Category: Currency

Strong Buyers Market In Housing! 47.1% More Sellers Than Buyers

Its some kind of wonderful … for home buyers.

Home sellers outnumbered buyers by 47.1% in December 2025, the largest gap since Redfin data began in 2013.

The percentage jumped by +7.1 points from November, the biggest monthly increase since September 2022.

The number of active homebuyers fell -5.9% MoM to 1.34 million, the lowest level on record.

Meanwhile, home sellers declined -1.1% MoM to 1.97 million, the lowest since February 2025.

By comparison, in November 2021, there were 36.5% fewer sellers than buyers.

This all comes as elevated housing costs and economic uncertainty continue to push buyers to the sidelines.

Buyers now hold unprecedented negotiating power, but only if they can afford to enter the market.

Let’s see what sugar babe (aka The Federal Reserve) does.

Mortgage Market After Covid! Soaring Home Prices And Mortgage Rates Led To Collapse Of Mortgage Originations

Like The Talking Heads song “Life During Wartime,” we are dealing with the mortgage market affer Covid. What happened? Mortgage originations plunged after mortgage rates (red line) soared.

In addition, insane Federal spending levels caused housing prices to soar.

‘Stay warm!

Good Feds Don’t! Fed Money Printing Benefits The Top 1%, Not The Bottom 50% (The Fed Acting Like Somalian Daycare Centers)

A good Federal Reserve don’t. Print money, that is.

The Federal Reserve prints a lot of money (M2). Unfortunately, it largely benefits elites (the top 1%). The bottom 50% get some benefits, but the gains in net worth largely benefits the elite class.

This sounds like a legal Somali daycare scheme. Perhaps The Fed should be renamed “The Federal Quality Learing Center.”

Yes, Somalis have daycare centers in Columbus Ohio. Thanks Governor Dewine for doing absolutely nothing to reign in their fraud. /sarc

Gold And Silver: Silver Up 10% On Friday, Gold Outperforming Stock Market Over Last 30 Years (Silver Hit $79.2708!)

Gold and silver. Gold is now outperforming the Stock Market over the last 30 years.

Silver is up 10% on Friday.

Silver (XAG) just hit the $79.2708 price point.

Dino’s song. A shout-out to David Freiberg on the Gibson SG bass and John Cipollina on the Gibson SG guitar. I love the Gibson SG!

Federal Government Continues To Spend Like Drunken Sailors In Port Despite Schumer Shutdown (Federal Debt Breaches $38 Trillion, Budget Deficit Breaches $7 Trillion)

Of course, CPI data release has been delayed thanks to the US Federal government shutdown (aka, the Schumer Shutdown). But never fear, the Federal government is continuing to spending like the proverbial drunken sailors in port. The Federal debt just breached the $38 trillion mark.

And the Federal budget deficit just breached the $7 trillion mark. Why? Too much Federal spending! The Federal government COULD raises taxes, but that would strangle the economy. But politicians in DC are terrified of not being re-elected, so they are terrified of cutting spending.

What about The Federal Reserve? M2 Money printed by The Fed now exceeds $22 trillion and The Fed’s balance sheet is now around $6.6 trillion. Can The Fed print our way out of the debt crisis? Think of the Weimar Republic with its hyperinflation due to excessive money printing.

The only way out is to drastically cut Federal spending. Or we could rename the US Dollar as the Reichsmark.

Any wonder why gold and silver prices are through the roof?

Federal Gov’t Having A Party! Fed Printed 43.2% More Money Since Covid (While The Federal Government Borrowed 56% More Money)

The Federal government is having a party! A spending party requiring massive growth in Federal borrowing AND Fed M2 money printing.

Federal borrowing has increased by 56% since Covid in 2020. And Fed M2 Money increased by 43.2% since Covid outbreak.

M2 money velocity (GDP/M2) is now at 1.392.

As of Q2, interest payments on the national debt exceeds spending on defense.

Despite being shut down by Democrats and Chucky Schumer, The Federal government and Federal Reserve continue to borrow and print money like crazy.

US Treasury Yield Curve Points To Zero Relief For Mortgage Market Even If The Fed Cuts Their Target Rate Tomorrow

Participants in the mortgage market are hoping for relief in the mortgage market when The Fed lowers rates tomorrow.

But the reality is the the bond market is expecting declining short-term rates, but not much change at the 10-year tenor.

Mortgage rates have fallen since October 23, 2023 as the yield curve has gradually steepened.

So don’t be surprised if The Fed cuts rates tomorrow and there is little or no reaction in mortgage rates.

House Of The Dying Dollar? US Purchasing Power Of Dollar Fell -18% Under Biden/Powell, But Has Only Fallen -2.5% Under Trump II (Dollar Down -97% Since Fed Estabishment In 1913)

Under The Federal Reserve, the purchasing power of the US Dollar has declined -97% since the establishment of The Federal Reserve in 1913. It is the House of the Dying Dollar.

Under The Federal Reserve, the purchasing power of the US Dollar has declined -97% since the establishment of The Federal Reserve in 1913.

Of course, Trump II is only 9 months old and Biden had 4 long years to destroy the dollar.

The Fed Lost Another $653 Million Last Week (Bring Total Realized Losses To More Than $236 Billion Since Sept ’22)

Nobody pisses away money like Washington DC.

The Fed lost another $653 million last week, bringing total realized losses to more than $236 billion since Sep ’22.

Nothing has been the same since the financial crisis and Bernanke’s overreaction.

California Governor “Greasy Gavin” Newsom wants to be President of the USA. He will fit right in with the other spendthrifts in Washington DC.