How long can this market be dominated by traders?
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Nice video franky…
Yes, thanks franky.
Good comments by Chris Temple… I will add that the Obama ‘Administration’ will
outperform the Clinton ‘Administration’ in stock market gains during their respected eight year presidential term… a.k.a David Axelrod the link between Wall Street and D.C.
This has nothing do what is right or wrong it’s about legacy.
The course of stocks depends entirely on the money situation. If the interest rates move up that could stop the green light for the markets.
I agree DT. Any significant upward move of interest rates would send the markets into a tailspin and all but stop the free flow of money. Traders would not be able to leverage the markets to new highs and those with loans will be squeezed so tight we could see a serious uprising.
U all know what… I think bo polny is “right now” making the right calls for gold price… after top … then summer low… dont know how low… but today reached 1302 and now is 1305 …. will it be lower … the explode to 2000 by end of 2014 … this guy is really confident
If gold does hit $2000 by the end of the year then we all should give Bo a lot of praise. Right no wit is too early to call. I think Doc has been more spot on with direct calls.
The meteor example is excellent, LOL. This market has been defying all the laws of gravity for a very long time to everyone’s amazement…
I wonder how much longer it can go on for…
Here is an interesting article. At least there are a few people out there who call it like they see it. http://www.morningstaronline.co.uk/a-8055-More-unemployed-people-in-every-region-of-Britain-than-before-2008-financial-crash,-TUC-study-shows#.U8Q348hzbIV
Here is something else. At the beginning of the “recovery” every financial pundit and his mother was using the Phoenix area as an example of the US’s housing recovery. Look at where Phoenix is now: http://wpcarey.asu.edu/sites/default/files/Full%20Report%20201406.pdf
no recovery……………no jobs………………..
Interesting.. Thanks Chris!
Is there any similar link u know of for Reno Nevada?? TIA.
I’ll do a little digging and if I find something I’ll post the link. But Nevada is not doing well at all from what I have read.
Here you go, Greg. I hope this helps. http://renorealtyblog.com/wp-content/uploads/rsar-market-report-2014-06.pdf
This is the most recent report, June 2014.
Awesome, havn’t been to Reno in 15+ years. Less than a 1.5 hour flight from Vancouver.3 buddies have picked up places in Phoenix in the last few years.. Have never spent anytime there, other than Sitting in the airport.. but, the city has never really interested me. Thanks!!
Your buddies are going to have a hard time unloading their Phoenix properties at a profit. Last place somebody wants to live in is in the desert with no jobs to be had. I would stay clear of Nevada as well. Take a look at this: http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10932785/The-race-to-stop-Las-Vegas-from-running-dry.html
That is scary.. My 3 friends all bought homes within walking distance of each other. Ifi remember correctly, one bought at the peak, in the low$400’s got pissed off lol andbought another in the $150’s and rents out.One bought in the$150’s and claims he hit the bottom of the market,and the third friend somewhere in the mid $250’s..Not following the US real estate market.. I really dont know how they are faring. Cheers,
We live in total corruption and fraud numbers and manipulation ! A MAST SEE ! CHRIS and CORY and ALL !!!!!!!!!! https://www.youtube.com/watch?v=r50fZtuXwGo