Notice of defaults, which represent the start of the foreclosure process in California, increased by 19.7 percent in February, according to new data released this week by a locally-based company that tracks every foreclosure in the state. The sudden jump comes after four straight months of declines, when default notices fell to their lowest level in a year. […]
New York will end the fiscal year on March 31 with at least $2 billion less in cash on hand than originally projected, the state’s comptroller said Wednesday, burdening lawmakers with another headache and making the prospect of achieving a budget agreement before the next fiscal year begins even more dim. WRH permalink
Foreclosure filings in Colorado's largest counties rose 7 percent in February compared with the same month last year, according to a report released Wednesday. WRH permalink
State courts are taking brand new action to try and alleviate the chokehold that foreclosures are causing and keeping everyone's property values down. Palm Beach County has one of the state's worst number of filings. WRH permalink
The rate at which homes have gone into foreclosure in Manchester has sharply escalated in the first few months of 2010, according to Linda Spence, the Town Clerk. WRH permalink
Dear CIGAs, There is not much to say about gold today other than what has been said repeatedly now for some time – it is stuck in a range trade with a bit of a higher bias to it as downside support thus far remains firm with the upside continuing to be capped by bullion bank [...]
Thoughts For This Morning: Greece has woken up to the implications of their financial problems towards the other EU member states. This is the background to their statement today giving one week for an agreement between the EU and Greece for a bailout rescue program. Note the potential involvement of the IMF if an agreement with the [...]
Jim Sinclair’s Commentary Politically if you cannot stop something, adopt it. Canada Plays Down Concern as Dollar Approaches Parity CIGA Eric Canadian Prime Minister Stephen Harper’s government is shifting its rhetoric on the Canadian dollar and playing down concerns about the currency’s gains in a bid to brace companies and consumers for parit […]
Jim Sinclair’s Commentary Europe always talks everything to death. One day it’s on, the next days it is on but with other consideration. Greece will be bailed out as all states of the USA will also be. Video Dispatch: Germany’s Line in the Sand March 17, 2010 | 2309 GMT Analyst Marko Papic discusses the [...]
Dear CIGAs, I will be on my way to Tanzania next week. Except for the time in the air, I will not be out of contact. My trip is to Dar es Salaam after which I will be going to Mwanza and into the field. There is internet access at the camps I plan to stay at. That [...]