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Why Coming Option ARM Crisis Will Send Gold Higher – Much Higher!

Just as 2007 and 2008 were the years of subprime woes, 2010 will go down as the year of Option Adjustable rate Mortgage (ARM) resets. This crisis is about to unleash a fury no one’s prepared for. It won’t be as bad as subprime, of course — it’ll be worse. Words: 557

June 4th, 2010 | Posted in Gold/Silver,Housing Prices/Foreclosures,Investing,Real Estate | Read More »

Payment Option ARM Resets to Explode with Devastating Consequences

The next phase of the real estate disaster is upon us. It’s just shifted from subprime to Option ARM and with many economists predicting unemployment will stay in the double digits, foreclosures will only accelerate, which will add to bank losses, which will add pressure to the financial system and broader economy. Words: 547

January 19th, 2010 | Posted in Housing Prices/Foreclosures,Real Estate | Read More »

 

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