ipso_facto (22:49) If the letter you posted is from a friend, Jim,

perhaps you might suggest to him that it is a dream to think that he could have sold his house and rented  it back.  We have had that briliant idea several times, first in 1989 when the realtors told us it was a pipe dream - mainly because the sale value of the property was such that the rent the new owners would collect would be an extremely low rate of return on their new investment.  Many years later in 2004 we actually found a realtor who was willing to take a listing that specified that our property was for sale only if the buyer would offer us a lease-back for 2 or 3 years.  That listing, needless to say, expired unfulfilled.  We have since enquired about this idea from realtors and they seem unified in suggesting that this idea is a non-starter. 

 We have never tried the idea  through advertising for our own private sale without involvement of realtors.  But when you think about it, there are not many circumstances where a buyer would buy a home for a heafty price, and rent it out for a small annual rental yield, unless they had confidence that their realty purchase was going to go up greatly in value in the period they rented it out before occupying the property themselves. 

 I guess dreams are made of dreams.  In my opinion selling one’s home and renting it back is  a dream under current real estate circumstances.  Cheers.  Equiz.

pmfever

  The UBS report sounded as if they thought gold would hit the top in 08′. Their reasoning was the de-hedging being complete by the majors.

   If demand were simply a function of jewelry I’d say they might be right. The investment banks just don’t admit to seeing gold as a currency yet. :)

ment17

 Guild attached the UBS report on his latest missive on JS Mineset.

  If he didn’t agree with it, not sure why he posted it unless he was trying to point out the de-hedging. Doesn’t really matter, of all those you named he seems like he’s at the lower rung.

From survival acres, who make Mountain House, Alpine, etc.

http://survivalacres.com/wordpress/?p=1299

 ”j) Food shortages are definitely showing up. Expect that. Nothing at all can be done about it. We will fill as much of your order as we possibly can. Most items are back ordered as required. Some cannot be replaced as they disappear from the entire market for the season (or for good). Mushrooms are an example of this, as is Golden 86 wheat and some others. Be glad you are receiving ANY food and you don’t live in India.

k) NOBODY is ordering enough food. Not even close. I am still stunned at the incredible short sightedness I’m seeing here. What “exactly” do you think is going to happen in “one year”? Our world food situation will not magically improve unless we each start growing a portion of our own food, and that isn’t going to happen either. This is exactly what you SHOULD be doing and learning how to do and getting ready to do, but remember that for every one person who plans or tries to do this, about 100,000 - 1,00,000,000 or more people aren’t. They’re going to keep expecting to go to the grocery store and buy whatever they need.

There is no magical bullet to our food crisis. Absolutely NONE AT ALL. Global demand is skyrocketing daily. Food shortages are now happening around the entire world in over 30 countries. It is all interlinked and connected to resource depletion, climate change, economic malfeasance and even biofuel production (among many other factors, such as the bee die-off). Focusing in on any one issue and you fail to see or appreciate the magnitude of the problem. Don’t get mad at me — I’ve been screaming warnings for two years now and I’m hoarse and sick to death of trying to manage sheep who can’t recognize dead grass from green grass.

Your WINDOW is nearly closed already. World events are accelerating at a break-neck speed. Either get with the program or get off the bus.”

From the People’s Republik

Letter Re: California’s House Prices Plummet to Surprising Depths

Hi Jim,
We’ve been good about our refinancing. As the house appreciated, we took a little here and there on two re-fi[nancing]s, to pay off most of our credit debt, and to start a business. At this time a couple of years ago, the house was worth $440,000, conservatively. In January, $351,000. Just last night, using a very good evaluation tool called Zillow.com, we were surprised to find that in the last six months, the house’s value dropped [still further,] to just over $250,000. That was a shock. Almost [a] $190,000 [on-paper loss] in less than two years, in an area where we didn’t think that it would go this low. We’ll be fine, due to the sale of another house soon, but the feeling is one of being robbed. Eh, what the heck, we were part of the problem with the re-fi, but those were modest compared to the majority of them out there, and we did do well with what we pulled. We trust God to keep telling us what to do. If we’d listened to your advice, we would have sold the house two years ago [at the top of the market] and rented it back. That $190,000 in the bank would have been great. (Sigh.)

