Professional real estate manager Fabian Calvo expects the echo housing boom to persist, as long as easy credit is extended to virtually everyone who can sign their name on a mortgage. Nevertheless, the entire edifice / Ponzi scheme will eventually implode amid the enormous pool of upside down home debtors - nearly 10 million mortgage holders owe more than their houses are worth. Once the last mortgage is signed, institutions that purchased massive inventories of homes, thousands per month, at much lower prices will release the houses on the market. In addition, only 1 in 4 previously foreclosed homeowners ever purchase a house again - most rent for the rest of their lives. 7-10 million homes are sitting on the balance sheets of government-sponsored entities, such as Fannie Mae and Freddie Mac. Although the national unemployment rate has declined sharply, without the high paying, solid perquisite jobs from the pre-recession era, the resulting demand will force housing prices to return to equilibrium levels: 100 times the average monthly rent. To determine a safe purchase price for any home, multiply the average rent in the community for a similar property by 100 ($1,000 x 100 = $100,000 home value).
Head of the 35 year old gold brokerage McAlvany Wealth,David McAlvany is concerned that the global economy is facing collapse, which could usher in a period of inflation unlike anything seen in the Western Word in a 100 years. He asks why our officials are so concerned by deflation - lower prices make houses and related investments more affordable, giving the masses funds left over at the end of the month to invest, instead of requiring credit cards for purchases. He outlines a realistic portfolio plan for every investor to maximize wealth with minimal risk. By accepting the uncertainty of future economic events, investors can position their funds for profit optimization, regardless of the actual outcome. David advocates ignoring forecasts and instead dollar cost averaging into gold each month, to protect your purchasing power.
David McAlvany is President and CEO of the McAlvany Financial Companies – International Collectors Associates, ICA Europe, and McAlvany Wealth Management – and is director of the Swiss Corporation, Global Gold. He is a featured speaker on international television and radio programs and at financial seminars around the world, analyzing major events and their impact on the global economy and financial markets. He can be heard weekly on his market commentary with world leaders, bankers, economists, and renowned investors at www.mcalvany.com .
David McAlvany is a graduate of Biola University and an associate member of Keble College, Oxford University, where he studied philosophy and political theory. He later volunteered as an analyst in Chile with The Institute for Liberty and Development – an organization dedicated to providing free market solutions throughout Latin America and the Third World. He went on to achieve honors as a top salesman with Southwestern Company, and gained extensive business expertise with Morgan Stanley, including with work with start-ups and business financing.
He has traveled extensively throughout Africa, Asia, South America, the Middle East, and Europe. His international research has given him a global perspective on financial, economic, political, geopolitical, cultural, and intelligence developments around the world. This perspective helps him avoid focusing too narrowly in his analysis of investment and risk in any give asset category.
David is a past board member of international firm The Warren Electric Group in Houston, Texas. He also assisted in fund raising with Hugh O’Brien’s HOBY National Youth Leadership program and is presently on the investment advisory board for the Ft. Lewis College Foundation where he shares responsibility for all endowment assets.
As an avid reader on many subjects including finance, economics, and philosophy, David facilitates a business related monthly book discussion with the McAlvany Financial Group. His interests are varied, but he has a keen passion for cycling and mountaineering. He spends his free time with his wife, and their children skiing, hiking, and enjoying the mountains of Colorado.
I am very passionate about promoting the principles of our Constitutional Republic and economic liberty as well as exposing the corrupted New World Order political establishment. Education and awareness is the only way we can defeat the criminal elite from taking our liberties. I believe my unparalleled stand against the Federal Reserve & Americas foreign resource wars have made me an alternative to a lying and dying mainstream media. The birth of the new alternative media is here, and we are ready to challenge the current power structure. In 2010, I ran for state representative in Florida. My campaign challenged the political establishment elite and left-wing propaganda newspapers who tried to destroy my character and reputation. My Ron Paul Libertarian views were not welcome in the GOP and for that matter, anywhere in the mainstream of politics. At the time, I felt my campaign gave Floridians the option of a true constitutional champion and political outsider, however, looking behind the scenes and staring the corrupted two party syndicate face showed me the real truth about America’s two-party system. The truth is that there is no real difference in policy; the only difference is the rhetoric. And anyone who challenges this power structure can expect the system to character assassinate them. In the end, I ran for public office because I fundamentally believe The Republic needs citizen candidates to challenge the “Ruling Class” New World Order. I was born in Los Angeles, California and grew up in a working-class family of immigrants. For over 10 years, I have run a small business that has worked on the front lines of U.S. financial markets and commercial real estate investments including owning and operating a private equity firm that will exceed $100 million in sales in 2012. I started this website, my videos and the production of micro-documentary films in order to give people another source of truth in this era of the government corporate media complex. I challenge you to turn off the TV, unplug from Fox News or MSNBC and get serious about finding the truth. This website is a resource in restoring America’s constitutional republic, preparing in uncertain times and taking on the ruling class. I believe with all my heart that I offer you the truth on the coming economic collapse, as well as providing you the resources to prepare during “The Age Of Turmoil.” This site is not about the games of the Republicans and Democrats who are both destroying our country, but instead is a news site and blog that provides you with the tools and empowerment needed to bring down the political and global elites.
I am an ardent seeker of truth, a father who is dedicated to his family and a patriot who is working hard to be proud of his country.
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