble years. The loss of the now-required down payment would wipe out the benefit of the couple years of rent-free living in a strategic default.

They really need to bring back zero-down no doc mortgages, so we can each clear like a hundred grand on a strategic default (like the rest of America)

[stockstradr]

However, the problem is the lack of zero-down mortgage option that was so prevalent during the bubble years. The loss of the now-required down payment would wipe out the benefit of the couple years of rent-free living in a strategic default.

They really need to bring back zero-down no doc mortgages, so we can each clear like a hundred grand on a strategic default (like the rest of America)

[stockstradr]

However, the problem is the lack of zero-down mortgage option that was so prevalent during the bubble years. The loss of the now-required down payment would wipe out the benefit of the couple years of rent-free living in a strategic default.

They really need to bring back zero-down no doc mortgages, so we can each clear like a hundred grand on a strategic default (like the rest of America)

[stockstradr]

However, the problem is the lack of zero-down mortgage option that was so prevalent during the bubble years. The loss of the now-required down payment would wipe out the benefit of the couple years of rent-free living in a strategic default.

They really need to bring back zero-down no doc mortgages, so we can each clear like a hundred grand on a strategic default (like the rest of America)

[stockstradr]

However, the problem is the lack of zero-down mortgage option that was so prevalent during the bubble years. The loss of the now-required down payment would wipe out the benefit of the couple years of rent-free living in a strategic default.

They really need to bring back zero-down no doc mortgages, so we can each clear like a hundred grand on a strategic default (like the rest of America)

[stockstradr]

Gold on front page of NYT (and same story in other news media) is why I dumped all my gold several months ago.

I’ll risk later ridicule and make three predictions:

1) Gold will hit $800/ounce before it hits $2000/ounce.

2) When that happens – probably within 12 months – then I’ll back up my truck and load up portfolio with gold.

3) Within five years we see $3,000/ounce.

We are still in a strongly deflationary recession with deflation about to enter nasty second leg down. I say you do not want to hold gold in near term.

[stockstradr]

Gold on front page of NYT (and same story in other news media) is why I dumped all my gold several months ago.

I’ll risk later ridicule and make three predictions:

1) Gold will hit $800/ounce before it hits $2000/ounce.

2) When that happens – probably within 12 months – then I’ll back up my truck and load up portfolio with gold.

3) Within five years we see $3,000/ounce.

We are still in a strongly deflationary recession with deflation about to enter nasty second leg down. I say you do not want to hold gold in near term.

[Author]

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