investment

Bye-Bye, Bernanke… Hello Timmy?

"Paul Brodsky, a founder of QB Asset Management, with a decidedly different take. As some background, Paul's hypothesis – not unlike that of many Casey Researchers – is that governments will have no choice but to continuously accelerate money creation, which will lead to a reset of the global financial system sooner rather than later. Therefore the Fed doesn't need someone with sterling academic credentials as its next chairperson – it needs a diplomatic,'relationships' type to lead the US through the coming economic upheaval. And he believes that dark horse is Timothy Geithner." Continue reading →

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Rental Investors Find Rich Pickings in Midwest, South

"Investors in single-family rental housing face the brightest prospects for steep returns in a string of cities in the Midwest and South, many of which were hit hard in the economic downturn, according to a study released Wednesday. Foreclosure-tracking firm RealtyTrac ranked the 20 best markets in the country for landlords to buy single-family rental houses by calculating the annual return an investor could achieve from buying and renting out a typical three-bedroom house. Memphis, Tenn., Saginaw, Mich., Toledo, Ohio, and Jacksonville, Fla., were among those on the list." Continue reading →

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Is the Fed Blowing a New Housing Bubble?

"Over the past year, the Federal Reserve has ramped up its policy of quantitative easing, with the result being new stock market highs and surging bond prices. Moreover, housing prices jumped 8%, the biggest annual gain since 2006. The result is that more than a trillion dollars have been added to the market value of single-family homes. Homeowners are now wealthier and according to what economists call the 'wealth effect,' they should be willing to spend more, helping the economy. But recent data released by FHFA suggest that the increase in house prices is not being driven by a broad-based improvement in the economy's fundamentals." Continue reading →

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Bubble, Bubble, Housing in Trouble

"It appears that the Fed’s zero-interest-rate and QE policies have finally achieved its insane goal of re-igniting a housing bubble. The Case-Schiller 20-City Index shows that housing prices increased by 1.2 percent in February and 9.3 percent year-over-year. All cities included in the index experienced substantial gains, which have been driven by staggeringly large increases in the bottom tier of the market. In Atlanta, bottom-tier home prices rose 36 percent year-over-year and at an annual rate of 70 percent in the past three months." Continue reading →

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Going Global 2013 – Internationalizing Your Assets – By Casey Research

"Featured Speaker includes: Doug Casey; Peter Schiff; Mike Maloney; David Galland; & Kevin Brekke. Going Global 2013 Report - Not only for Americans but all people of the world to consider in preserving their wealth legally against corrupted Governments." Continue reading →

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China Goes Gold Crazy. Why Now?

"Mainland Chinese purchasers have been ferocious. First, they emptied stores in their own country. Caibai, Beijing’s largest gold merchant, had a queue 30 feet out the door on the morning of the 19th. 'So many people in line,' remarked a customer in Nanjing, where one person splashed out 2.9 million yuan on ten gold bars each weighing a kilogram. Retailers ran out of stock in Guangzhou. The China Gold Association reported that on the 15th and 16th retail sales of gold tripled across China. Daily sales soared to five times the usual level at one retail chain. As Chinese emptied the shelves in their own country, they also went south and swarmed shops in Hong Kong." Continue reading →

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BitCoin Is Gold 2.0: Venture Capitalist

"The bitcoin boom is just getting started, two venture capitalists said Monday at the TechCrunch Disrupt conference. Get ready for a wave of new bitcoin start-ups, said Chris Dixon, general partner at Andreessen Horowitz. Dixon, who said he has a 'fair amount' invested in bitcoins, said that tech entrepreneurs have historically struggled to get into the financial tech space because of its massive size and the rigid regulations related to the finance industry. But the anonymous payment network that bitcoin provides helps avoid these obstacles and that has entrepreneurs in Silicon Valley excited, Dixon said." Continue reading →

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Buy Gold NOW

"The important thing to realize that if gold and silver were to see another leg down, we fully expect buying physical metals to get more difficult and expensive, not better. At this point, there is no evidence that supply is easing up. Even – or perhaps especially – at lower spot "paper gold" prices, it could become very difficult to get your hands on bullion. And you'll pay even higher premiums on items with the tightest supply. We don't care to predict how long delivery times could get. Don't be fooled by what happened in the futures market. If you wish you'd bought tech stocks in 1990 or real estate in 2000, you now have a moment like that in gold." Continue reading →

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Canada to tax Bitcoin transactions

"Canadians using bitcoins, the decentralized crypto-currency that recently went mainstream, must report their incomes and pay taxes as with other earnings, Canada's Revenue Agency (CRA) confirmed following a media request. The issue was clarified in response to a letter by the Canadian Broadcasting Corporation (CBC) ahead of the country's tax season. Two separate tax rules are applicable to the electronic currency. When bitcoins are used as money to buy goods and services, the transaction is treated as barter and is taxable as such. When they are traded at a market for profit, they may be taxed as capital gains." Continue reading →

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Hiring Spreads, but Only 14 Cities Top Prerecession Level

"Employers are hiring more readily across the U.S., though only 14 of the nation's 100 biggest metropolitan areas have more jobs now than they did before the 2008-09 recession. Six of them are in Texas, according to researchers at the Brookings Institution, who recently analyzed local economic conditions through the end of 2012. Austin added more jobs, percentage-wise, than any other metro area, helped by stable employment at the state government and University of Texas as well as high-tech jobs." Continue reading →

Continue ReadingHiring Spreads, but Only 14 Cities Top Prerecession Level