Real Estate

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    Is the Timing Right for a Gold Rally?

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buzzy

Is the Timing Right for a Gold Rally?

The biggest problem most investors have is timing. I think a price target of $3000 is conservative, but this does not mean I am backing up the truck yet. A retest of highs is likely as far as I’m concerned, but I am still not going all-in for a 12% gain. I believe there will be better entry levels. This is not the all-in moment in gold. The all-in moment…

Home Prices Rise, But Is It Sustainable?

The Case-Shiller 20-city┬áhome price index showed a 0.7% gain for April, which is due in part to seasonality. Although the weaker markets such as Detroit and Las Vegas were down in April, the majority of markets in the 20-city index were up. There should be a bounce in home prices in the spring and summer months, perhaps followed by further declines in the fall. While we probably haven’t reached a…

Extremes in Assets Developing

If you haven’t noticed, I love trading in extremes. It really doesn’t matter what the asset is or if we are talking about extreme bearishness or extreme bullishness. Extremes are when you can buy or sell assets at favorable levels because people lose their senses. Extremes are great because you can see them developing from a mile away. Usually extreme asset moves culminate in either a spike low or a…

Real Estate for Boomers

Yesterday I posted an article on my facebook page about how banks were building a real estate empire of foreclosed homes. As we all know, banks are in the business of making loans, not owning and managing homes. Although home prices have dropped considerably, the housing crisis is still alive and well. Here’s a graphic from the article that will help you to visualize the foreclosure crisis: The way I…

Rising Assets in a Downturn

As someone who shuns economic orthodoxy, I’m sure I say a lot of confusing things. When I view the economy, I try to be as objective and independent-thinking as possible. I don’t label myself and then pull out a checklist of everything I’m supposed to be bullish or bearish on. I mentioned yesterday that I believe not many people are going to invest profitably in the turbulent years ahead; and…