drbubb

(As posted on a private Viber chat & on Mak-Pr): About "high yields" at MOA / Manila Bay. It is Great now for overnight rates, IF you can find tenants. Loads of Chinese are staying there. But after a visit or two, the Chinese realize how boring it is, if they tire of casinos. Now showing up in Makati, are many mandarin-speaking Chinese. Meantime, there is HUGE supply of new flats coming over the next 2-3 years in MBay. Anytime someone talks about high yields, ask him/her to back it up with actual hard data, not broker-talk. It would be interesting to dig into data and compare it with the supply coming out. If they say they are using overnight AirBNB rates, that is nonsense, because they are meaningless without knowing the occupancy rates - days per month over a whole year, not just at seasonal highpoints - and there is "a lot of work involved in AirBNB" which might be worth P5-10,000 monthly, or please share an explain a different estimate

Bill Still reports / 1 / Joe Digenova - FBI Trying to Frame Trump, 1945 / 2 / Media Malpractice Against Trump is Rampant, 1946 =

The JUDGE DOUBLES DOWN on "take them out in cuffs" Justice With Judge Jeanine 12/16/17 I Fox News Today December 16, 2017 =

Overall market comments: =========== 1 / The market is hot as a pistol now, Mainland Chinese buyers have upset the supply/demand balance, and Ayala (&others) reacted by pushing their prices up fast. Second tier developers have followed the price rises where they can - and the secondary market has heated up too 2 / In just two short years at Arca South, Avida become priced like Ayala Premier was recently - Given the difference in branding, I find it remarkable!. After last Sat's meetup, 3-4 of us decided to do some real life investigation. A., M. and I went to... visit an Avida showroom. I was pretty shocked at how fast they have been pushing up prices everywhere, and at Arca South in particular. I used to think of P180-200k per sqm as the price "domain of Ayala premier". Now most of the remaining stock in Avida projects seems to be priced at - wait for it - at about P190k psm! That is almost double what I paid for my own avida san Lorenzo unit just 2 1/2 years ago. But I have recently had an offer on my SanLo unit at about P 120k psm, so probably I am pricing it too cheap. I am now thinking of asking P130k-140k. At P150k, I would get P3.3 million, which is over the current VAT threshold. An Avida agent told me I should target P3.4-3.5 million if the VAT threshold disappears. I will consider that ===== VERTIS NORTH in Quezon City, site visit : I visited AyalaLand's Vertis North project in Quezon City today. It was the first time I had seen it in person, after looking at maps, floorplans, and other images for about two years. In fact, it looked better than I had expected, and I think a good investment case can be made. But you may have to move fast, for reasons I will explain. Here are some reasons I am predisposed to like selected opportunities in VN: + The Transport angle: Vertis may turn out to be the "best connected" location in PH. Within the next 5-10 years all of Manila's major railways may connect thru Vertis: The EDSA/MRT-1 line (at North Station), The LRT, MRT-7 to Bulacan (& maybe going on the Clark, and probably the first station of the recently approved Mega-Manila subway. MRT-1 now services North station, and there is room for major improvements on that line when the new contractors take over in 2018 (as expected.) The big improvement in connectivity to the airport will be in maybe 5-6 years if the Mega-Manila subway is completed "on time." Then, the journey to NAIA might be something like 30-40 minutes, with easy connections to Clark airport sometime in the future. + Offices & Jobs: With so many connections, it will be a suitable place for big companies to put their Northern Headquarters, or even their PH Head offices. Something like 70% of the space in the whole of Vertis is reserved for offices. Three BPO's will open in the first half of 2018. Many more office buildings are coming there. (# offices to be obtained from Ayala contacts) + Quezon City is huge: QC has a rich history, having once been the capital city of the PH. Living within the city are lmany wealthy people and they are served by a few large malls (Trinoma and SM's mall, come to mind.) But the city lacked a main CBD, business center. Ayala's Vertis North should provide that within 5-10 years as the office buildings are completed and rented out. People working in the CBD will provide tenants, and possible future buyers of properties at VN, raising the probability of a profitable exit + VN with have a nice green park at its heart: this will make it a nice place to meet, to relax, and to do outdoor sports, such as jogging. People will want to live on or near the park, when they work nearby, or if they use the transport connections to commute to jobs elsewhere. The Ayala salespeople call it "the next BGC" (a title also claimed by Arca South), but VN's size, its great transport links, probable high paying jobs, and ability to build higher - actual skycrapers - may give a better chance of mimicking BGC than Arca. BTW, the transport links at VN are BETTER than those at BGC + Vertis Style: Visit the Seda hotel at VN, the "largest Seda hotel" and the next door Vertis North mall and you may get a sense of the style and branding that Ayala is aiming for at Vertis. There is also a casino coming into VN, to be run by Solaire

