Silver as an investment

Category Archives: Colony Capital

Trump, Pence To Meet Goldman COO Cohn (After Ex-Goldman Partner Mnuchin Visits Trump Tower)

Following former Goldman Sachs' partner Steve Mnuchin's visit to Trump Tower this morning (as the decision over Treasury Secretary looms), the Trump transition team just announced that Donald Trump and Mike Pence will meet with Goldman Sachs COO Gary Cohn (but provided no details on whatthey would discuss). As Bloomberg reports, Cohn joins a long […]

Trump Unveils Economic Advisory Team; Carl Icahn Turns Down Invitation

Earlier today Donald Trump, who despite lagging Hillary badly in the most recent polls, remains perceived as the presidential candidate who is better equipped to do a “better job on the economy“… … even though a majority believes that Hillary is “more qualified” to be president (suggesting that to Americans the economy is not really […]

ZeroHedge: Futures Flat Ahead Of Strike-Impacted Jobs Report; Commodities Approach Bull Market

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. After yesterday’s two key events, the ECB and OPEC meetings, ended up being major duds, the market is looking at the week’s final and perhaps most important event of the week: the May payrolls report to generate some upward volatility […]

Home Flipping Profits Hit Record As Wall Street Drives Speculation (Again)

Back in March, we were thrilled to discover that becoming a real estate speculator is easier than we thought. Although bank financing may have dried up post-crisis, it turns out BlackStone and a whole host of other PE firms will gladly loan credit-worthy borrowers money to accumulate distressed single-family properties. These newly-minted “investor-landlords” will likely […]

Meet Landlord Loans: You Too Can Be A Real Estate Speculator

Just when we thought the news flow around shoddy loan securitizations couldn’t get any better (or worse, depending on how you look at it), we get this headline from the NY Times:  “Equity Firms Are Lending to Landlords, Signaling a Shift.”  Forget falsifying loan documents  to get underqualified borrowers into new Honda Civics on 84 […]

Frontrunning: May 29

Snowden: ‘no relationship’ with Russian government (Reuters) Bond Surge Worldwide Drives Index Yield to One-Year Low (BBG) Shares flirt with record highs on ECB easing bets (Reuters) Goldman Shuns Bonds Pimco’s Gross Favors in ‘New Neutral’  (BBG) Dish to Become Largest Company to Accept Bitcoin (AP) To Make a Killing on Wall Street, Start Meditating […]

ZeroHedge: Hot Air Hisses Out Of Housing Bubble 2.0: Even Two Middle-Class Incomes Aren’t Enough Anymore To Buy A Median Home

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter As home prices have soared in cities around the country, sales have cratered. The weather has been blamed, though the weather has been gorgeous in California where sales have crashed too, even in temporary boom town […]

ZeroHedge: Buy-To-Rent Is Officially Dead In California

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Michael Krieger of Liberty Blitzkrieg blog, I’ve chronicled the saga of “buy-to-rent” for well over a year now. From some of its most exuberant phases to its now epic retreat (investment firm property purchases are now down 70% […]

ZeroHedge: 70% Of Brooklyn Home Sales Are To Hedge Funds, Investors And International Buyers

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. It has been over a year since we listed the three “pillars” of the latest dead cat bounce in the housing market. Recall: “the REO-to-Rental subsidized investment program, which led to an epic surge in demand for multi-family housing, i.e., […]

ZeroHedge: Housing “Recovery” Endgame Escalates

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Och-Ziff were perhaps a little early but used the last 10 months to unwind their real estate and exit the landlord business as the hedge-fund sponsored echo-bubble in housing rolled over into the mainstream. “American-Homes-4-Rent”‘s IPO suggested a scramble to […]