Market Timing Pro

The Nightmare Mortgage

September 8, 2006

As home prices fall, there are a large number of borrowers out there who not only are worrying about the value of their homes, but also about paying off rapidly rising monthly payments caused by a new and extremely dangerous mortgage called the Option Adjustable Rate Mortgage (ARMs).

Option mortgages offer unrealistically low payments that add monthly-unpaid interest onto the principle of the mortgage. A ticking time bomb. Fully 12.5% of all mortgages nationwide were of this type in the first half of 2006 according to FirstAmerican LoanPerformance. Typically huge prepayment penalties make them impossible to get out of.

These loans are being pushed by deceptive brokers onto unsuspecting buyers who will never be able to pay them off. Beware, the bomb is ticking and will explode during the next recession.

All That Sparkles Is Gold

April 18, 2006

There is still time to buy top gold mining stocks like Newmont Mining (NYSE: NEM), Barrick Gold (NYSE: ABX) and Goldcorp Inc (NYSE: GG). Monday’s rally in gold stocks was not unexpected, but the momentum in gold stocks is building to potentially explosive levels.

The Gold and Silver Index (AMEX: XAU) powered ahead 6.24 points on Monday, a single day gain of 4.3%. This brings the XAU to within 2% of the prior January 2006 rally highs. There is little doubt that gold stocks are now set to test those highs.

With gold bullion at the highest levels seen since 1980 and the XAU poised to break out, such top gold stocks as NEM, ABX and GG are the vehicles of choice to ride this rally higher. How high is high? If the XAU closes above 155, expect the to rally to reach at least 162-172 at a minimum. The top gold mining companies will do better.

Not Too Late To Profit From Gold Rally

The current rally in gold stocks still has new highs ahead and StreetTRACKS Gold (AMEX: GLD) for aggressive traders or bullish gold mutual funds such as Rydex Precious Metals (RYPMX), ProFunds Precious Metals (PMPIX) are the vehicles of choice to benefit.

The rally in gold started back in May, 2005 creating huge profits for gold traders. From a low of 76.79, the Gold & Silver Index (XAU), topped out at 156.47 in January 2006. A +104% gain for long suffering gold bugs who have not seen such gains for 26 years.

From late January to mid March of this year the Gold & Silver Index suffered through a 21% correction and fears grew that the rally was over. But the FibTimer market timing services were looking for this correction weeks before it began, and told subscribers it would not only end, but was needed before gold stocks could continue their rally.

FibTimer is looking not only for higher highs, but a break out above the prior Gold & Silver Index rally highs at 156.47 in the coming weeks and months. Gold bullion will top $600 an ounce shortly. Expect this bullish news event to attract even more buyers.