== Latest News - Bonanza grades November 20, 2017 Gran Colombia Gold Announces Intersection of 2.05m @ 461 g/t Au, Including 0.37m @ 2,329 g/t Au, From the Providencia Mine as High-Grade Infill Drilling Results Continue; Files National Instrument 43-101 Technical Report for Its Marmato Project

So far, so good: FF.t / First Mining Finance ... weekly : 2-yrs : 6-mos / 10-d Yesterday's move : $ 0.62 + 0.06 : +10.71% On VERY Heavy volume : 3.92 Million shares Comments RE:RE:RE:Nice bump in sp posted December 15, 2017 06:48 pm by goldpet Who knows why we saw the big move up today. It's nice to see though and waaaay overdue. Just a guess. Maybe every other sector is so fully priced someone decided to stick some money into the...read more posted December 15, 2017 05:35 pm by BILLMINER are we seeing money come back into the mining sector finally ? Net short dollar bets way up, bitcoin too expensive, Dow etc topped out, gold rally commencing . Investors seem to be positioning...read more == > stockhouse: http://www.stockhouse.com/companies/bullboard?symbol=t.ff

C2c - I will comment after listening. TWO Interesting segments here: Russiagate by a true expert & Asteroids! Coast To Coast AM - December 13, 2017 Mysterious Oumuamua & Russiagate In the first half, Stephen F. Cohen, a Professor of Russian Studies and History Emeritus at NYU, spoke about weakening US-Russia relations, and Vladimir Putin and his role in the "Russiagate" saga. In the latter half, ufologist Stanton Friedman talked about the mysterious "Oumuamua," a cigar-shaped asteroid that passed by Earth last month, and some have speculated may be an alien probe. The pictures depicted of the object are an artist's concept, he pointed out, so we don't know exactly what it looks like. "It's interesting because we haven't picked up something like this before," he commented. Oumuamua is moving at a very high speed, and has an unusual shape that resembles descriptions of UFO motherships in some past cases, he noted. == (More on the Cigar-shaped asteroid): Linda Moulton Howe LIVE 12/13/2017

AXIS Residences - An Old advert

Rental Estimates (Some posters on SSC are speculating on what the units might rent for): " I am willing to rent (OUT) my 74 sqm unit core 2br for around 60k. But a 28 sqm apartment there would have a 25 to 30k per month range. But I will defer to people who have units in the area. I suggest you look at OLX for the current market price for the columns or Lerato..." (I have been thinking that those who paid P 3million or less may be happy with P 25,000 /mo x 12 = P300k / P3 milion "original cost" = 10% gross yield.)

Rumored at Rise: A Rise in the transfer Cost Rumors are rife on social media that Shang intends to increase the cost of Contract transfer from P50K to P200k or P250k. I will be looking into this. Not sure how Shang could increase a cost that was written into their Sales Contracts, so perhaps this is only for new contracts, or for 2nd and 3rd resales (On SSC there are questions about whether or not The Rise is worth the P200K+ psm price that it is presently selling for - To me, it depends on the price of competing properties, which are also going put -- Fast! in many cases): Originally Posted by m--- You could get the "affordable price" if you bought your unit at preselling in 2014. But the current price is over 204k-213k sqm which is expensive having in mind that the building is still over 2 year away from being turned over. Another (X--) responded: I did buy at the pre-selling price. I 't buy at the current price. If you are buying now at an expensive price, consider your other options like DMCI. But if you still decide to park your money here, well then you chose it with open eyes so no need to complain. For those who did not do due diligence and just got on the bandwagon because of the Shangri-la brand, well... you are getting what you paid for. Caveat emptor. > SSC I am not sure about DMCI. Some people like their products, but others complain about the "hidden" high miscellaneous costs, and/or the ongoing quality of property management (it may be different in different buildings)

Deep State ugliness revealed Ex Spy Chief Admits War With Trump 1938 =

Good News: Crusading Judge Sullivan, now involved Dick Morris is sound & sensible, and worth a listen here Crusading Judge May Discipline Mueller with Dick Morris =

http://www.dailymail.co.uk/news/article-5171113/100-year-old-images-Navajo-gods-used-healing-ritual.html >

