outatthepeak.blogspot.com
Out at the peak: April 2006
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Out at the peak. Saturday, April 29, 2006. The Barclays iShares silver ETF. Was revealed Friday morning for trading. There was much fanfare as there were over two million shares traded. I set the alarm at 6:30am PST to buy my shares at the 129 level. Posted by Out at the peak at 7:48 PM. Tuesday, April 18, 2006. I successfully shorted RYL from 70.98 down to 66.90; trade is complete. I had a feeling the HB's would have a bounce today, and they got it. RYL is back up to 67.64 now. Sunday, April 02, 2006.
outatthepeak.blogspot.com
Out at the peak: December 2005
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Out at the peak. Saturday, December 31, 2005. Ben Jones had a post on future predictions. This is what I put down. House prices 2006 [national, bubbles]. Q1: 1%, -3% ("little air"). Q2: -1%, -5% (" normal inventory"). Q3: -3%, -6% ("ARMs, affordability"). Q4: -4%, -7% ("Seasonal"). Q1: 2% (needless rally) I'm glad I'm wrong so far, USD has been weak thus far. Q2: -4% (Euro oil trade). Q3: -2% (foreign money pouring). Q4: -5% (foreign can't fund enough). Posted by Out at the peak at 11:31 AM. 666% Mexican...
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Out at the peak: September 2006
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Out at the peak. Wednesday, September 06, 2006. Homebuilders promoting toxic loans. Homebuilders are accumulating inventory. In order to move this inventory, they are willing to promote non-conforming loans to people who could not afford a conforming loan. Centex Homes: Affordability Days. Ryland Homes: 40% off mortgage payments. Please link to other similar promotions you come across. Posted by Out at the peak at 1:31 PM. Out at the peak. View my complete profile. The Housing Bubble Blog. The Silver Def...
outatthepeak.blogspot.com
Out at the peak: March 2006
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Out at the peak. Wednesday, March 29, 2006. Silver is doing great. Congratulations to silver longs. One ounce spot is now over $11.10. My physical holdings are at about a 17% increase. SLW stock is up 83% since I bought it. Also my gold is up 6.5%; I've taken profits from this. This more than makes up for Icelandic CDs which analysts have said hit a bottom and will recover. I'm migrating all foreign currency to CAD, EUR, and JPY only as the outlook for those currencies are more stable and bullish. Posted...
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Out at the peak: February 2006
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Out at the peak. Monday, February 27, 2006. Support SLV (Silver ETF). Posted by Out at the peak at 8:45 AM. Saturday, February 25, 2006. Too much bubble information! While I think this is a great thing, I can no longer keep up with all the bubble news and comments. I mentioned on Sacramento Land(ing). That there is just too much information going on in thriving blogs and their comments. Per article isn't uncommon. Is there anyone that still can? Posted by Out at the peak at 11:16 AM. We've seen this head...
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Out at the peak: June 2006
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Out at the peak. Sunday, June 04, 2006. Ben's Money and Metals. Discussions have heated up. Below was my recent input. I'm in the minority here with big bets on the Euro (however, my biggest bets are on CAD and CanRoys). I estimate my Euro bets are twice as big as my PM bets. Here are my views on the Euro:. Most of us agree that the USD will faulter at some point. Serious PM bugs want all unbacked paper currencies to fail, and logic might conclude that is what should happen. Now that you are out of the o...
outatthepeak.blogspot.com
Out at the peak: August 2006
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Out at the peak. Thursday, August 17, 2006. California Association of Realtors change the rules of affordability. Actual housing affordability in some parts of California are in the single digit percentage range (such as about 7% of house holds in Sonoma County can afford a median priced house). These numbers were not acceptable to California Association of Realtors (C.A.R.), so they redefined the Housing Affordability Index. Here is the kicker. 533% after taxes - given a 25% tax bracket)! The range of m...
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