04.17.12 Stansberry Research How the Dollar will loose their Wold Currency...

by qinfovio 24. April 2012 12:50
Good afternoon,
 
      We are very fortunate to have in our backyard the World's Salad Bowl known as the "Salinas Valley" that is a leader in the agriculture
 industry with 1.5 million acres of agriculture land. It is the best time of the year for you to have a taste of it, from strawberries, cauliflowers.
broccoli, iceberg, romaine, artichoke...we are lucky to have it in our backyard, use as much as you can for a better healthy life.      
 
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      Few words with our short sale market: as banks have picked up speed, the biggest delay is coming now from HAFA/HAMP program:
 
The Home Affordable Foreclosure Alternatives (HAFA) Program is designed to help borrowers – both those in default and at imminent risk of default –
who are eligible for but unsuccessful under the Home Affordable Modification Program (HAMP). HAFA streamlines and standardizes industry practices
for preforeclosure sales and deeds-in-lieu to provide eligible borrowers with an alternative to foreclosure.
 
Before we can proceed with any short sale, lenders have to go through HAMP and if the owner does not qualify, then they might proceed to
a normal short sale and it will take anywhere from 30 to 45 days to hear back from HAMP. More jobs have been created but for useless result. 
 
                                            here is more info https://www.efanniemae.com/sf/servicing/hafa/
 
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      I forgot to put a link last week concerning the Tax Relief Act that is ending in 2012 and you might be eligible up to 2 Millions as your primary residence. 
Here is the link with more information and you might want to check withan attorney to be more safe http://www.irs.gov/individuals/article/0,,id=179414,00.html
 
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      I end up last week with "I will have few words for you next week for the cost of not being the WORLD Currency anymore."
 
I am a subscriber of Stansberry Research for over a year and I can see an evolution with their knowledge with our evolving economy.
For the past few years they predicted that the Dollar will loose their World Currency position, but cannot figure it out how it is going to happen.
 
And now, we can see in a better way how it will happen. I just read "This Time is Different" eight centuries of financial folly
by Carmen Reinhart & Kenneth Rogoff, an extremely boring book with hundreds of data for the past eight centuries. 
 
Just learning how hurricane work looking at data help a lot, but learning how hurricanes are created will help to plan where they
will land. It is a similar situation with our economics, we have to move from data to reality. It is of course unpopular to
our politicians. You can check the video below, it is just information that can be use understanding where we are hitting
with the global economy.
 
 

Thanks and I will see you next week.

 

 

Christian Viollaz
License 01318338
 
To Find Out What's Your Home Worth?
 

 

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