Predictions For 2014 – Podcast 12.30.13

2014 Predictions.

JM Bullion

2013 Year in Review

Predictions for 2014

Podcast Summary

0:00-3:40 Introduction

3:40-10:30 Discussion of GDP and quantitative easing (QE); scarcity in the economy- jobs, wages, doctors, home sales and increases in real estate and stock market prices; intervention and manipulation of markets by the Fed; papering over the structural scarcity of the economy; limits of QE; predictions for 2014: decline in home sales, stock market correction and preparation of the citizens for “sacrifice” with respect to their pensions, taxes, lowered expectations and bail ins.

10:30-16:30 discussion of interest rates and the real estate market; how QE helps the banks; prediction for higher interest rates in 2014; mortgage applications; historically low rates yet historically low labor participation rate; mortgage underwriting guidelines; unsustainability of rising home prices; government benefits as “income” for purposes of getting a mortgage.

16:30-18:25 housing inventory shortage; home builder activity based on low demand; the housing market should be reflective of the health of the economy not the driver of it.

18:25-24:50 What will Janet Yellen and the Fed do if interest rates rise in 2014?; moving away from QE; prediction for 2014: attempt to cease QE and a change to other creative intervention financing (infrastructure bonds, bail ins, forced pension contributions into US Treasuries?) that requires citizen sacrifice/contribution that will be more destructive to the economy.

24:50-30 the direction of housing prices in 2014 and mortgage interest rates, migration of gold to the east; why the inability to print money to improve the economy and by raising prices on scarce items; more intervention; why the taper was not a taper at all as the Fed is reinvesting its prior purchases.

30:00- the impact of mortgage interest rates on the housing market and new mortgage products to try to increase demand; prediction for 2014: why home prices can not rise absent an improvement in the economy and the job market; rising interest rates and higher prices will also limit home sales.

36:00-38:50 -discussion of the potential of forced treasury purchases in retirement plans with an option to use the money for home purchases.

38:50 – 44:00 discussion of how the Fed will try to keep interest rates low; the impact on rising rates on new home purchasers; the plight of the millennials and their impact on the housing market; the impact of Obama care and unemployment benefits on the economy in 2014.

44:00- discussion of cultural issues that are holding back the economy; how QE shut out the next generation from economy advancement by propping up failures; how millennials need to reevaluate economic opportunities; how QE enshrined and rewarded failure; the housing recovery and the job market; productive capacity moving to Asia.

Get Free Updates From

Subscribe to and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.

Further Reading:

2013: The Year In Review

Please visit the Smaulgld Store for a larger selection of recommended Kindles, books, music, movies and other items.

Or you can support by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion ads on the site:

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation