Jan 29, 2013
Daniel Park just got back from throwing cold water on the die-hard precious metal bulls at the Vancouver Resource Investment Conference. She's not buying glowing government statistics showing that housing is recovering, either. In fact, we discussed the inventory overhang, the aptly named shadow inventory, over 6 million strong and growing. Now banks are renting out newly foreclosed homes to their defaulting borrowers. And in Florida, foreclosure is entering into the dating scene, where so many singles are on the verge of losing their homes. When will it all end?
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