Silver as an investment

Category Archives: Lease

“Flood Of Off-Lease Vehicles” Set To Wreak Havoc On New Car Sales

The percentage of new car ‘sales’ moving off dealer lots via leases has nearly tripled since late 2009 when they hit a low of just over 10%.  Over the past 6 years, new leases, as a percent of overall car sales, has soared courtesy of, among other things, low interest rates, stable/rising used car prices […]

NYC Rents No Longer ‘Too Damn High’ As Landlord Concessions Soar

After years of gouging the precious, Ivy League snowflakes that flood Manhattan every summer with nothing but their $10 million inheritance checks, a dream and the Faconnable shirts on their back, New York City landlords, courtesy of the flood of new apartment supply coming online, are being forced to offer record-high rent concessions to attract […]

Soaring Lease Returns Set To Wreak Havoc Used Car Pricing and Auto Industry Profits

For months we’ve warned that declining used car prices could spell disaster for subprime auto securitizations (see “Slumping Used Car Prices Spell Disaster For Subprime Auto Securitizations“).  While it’s always difficult to predict the exact timing of when bubbles will burst, a combination of record-high lease returns in 2017 and 2018, combined with rising interest […]

More Troubling Signs For NYC Real Estate As Rent Concessions Soar

The October 2016 Douglas Elliman Real Estate Guide for Manhattan reveals some fairly startling hints about the “health” of NYC real estate.  For months we’ve been writing about the soaring capacity of luxury apartment buildings in New York City and it looks as though that capacity influx is starting to take a toll as the […]

Banks and the Gold Price

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. ibtimes.com / BY Paul A. Ebeling, Jnr. / October 08 2012 4:01 AM It is claimed that somewhere deep in the vaults of western central banks are huge stacks of physical Gold bars. This Gold bullion are deemed to be […]

New York to Repeat Chicago’s Parking Meter Catastrophe

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. A parking meter in New York City. Getty Images rollingstone.com / by Matt Taibbi / June 13, 9:05 AM ET Readers of my last book, Griftopia, might recall a chapter about the city of Chicago leasing 75 years of its […]