My take on the commodity supercycle and stock market zeitgeist...and the new era of precious metals, uranium (just bottoming, btw)and alternate energy. As I have said here since 2005 "Get ready for peak everything, the repricing of the planet and "black swan" markets all over the place".
30 June 2008
The Death of Securitized Mortgages
That whole source of funds is over, which is why both the US, UK and Australian housing markets will experience a 30% decline.