Sunday, August 7, 2011

Ashley Long, Part 3

Ashley Long, Home Buyer / Knife Catcher
This was from an article featured on Jan 1, 2008, Ashley Long Part I. These mainstream media bubble articles don't provide any closure. Let's see how this one turned out.

This buyer gambler thought...
I got a pretty good deal. I know this is a low market and the house is worth more than that,”
It’s the only time I’m going to be able to afford to buy in Sonoma County,”
I can’t imagine it going down a lot lower, and eventually it has to come back up. I don’t want to gamble.”

Well, let's see how much lower it is NOW!

Here is the house:
7108 Hastings Pl, Windsor, CA
4 beds, 3.0 baths, 2,032 sq ft
APN: 163-120-052-000
Sale History:
03/13/1998: $222,500
12/07/2007: $470,000

What is interesting is that Zillow shows a Sale listed months after the initial purchase.

02/01/2008 Listed for sale $485,000
03/07/2008 Listed for sale $485,000
07/11/2011 Listed for sale $345,000

$470,000 - $345,000 =
$125,000 (-26%)

Is that a "lot lower"?

Tuesday, August 2, 2011

Jim Sinclair's Gift

Jim Sinclair said to write this down back in 2008. What fascinated me is that he not only said it would happen, but that he provided a date. But he was calling for this long before Dec '08. And if his next prediction becomes reality, are you prepared?

Read on...
Jim Sinclair's MineSet

2008-12-28: A Gift From Jim
Dear Friends,
Here is my New Years gift to you, my extended family.

There is no way that the CONSEQUENCES of the largest creation of paper money since it was invented can be avoided or even modified. Odds now favor Alf Field’s price objective (
Elliott Wave Gold Update 23, bonus article Crisis Cogitations).

January 14th 2011 to June 21st, 2012:
The best part of this gift is not the one you already know, which is January 14th 2011 (Sinclair: gold will trade at a minimum of $1650 on or before January 14th 2011), but rather the date that a new currency form will replace the form of the US dollar as you know it today which is the third week of June 2012.

Don’t laugh! Write this down and do not forget about it!

Happy (sort of) New Year,