RE:RE:RE:RE:RE:RE:The message for HCG bagholders ...Northforce13 wrote: When you studied the part about delinquincies vs collateral values what did you conclude.
I concluded that the value of the underlying collateral has gone up about 300% from when the fraud mortgages were put on the books and the short thesis was birthed in 2015.
Delinquencies are virtually non-existent and the economic numbers of late have surprised everyone - including me. And then there is this thing called CMHC insurance that Americans will never understand.
Where is the Vancouver crash that was supposed to be parabolic? I listened last year to a vocal short who said to put all my cash in US dollars and glad I only put half of what I had. I am down 12% on that trade and am starting to think that the loonie may reach 83 cents before year end.