Pure Imagination: In a world dominated by fake News, where you may go to prison for calling delusional people "fake women", We have Fake Assets pulling in more & more investment === Bitcoin Officially Biggest Bubble In World History! One month ago, a chart from Convoy Investments went viral for showing that among all of the world's most famous asset bubbles, bitcoin was only lagging the infamous 17th century "Tulip Mania." One month later, the price of bitcoin has exploded even higher, and so it is time to refresh where in the global bubble race bitcoin now stands, and also whether it has finally surpassed "Tulips." Conveniently, overnight the former Bridgewater analysts Howard Wang and Robert Wu who make up Convoy, released the answer in the form of an updated version of their asset bubble chart. In the new commentary, Wang writes that the Bitcoin prices have again more than doubled since the last update, and "its price has now gone up over 17 times this year, 64 times over the last three years and superseded that of the Dutch Tulip’s climb over the same time frame." That's right: as of this moment it is official that bitcoin is now the biggest bubble in history, having surpassed the Tulip Mania of 1634-1637. And with that we can say that crypto pioneer Mike Novogratz was right once again when he said that "This is going to be the biggest bubble of our lifetimes." Which, of course, does not stop him from investing hundreds of millions in the space: when conceding that cryptos are the biggest bubble ever, "Novo" also said he expects bitcoin to hit $40,000 and ethereum to triple to $1,500. "Bitcoin could be at $40,000 at the end of 2018. It easily could," Novogratz said Monday on CNBC's "Fast Money." "Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well." As for Wang, here are some additional observations: I continue this topic and discuss a main driver of bubbles. When we see a dramatic rise in asset prices, there is often an internal struggle between the two types of investors within us. The first is the value investor, “is this investment getting too expensive?” The second is the momentum investor, “am I missing out on a trend?” I believe the balance of these two approaches, both within ourselves and across a market, ultimately determines the propensity for bubble-like behavior. When there is a new or rapidly evolving market, our conviction in the value investor can weaken and the momentum investor can take over. Other markets that structurally lack a basis for valuation are even more susceptible to momentum swings because the main indicator of future value is the market’s perception of recent value. We will publish the balance of Wang's full note "What causes asset bubbles?" shortly, but for now we just wanted to experience a moment of true zen serenity, knowing that we now stand in proximity to an asset bubble the magnitude of which has never before been observed by humanity. Thanks central banks! 2/ People Mortgaging Homes To Buy Bitcoin... According to reports, a number of investors looking to cash in on the soaring prices have resorted to putting their houses up as collateral to fund the venture. “There definitely are some risks — it’s not a perfect technology,” Morningstar analyst Jim Sinegal said, via CBS Chicago. “If you have money in the bank, the bank is protecting your money. If you have money in bitcoins, it’s all your responsibility.” === === But... What if the "protection" afforded by banks is Fake too??

BREAK THE CROWN? Someone needs to "break the crown" of Polifact for their astonishing lie - see below The disgusting thing is that some people will believe them The biggest lie of the year? Trump wins the popular vote by a landslide Published: Dec 12, 2017 11:53 a.m. ET MarketWatch photo illustration/Getty Images, iStockphoto By ShawnLanglois Social-media editor PolitiFact on Tuesday named President Trump’s stance on Russia’s influence on the 2016 election as its “Lie of the Year,” and a poll of the website’s readers backed the choice by a wide margin. “A mountain of evidence points to a single fact: Russia meddled in the U.S. presidential election of 2016,” PolitiFact wrote, explaining that, in both public and classified reports, U.S. intelligence agencies have said Putin ordered actions, such as propaganda targeting particular candidates, to interfere with the results. Furthermore, PolitiFact pointed out that Facebook FB, -0.32% Google GOOG, +0.69% and Twitter TWTR, +0.14% have all investigated their own networks and come to the conclusion that Russia used their platforms to influence the election. Yet Trump has stuck to his stance. “This Russia thing with Trump and Russia is a made-up story. It’s an excuse by the Democrats for having lost an election that they should’ve won,” he told NBC in just one example of his many claims of “fake news” swirling around the controversy. See Also Opinion Journal: Covering for Robert Mueller In the poll of more than 5,000 PolitiFact readers, Trump alleged fib took home 56% of the votes, easily beating out Raul Labrador’s claim that nobody dies from lack of health-care access, which got 14%. == > https://www.marketwatch.com/story/the-biggest-lie-of-the-year-trump-wins-the-popular-vote-by-a-landslide-2017-12-12?siteid=bigcharts&dist=bigcharts Listen to RDS here. He says that Russia and China may have a competitor to FB and GOOG by mid-year xx I hope GOOG loses ALL their business and Eric Schmidt winds up "fighting off Bubba" in prison

