Major home builders - Issues in selling housing inventory in California
This comes from someone directly in the industry. Housing collapse 2.0 has begun as of 2017. We knew this would be the year in which the fake numbers, fake recovery, fake everything from banking, finance, and government would show it's face. (Yet, markets rally, markets rally!) I've done more videos on housing, mortgages, foreclosures, fraud at the lenders, etc. than I have ever done in any other year. As a matter of fact, I would be willing to bet more this year than all of my videos combined on this matter going back to 2010 when I started doing videos about everything like this. 2010-2016 combined does not compare to 2017 which tells me...IT'S GOING DOWN.
Nice man! Glad to see you made it over to #steemit
For Best Results: Re Steem, Upvote, Comment and Follow. ~~ Tijo-
Thank for sharing! I am interested to find out your thoughts on whether we are in a cryptocurrencies bubble now? Here is the DATA which support this my assumption: it looks that we are entering bubble territory for a vast majority of alt coins (except Bitcoin probably). Just think about and analyze the following facts:
At least several dozens alt coins market caps skyrocketed 300%-4000%(yes, four thousand!) recently just over last 2 months!
The beginning of sharp increase happened around middle of March of 2017 for ALL alt coins!
Yes, some alt coins sharp increase is logically justifiable. For example, Ripple XRP: http://www.cnbc.com/2017/03/01/japanese-banks-plan-to-adopt-blockchain-for-payments.html . Maybe there are couple other alt coins where this huge growth is also justifiable.
But for vast majority of other alt coins nothing has changed drastically during the last 2 months! At all! Neither in their technologies development, nor in their business development! But nevertheless, their market cap skyrocketed 300%-4000% in just 2 months!
The only explanation which comes to mind is that huge amount of new capital is coming to cryptocurrencies market. Probably these are the people/investors who have heard about the first wave of Bitcoin and Ethereum successes, and they have a FOMO (fear of missing out) now. They don't have deep understanding of cryptocurrencies space and their differences, but because of FOMO they still invest in all other alt coins hoping to hit jackpot!
Does it remind you anything? Yes, exactly, dot com bubble of 2000 looks very similar!
Therefore, I would expect some kind of significant downside price correction within next several months for the majority of alt coins. Would you agree?
Good to see you on here Joe!
#Preppers!