We’ll get by okay. I hope others are able to find their way out via some means that doesn’t include walking away from their homes and their responsibilities. - Randy in the People’s Republic of Kalifornia.

http://www.survivalblog.com/

PMFEVER catch it if you can @ 22:02 pm on July 5, 2008

sure

Where will he land?

Balloonman flying lawn chair — lifted by balloons!

BEND, Ore. (AP) - A man has taken flight in a lawn chair hoisted by more than 150 large helium-filled party balloons in a bid to ride the wind from the central Oregon town of Bend all the way to Idaho.

Bill was wearing a parachute Saturday morning as he kissed his wife goodbye, patted his dog and took off at sunrise from his helium refuel station.

This is Balloonman’s third lawn chair flight in as many years.

He hopes to do better than last year, when he flew 193 miles before running low on helium and had to land in the sagebrush of northeastern Oregon.

Hi Moggy

Good to see you posting.

What do you think is going on with the gobbermint grabbing all the freeze dried spuds?  They must think there’s gonna be a big shortage coming?  Have all those spuds gone into the bowels of Cheyenne Mountain or something?  A strange hint…

I’ve had good luck growing potatoes.  They like loose soil and I’ve read that they don’t like manure which will cause a scale on the skin, so this year I’ve used some chemical fertilizer and that has worked well.

Cheers, ipso

2_point……………..

“you ( and most writers of commentary ) use the word ParabolaI doubt stongly that the word Parabola is used Properly

I think it better to use the word Exponential

All Straight Lines on a semi-log chart are exponential,  on the corresponding linear ( price scale ) chart .”

I know what I said, and I said what I wanted to say to communicate what I wanted to communicate about which chart I wanted to comunnicate it about.  Nuff said.

ment17 @ 20:51 pm on July 5, 2008

Yes ment, Few understand ONE, ” EYE ” have so much Cognitive Dissonance ( Simultaneously Holding that two or more Contradictory Beliefs are Valid )…MySelf anyway too OverCome .

Steve.

ment17 @ 20:51 pm on July 5, 2008

Ment .. You are Very Cool Cat

.. ( whether or not I GROK what you write, from time to time … )

Steve

..

Moggy @ 20:17 pm on July 5, 2008

you are to me Wonderment

Thank You so very much

Steve

..

!!!! moggy !!!!!!

good to hear from you dear lady. hope all is well. best of cheer. wanka-john wj

Moggy @ 20:17 pm on July 5, 2008

Bless your Soul

..

Silverffox52..Dusty..Ment17..Ipso..Farmboy..for Astrology buffs.

Silverffox52…kind words from an unusually special person…as is Michelle.  I shall never forget those beautiful flowers.

 

Dusty…Hi back at you, Colorado person <g>…not hearing such good things about your state these past months…nor along the U.S. southern border, either…hear that Canada doesn’t want Americans flooding into their country…can’t say I blame them.  I feel that way when some of the flatlanders move into these beautiful mountains and commence destroying the ridge lines…an old rant of mine.  It’s strange how life turns out…because of the housing crisis, flatlanders are unable to sell their homes, so they are unable to build new houses locally…thereby saving these mtns.  I’ll try to stop by on week-ends, probably do a ‘Moggy’ search as I won’t be able to read everyone’s posts…much appreciate your post of last week.

 

Ment17…gotta set it to music…  http://www.youtube.com/watch?v=4ulSJRtGSgI&amp;feature=related

 

Ipso…Hello to you…always so good to see your handle, takes me back a good five years to the original gold-bug stomping grounds.  Be well.

 

Farmboy…ha! The N.GA revenuers didn’t get me, they didn’t even look for me as I am a law-abiding citizen…is advocating for secession legal?  <g>  It is good news to hear that you are getting a grip on things, which is usually a challenge that makes us tougher as a result…and we will surely need to be tougher to handle what lies in wait in our immediate future…so to my way of thinking, you are being blessed with an opportunity to become stronger to deal with this unsettling future.  “Do you have the patience to wait ‘til the mud settles and the water is clear?  Can you remain unmoving ‘til the right action arises by itself?”  Lao-Tzu

 

No need for you to polish up that cookware, if the preppers meet at Vogel it will only be a one-day affair, gathering around a picnic table instead of a pavilion…I’ll let you know if it gets off the ground, so far there are only four of us.