"The Good Guys are Winning!" (Or are they?) HOW REAL is this headline?? Are the white hats arresting or indicting 2,000 - 10,000 Pedos, and associated bad actors? Ben Fulford says so. And so does David Wilcock... and RD Steele too (Here's Fulford): Benjamin Fulford: December 11, 2017 "Massive arrests of Khazarian gangsters" "Laser beams being used to start fires in CA... and child-eating and flesh-eating monsters are chased down" (Here's a skeptic's reaction): David Wilcock (Dec 11, 2017) - Benjamin Fulford, Robert David Steele New Age Scam Artists The arrests story said to be "sourced thru Hal Turner, and ex-FBI guy"

"Free Stuff" is attracting the Wrong Immigrants Stefan says we need to look at the Over-Use of Welfare by Immigrants, since too many people are "coming for the Free Stuff, and not for Freedom" Failed New York City Terrorist Attack | True News "VASTLY different welfare usage" - by Immigrants WAKE UP , PEOPLE! And especially you virtue-signaling females, who like to spend the Tax money of hard-working people, mostly males And we are seeing Very different Birth rates by immigrants

Will Bitcoin Reach $120,000? Billionaire Says YES! Published on Dec 10, 2017 The Winklevoss twins fully believe that Bitcoin will one day reach a market capitalization in the TRILLIONS. Early adopters in Bitcoin Platinum get forked over, as the founder confesses that it was all just a scam. Bank of America gets a patent for proprietary blockchain technology. Litecoin founder Charlie Lee questions the merit of popular cryptocurrency IOTA.

Bitcoin Futures Start With a Bang as 26% Rally Triggers Halts BTS ... update

UK House price article Over the past 30 years real interest rates in the UK and other developed economies have been on a long-term downwards trend. This has supported the valuations of many assets, including house prices. With real interest rates predicted to rise gradually over the next decade or two, precisely the opposite (a ‘decapitalisation’, or a fall in real house prices) could happen and we believe real house prices could be 20% lower by 2030. The recapitalisation effect In the second half of the 1980s mortgage interest rates in real terms averaged over 7.5%. In contrast, in the five-year run-up to the global financial crisis they averaged less than half that, at 3.5%, and over the last five years they have halved again, averaging just 1.7%. The persistent decline in mortgage interest rates over the past 30 years has been one of the most powerful influences that helped contribute to the more than fivefold rise in nominal (and 2.5-fold rise in real) house prices over that period. What is more interesting is that following the sizable fall in interest rates and rise in house prices, the repayment-to-income ratio is now exactly in line with its long-run average. This indicates that, when it comes to affordability, the fall in mortgage rates has been completely offset by an equivalent rise in house prices known as the ‘recapitalisation’ effect. From recapitalisation to decapitalisation Now imagine this process in reverse. How far do house prices have to fall by 2030 to keep the repayment-to-income ratio in line with its long-run average when interest rates rise? To develop our framework, we made some assumptions: Bank of England official nominal interest rates will rise linearly to 4% by 2030 (i.e., just over 25bp of hikes per year). This resting point for interest rates reflects a combination of long-term real GDP growth of 2% plus 2% inflation. The spread of mortgage rates over Bank Rate will remain close to its current 230bp. Average nominal household income will grow at 2.5% per year, rising to 0.75% y-o-y thereafter. Based on these assumptions, if our aim was to keep the repayment-to-income ratio static at its current long-run average level of 23.5%, then nominal house prices would need to remain broadly unchanged each year between 2017 and 2030. That equates to an average 1.75% annual decline for each of those years. In level terms, nominal house prices would be unchanged relative to this year by 2030; in real terms that equates to a 20% decline over the period. In other words, just as lower interest rates were ‘recapitalised’ into higher house prices over the past few decades, a normalisation in interest rates could result in a ‘real term decapitalisation’ of the UK housing market over the coming years. For more in depth information on our analysis including some of the potential pitfalls, read The ‘decapitalisation’ of UK housing == > http://www.nomuraconnects.com/focused-thinking-posts/will-uk-housing-continue-to-stand-tall-or-fall/?utm_campaign=BrandQ4~HK&SG&utm_source=Dianomi&utm_content=UKhousing:theriseandfall~UKhousing~&utm_medium=Agreedtitles

