I hope your paying attention... Watch this video 2x ...Finally someone telling the truth on the mainstream media.



ECU Group’s Philip Manduca "We Are At A Tipping Point" And The Only Thing That May Save The Euro Is A Collapse Of The US

Tyler Durden on 03/25/2010 15:31 -0500


For once, some actually good insight from a CNBC guest. Philip Manduca, Head of Investment of the ECU Group, discusses Greece and the very severe implications of what the final outcome will look like. "Trichet said the Greeks are crooks, and they’ve been lying about the numbers. There is a deeply embedded corruption within the Eurozone. Combined with the endemic European socialism and there is just no way you are going to get spending cuts and tax raises and maintain a GDP that makes any sense of the percentage aspect of debt to GDP. So the whole show is wrong. This is an intractable situation, this is going to continue on and on. The only hope for the Eurozone, and the Euro as a currency, is that someone takes the spotlight soon, and that may be the United States." Watch the rest as Philip’s perspective is spot on…Not to mention that he sees gold as the only alternative to the fiat bonfire soon to engulf the western world.

Please go here and watch the video.

http://www.zerohedge.com/article/ecu-groups-philip-manduca-we-are-tipping-point-and-only-thing-may-save-euro-collapse-us







State Debt Woes Grow Too Big to Camouflage


Do you think they know something you don't???
Jupiter Financials Star Puts Half His Fund in Cash


CBO report: Debt will rise to 90% of GDP


Could This Be Start of 'The Great Bear Market in Bonds'?


I told you this was coming...
Housing Prices May Be on Their Way to a Double Dip
Think housing prices have reached a bottom? Think again. Despite a report showing smaller declines in January, housing prices may already be in another free fall.


From Bucolic Bliss to "Gated Ghetto"- LA Times





Kudlow: The Tax Attack on America


Jim Sinclair’s Commentary

Just like in the 70s when gold began its historic climb, the final Pillar of Gold (a bear market in US Treasuries) must be cemented to attain $1650 and above.

US Treasuries breaking down, as they are with the 25 year plus uptrend about to be decimated, must happen. Then you can make a living selling US Treasuries rallies short for many years to come.
In the 70s rates on ten year bonds went from under 4% to 14 7/8%. Overnight money went above 21%. It will happen again as gold climbs to and through $1650.
The Formula of 2006 clearly points out that this MUST happen. It was simply common sense as gold is now heading for $1650 and better.
There is another salient point that not only is the Health Bill the biggest grab of centralized power since Roosevelt, it was desired by only 37% of the population while 48% did not want it in that form or at all.
Confidence is what makes currency value and that is sundering fast. The US dollar is no safe haven.

Sell-off in US Treasuries raises sovereign debt fears Investors are braced for a further sell-off in US Treasuries after dramatic moves last week raised fears that the surfeit of US government debt is starting to saturate bond markets. By Ambrose Evans-Pritchard Published: 9:06PM BST 28 Mar 2010
The yield on 10-year Treasuries – the benchmark price of global capital – surged 30 basis points in just two days last week to over 3.9pc, the highest level since the Lehman crisis. Alan Greenspan, ex-head of the US Federal Reserve, said the abrupt move may be "the canary in the coal mine", a warning to Washington that it can no longer borrow with impunity. He said there is a "huge overhang of federal debt, which we have never seen before".
David Rosenberg at Gluskin Sheff said Treasury yields have ratcheted up 90 basis points since December in a "destabilising fashion", for the wrong reasons. Growth has not been strong enough to revive fears of inflation. Commodity prices peaked in January and US home sales have fallen for the last three months, pointing to a double-dip in the housing market.
Mr Rosenberg said the yield spike recalls the move in the spring of 2007 just as the credit system started to unravel. "The question is how the equity market is going to handle this back-up in rates," he said.
The trigger for last week’s sell-off was poor demand at Treasury auctions, linked to the passage of the Obama health care reform. Critics say it will add $1 trillion (£670bn) to America’s debt over the next decade, a claim disputed fiercely by Democrats.
It is unclear whether China is selling US Treasuries after cutting its holdings for three months in a row, or what its motive may be. There are concerns that Beijing may be sending a coded message before the US Treasury rules next month on whether China is a "currency manipulator", though experts say China is clearly still buying dollar assets because it is holding down the yuan against the greenback. Some investors may be selling Treasuries as a precaution against a trade spat.
More…

Jim Sinclair’s Commentary

And this will be spun as "Strategic Asset Returns." Sounds almost smart and surely not harmful.
Commercial real estate to see ‘storm’ of foreclosures BY ALESHIA HOWE March 29, 2010

The 2010 Tarrant County commercial real estate market looks to be similar to 2009 with one big difference according to local foreclosure expert George Roddy Sr.: a ‘closing window of opportunity.’
Roddy, president of Addison-based Foreclosure Listing Service Inc., said his company is predicting a yet-to-come storm of commercial foreclosures in Tarrant County, but those foreclosures will mean investment opportunities.
“We think ’09 was a dud market and 2010 will be close to being the same as ’09 … but by the end of the third quarter, the fourth quarter of this year, you’re going to see an increase of [investors] in the market and from our vantage point, the window of opportunity – believe it or not – is beginning to close,” Roddy said at a March 24 Society of Commercial Realtors breakfast. “The smart money is out there today taking advantage of the negative publicity commercial real estate is getting.”
For all of 2009, Roddy said overall commercial property sales in Tarrant County were down 44 percent compared with sales seen in 2008 – a telling number, he said, and the lowest number of commercial property sales in the last 20 years for the county. The numbers exclude foreclosure sales.
“This is the most important number in the viability and health of a local commercial market,” he said.
At the peak of the commercial property sale market in Tarrant County, which was 2007, Roddy said there were 2,405 sales transactions. In 2008, that number dropped to 1,958 commercial properties sold, and in 2009, 1,097 commercial properties changed hands in Tarrant County.
More…