Topic
Bear Report: Housing Prices, Global Recession, Fed Panic, Banks pray, Invest in gold and silver
Gold and Silver Technical Analysis – December, 2024
The everything bubble appears to be closer than we initially thought. Are you prepared for what lies ahead in the financial landscape?
KEY POINTS
- We are in the middle of the fastest housing crash in recorded history. Only 5 periods in our house price records (since 1963) have housing prices dropped by more than 2% over any 12 month period.
- Business Insider stated A recession is likely to hit the US economy in 2024 per the economist David Rosenberg.
- Serious delinquencies of credit cards, or those 90 days or more past due, have reached the highest level since 2009, per TransUnion.
- German banks are preparing for huge loan defaults in ‘greatest real estate crisis since the financial crisis’ - CNN.
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