 On the food horizon:  some restauranteurs are reporting difficulty in obtaining potatoes. Do you plant such things?  I’ve started to but am a novice in the matter of spuds.  Then there is the July 2nd alert that Alpine and Mtn House freeze dried foods are completely out of stock on  freeze dried foods because the Federal Gov’t went in and purchased both stores’ entire stock in one trip…AND they also  placed a purchase freeze (on those two stores) on selling freeze dried foods until October 2008.  Now what do you make of that?  Or this:  “America and its wealth continue to be dissolved into the global admixture in every way…American food companies are outsourcing U.S. farms to Mexico. These American companies have forsaken American farm land for Mexican land and cheap labor. There are at least 45,000 acres in Mexico that are under this program, and it is expanding rapidly.  ‘Nuf to flummox anybody, eh? 

You take care now, hear? 
 

AuGirl…is doing an outstanding job keeping the Flintstones apprised of events surrounding Hurricane Irish, who is in a class by himself…mighty fine folk for whom I am grateful.

 

Astrology:

SOLAR ECLIPSE August 1, 2008

6:22:10 a.m. EDT

Washington, D.C.

77W03’35”….38N53’20”

 

In the Solar Eclipse of August 1, 2008 for Washington, D.C., the sign Leo rises – representing the people – while both luminaries involved  (Sun and Moon) fall in the 12th house on the 10th degree of Leo…placing the focus on Transfiguration.  While the theme of transfiguration occurs for all people of earth due to the eclipse’s degree, it plays out a wee bit different for Americans due to the 12th house circumstances.

 

First, for the world:  the 10th degree of Leo represents an exalted feeling that rises within the soul of an individual who has successfully passed through a long night which has tested both strength and faith.  A stage has been reached where we see the potential culmination of a process which began on a note of social and cultural crisis.  Any would-be reformer has to meet many emotional problems as the work of creation begins…creation means transformation and the inspired individual makes everything new…not only in personality but in building a new society, as well.  (From the works of Dane Rudhyar).   Thus is this particular Solar Eclipse one of great importance, calling upon every living being to rise from an unawakened state to co-create a world of social and cultural benefit for everyone…to put a lot of love (Leo) into creating this new world, for that is what is missing in the new-world-order being foisted upon us…which doesn’t have to happen as we all have the free-will of choice.

 

For Americans:  a 12th house focus means dealing with irrational feelings and fears that may be vague left-over emotions and events from our childhood environment that lend an uneasy feeling of being victimized by life…folks with a Pisces Moon can easily relate.

 

The 12th house is where we redeem ourselves by voluntarily giving up our need for control in our life’s journey…the place where we are summoned to “let go and let God.”  Astrologer Karen Hamaker-Zondag on the 12th house: “Responding to the rhythm of life, and going to meet life in an open and expectant frame of mind, with a willingness to be fructified by the moment and to experience joy and sorrow to the full without a sense of guilt, is a yin quality that has been lost in our culture. 

Another attitude to life is required, an attitude of openness to things as they are, and acceptance of life as it comes. In other words, what is required is some surrender to life, without being governed by the impulse to control life in all its facets. We should learn how to flow with the stream while remaining fully aware. For centuries, this attitude has been laid under a ban in our Western culture.  If the 12th house symbolizes anything, then it is this very process, this complete receptivity and readiness to take what comes your way… to integrate it… and to use it as the germ of a new creation process, whether this takes shape in music, art, science or your daily life.”

(Note:  Yin represents the feminine side of our natures.  Moggy)

It may be a different story for those who function on a low level of vibration…case in point, The Decider:  not only does this eclipse strike his Ascendant, but his conjoined Mercury/Pluto in the 1st house (physical body)..perhaps a transformation of a different kind…death of the mind?  And then there is Dr. Strangelove, he of the 2nd chair…this eclipse opposes his 6th house Sun, and speaks to a health crisis…the Sun rules the heart…and so, justice prevails as we reap what we sow.  And if you can read between the lines, you will surmise the urgency of paying heed to Heaven’s suggestion.

 

Best to all Tenters.

 

Moggy