Recession signals And gold prices.

[Orange Juice]

Anyone see gold prices recently? Even silver has jumped.

Is this the start of another 2007, and how will it be different?

Like 2008, If this recession develops steam, cash is king. Are you ready to take advantage?

I was surprised during the last recession how many jobs were lost. I don’t think jobs will be as hard hit this time around.

Consumer debt will more than likely be the driving force.

I know my homes have dropped about 10% this year. I thought it was just Zillow getting into the home buying business, but watched many homes in my area selling for less, and many homes sitting on the market over 60 days.

With interest rates as low as they are, I would have thought the housing market would continue to be hot.

I don’t think China trade will have much impact on what’s going on. I think our problem will be consumer debt (Credit cards, student loans, car loans, and home equity loans).

If you haven’t looked at business news ( pick your news source) it doesn’t look good.

 

[regor]

 

[HotRod82]

Anyone see gold prices recently? Even silver has jumped.

Is this the start of another 2007, and how will it be different?

Like 2008, If this recession develops steam, cash is king. Are you ready to take advantage?

I was surprised during the last recession how many jobs were lost. I don’t think jobs will be as hard hit this time around.

Consumer debt will more than likely be the driving force.

I know my homes have dropped about 10% this year. I thought it was just Zillow getting into the home buying business, but watched many homes in my area selling for less, and many homes sitting on the market over 60 days.

With interest rates as low as they are, I would have thought the housing market would continue to be hot.

I don’t think China trade will have much impact on what’s going on. I think our problem will be consumer debt (Credit cards, student loans, car loans, and home equity loans).

If you haven’t looked at business news ( pick your news source) it doesn’t look good.

The only way it will be another 2007 is if one of the socialists beats Trump in 2020. A little ebb and flow in the markets is actually a healthy thing.

I disagree with your take on China, the riots and the lack of a trade deal are weighing heavily. Flights cancelled in and out of Hong Kong the last couple days doesn't exactly breed confidence.

 

[boatdoc55]

Anyone see gold prices recently? Even silver has jumped.

Is this the start of another 2007, and how will it be different?

Like 2008, If this recession develops steam, cash is king. Are you ready to take advantage?

I was surprised during the last recession how many jobs were lost. I don’t think jobs will be as hard hit this time around.

Consumer debt will more than likely be the driving force.

I know my homes have dropped about 10% this year. I thought it was just Zillow getting into the home buying business, but watched many homes in my area selling for less, and many homes sitting on the market over 60 days.

With interest rates as low as they are, I would have thought the housing market would continue to be hot.

I don’t think China trade will have much impact on what’s going on. I think our problem will be consumer debt (Credit cards, student loans, car loans, and home equity loans).

If you haven’t looked at business news ( pick your news source) it doesn’t look good.

You need to get off the libby shows on TV. That's about all they report anymore is some sort of recession. They believe they'll have about 1/2% chance of winning the election if we get to that point. Why can't you liberal assphucks just accept the fact that your bitch lost and get on with your lives.

 

[pronstar]

I know my homes have dropped about 10% this year. I thought it was just Zillow getting into the home buying business, but watched many homes in my area selling for less, and many homes sitting on the market over 60 days.

With interest rates as low as they are, I would have thought the housing market would continue to be hot.

Housing is highly regional. You can’t extrapolate nationwide RE health based on a handful of local markets. There are currently many strong markets as well.

“The sky is falling” has been narrative since Trump was elected. “It’s gonna happen, just you wait and see.”

Edit:
Can’t not can

Sent from my iPhone using Tapatalk Pro

 

[94Nautique]

Anyone see gold prices recently? Even silver has jumped.

Is this the start of another 2007, and how will it be different?

Like 2008, If this recession develops steam, cash is king. Are you ready to take advantage?

I was surprised during the last recession how many jobs were lost. I don’t think jobs will be as hard hit this time around.

Consumer debt will more than likely be the driving force.

I know my homes have dropped about 10% this year. I thought it was just Zillow getting into the home buying business, but watched many homes in my area selling for less, and many homes sitting on the market over 60 days.

