Sanjeev Sharma

Why Stocks Will Collapse This Fall

if things are so grim for people, why is the consumer confidence data up ?

U.S. Economy Looks Ready to Bounce

swalter, you were lucky to get good analysts to advice you. Most of the america did not get that accurate advice.

I can write tens of pages explaining every single factor about each of my articles and you would be bored reading it all day.

I have focused on only those factors which I have considered most relevant, and usually I have found my analysis to be correct later.

Interview with Peter Schiff: Reflating the Bubble

Everything Peter said would have looked correct provided:

- The dollar had not gone up in the last one year compared to other currencies.

- Gold had not started faltering from its peak in the last six months.

- US had faced inflation instead of deflation in the last one year.

Last Gasp of a Doomed Currency

Peter, I observed 2 assumptions in your theory: That the housing market has not yet bottomed and can fall as much as 50%, and that inflation in the US is higher than the rest of the world, which would affect the exchange rate.

The feedback I have received from people I know in the real-estate Industry is that prices of both bank-owned and non-bank owned properties have bottomed out. Secondly, the intrinsic value of real-estate is very close to the selling price (construction costs have gone up and therefore the market value of a property is closer to the replacement value of the building).

Also, inflation in the US is much lower compared to other countries. Further, reduced value of housing costs puts a deflationary pressure on the overall cost of living.

The government could try to fix the problem with a bottom-up approach, rather than a top-down approach: for example by putting tough regulations against people running away from their mortgage payment obligations, just because the value of their houses have gown down.