With interest rates as low as they are, I would have thought the housing market would continue to be hot.

I don’t think China trade will have much impact on what’s going on. I think our problem will be consumer debt (Credit cards, student loans, car loans, and home equity loans).

If you haven’t looked at business news ( pick your news source) it doesn’t look good.

Homes are worth what people are willing to pay. They also go on the market priced at what the seller wants. Most likely, we're in a situation where sellers 6 months ago were ver optimistic and were pricing high, hence the longer time on market. Now, they are coming down. Online home valuations are most likely forward looking, using algorythms that rely on recent pricing, which may or may not be accurate. Bottom line, in this market, unless you had two identical homes sitting next to each other you can not say with 100% accuracy the value of your house went up or down.

 

[Orange Juice]

Scared yet? More overseas money is buying American, that Americans.

China is not Hong Kong, but will be soon.

 

[Orange Juice]

The only way it will be another 2007 is if one of the socialists beats Trump in 2020. A little ebb and flow in the markets is actually a healthy thing.

I disagree with your take on China, the riots and the lack of a trade deal are weighing heavily. Flights cancelled in and out of Hong Kong the last couple days doesn't exactly breed confidence.

China is not Hong Kong. Don’t get the two confused.

 

[HotRod82]

China is not Hong Kong. Don’t get the two confused.

Yeah, right. Check out the video below, the Chinese military is massing for an invasion, in fact security forces are already there cracking skulls. Hong Kong says they are separate from China, however, HK is officially a Chinese territory. The best we can hope for is the pro-democracy protests spread to Beijing and beyond. The insiders are really scared about HK, in fact two Chinese liaisons have asked my wife if she can get them a Visa so they can come to the US......interesting times.

 

[Gelcoater]

Anyone see gold prices recently? Even silver has jumped.

Is this the start of another 2007, and how will it be different?

Like 2008, If this recession develops steam, cash is king. Are you ready to take advantage?

I was surprised during the last recession how many jobs were lost. I don’t think jobs will be as hard hit this time around.

Consumer debt will more than likely be the driving force.

I know my homes have dropped about 10% this year. I thought it was just Zillow getting into the home buying business, but watched many homes in my area selling for less, and many homes sitting on the market over 60 days.

With interest rates as low as they are, I would have thought the housing market would continue to be hot.

I don’t think China trade will have much impact on what’s going on. I think our problem will be consumer debt (Credit cards, student loans, car loans, and home equity loans).

If you haven’t looked at business news ( pick your news source) it doesn’t look good.

There’s damn sure going to be another recession.
Know why?
Because in the last 2 weeks that’s become the new focal point of MSM Trump hate.
So, the news is going to blast it into everyone’s heads a recession is coming, which is the signal to stop spending and save.

Earning and spending is what makes the economy go around.


If people stop spending, because of the warnings from MSM, what do you suppose will happen?

 

[RVR SWPR]

Not long ago when market was at 10k 600pt one day drop was a big deal. At 25k that -600 not so much.
The social media,cable & print have provided the impression the idiots are gaining traction.Never happen.
PRESIDENT TRUMP MANCHESTER NEW HAMPSHIRE TONIGHT 8/15

 

[Racey]

https://theconservativetreehouse.co...-data-corporate-media-cheering-for-recession/

Russia Collusion Failed, Dreams of Impeachment Failed, Trump's Base is stronger than ever. MSM has moved on to their new talking point to attack Trump from....

Good Luck!

 

[wallnutz]

There’s damn sure going to be another recession.
Know why?
Because in the last 2 weeks that’s become the new focal point of MSM Trump hate.
So, the news is going to blast it into everyone’s heads a recession is coming, which is the signal to stop spending and save.

Earning and spending is what makes the economy go around.


If people stop spending, because of the warnings from MSM, what do you suppose will happen?

Yep fear mongering. You're going to be poor and it's Trump's fault. You are going to lose you job and your house it's Trump's fault. I have been watching this develop the last few weeks.

 

[was thatguy]

I once killed a gopher with a stick.

 

[Danger Dave]

Recession would sure take the focus off of the Epstein mess.