CNN = Utter utter Fake in "humiliating Debacle" GREENWALD: Media Suffers Most Humiliating Debacle in Ages... The U.S. Media Yesterday Suffered its Most Humiliating Debacle in Ages: Now Refuses All Transparency Over What Happened Glenn Greenwald December 9 2017, 11:17 p.m. Friday was one of the most embarrassing days for the U.S. media in quite a long time. The humiliation orgy was kicked off by CNN, with MSNBC and CBS close behind, with countless pundits, commentators and operatives joining the party throughout the day. By the end of the day, it was clear that several of the nation’s largest and most influential news outlets had spread an explosive but completely false news story to millions of people, while refusing to provide any explanation of how it happened. The spectacle began on Friday morning at 11:00 am EST, when the Most Trusted Name in News™ spent 12 straight minutes on air flamboyantly hyping an exclusive bombshell report that seemed to prove that WikiLeaks, last September, had secretly offered the Trump campaign, even Donald Trump himself, special access to the DNC emails before they were published on the internet. As CNN sees the world, this would prove collusion between the Trump family and WikiLeaks and, more importantly, between Trump and Russia, since the U.S. intelligence community regards WikiLeaks as an “arm of Russian intelligence,” and therefore, so does the U.S. media. This entire revelation was based on an email which CNN strongly implied it had exclusively obtained and had in its possession. The email was sent by someone named “Michael J. Erickson” – someone nobody had heard of previously and whom CNN could not identify – to Donald Trump, Jr., offering a decryption key and access to DNC emails that WikiLeaks had “uploaded.” The email was a smoking gun, in CNN’s extremely excited mind, because it was dated September 4 – ten days before WikiLeaks began promoting access to those emails online – and thus proved that the Trump family was being offered special, unique access to the DNC archive: likely by WikiLeaks and the Kremlin. It’s impossible to convey with words what a spectacularly devastating scoop CNN believed it had, so it’s necessary to watch it for yourself to see the tone of excitement, breathlessness and gravity the network conveyed as they clearly believed they were delivering a near-fatal blow to the Trump/Russia collusion story: Comment: FAKE, fake, fake. Good God, the reporter struggles to complete each sentence. I reckon, it is because he does not like Lying Just looking at the two almost identical bald-guys was hysterical. "Former FBI" hahaha. I could not stop laughing,. The black color reporter said: "This is problematic." (a classic SJW catchphrase) ======= There was just one small problem with this story: it was fundamentally false, in the most embarrassing way possible. Hours after CNN broadcast its story – and then hyped it over and over and over – the Washington Post reported that CNN got the key fact of the story wrong. The email was not dated September 4, as CNN claimed, but rather September 14 – which means it was sent after WikiLeaks had already published access to the DNC emails online. Thus, rather than offering some sort of special access to Trump, “Michael J. Erickson” was simply some random person from the public encouraging the Trump family to look at the publicly available DNC emails that WikiLeaks – as everyone by then already knew – had publicly promoted. In other words, the email was the exact opposite of what CNN presented it as being

"A period of Self-destruction" of the MSM "They are disqualifying themselves" Another Massive CNN Fake News Failure! | True News "You've been lied to"... about Free Markets, and more

Very Very FAKE NEWS ! CNN BOTCHES ANOTHER 'BOMBSHELL' THREE BIG MEDIA SCREW-UPS IN WEEK TRUMP UNLOADS === CNN misreported key details of an offer made to Donald Trump Jr. last year of a batch of stolen Wikileaks documents. The story, which CNN published on Friday and covered extensively on TV, was touted as the first evidence that the Trump campaign was given a heads-up about documents stolen from Democrats. But the story appears to have been riddled with errors, while also lacking key context. Perhaps the most jarring error in the CNN report is the date on which Trump Jr. was sent the email... . . . Why it matters: In today's hyperpolarized world, "fake news" has become a refrain to describe stories that observers on both sides of the spectrum decide that they don't like. These reporting issues by esteemed media organizations give credence to that ignorance, which further damages the value of insightful, impactful reporting — especially when it comes to one of the biggest, most polarizing stories of our political age: the Russia probe. Keep reading 270 words The misses Flynn's testimony: Last Friday, ABC News reported that former national security advisor Michael Flynn was prepared to testify that President Trump, while still a candidate, directed him to contact Russian officials. But later in the day, the network issued a "clarification" that the direction came when Trump was president-elect. That changed the impact of the story entirely as it's a common occurrence for presidential transition teams to reach out to foreign governments. Deutsche Bank subpoena: Reuters and Bloomberg both reported on Tuesday that Special Counsel Robert Mueller's investigation had subpoenaed Deutsche Bank for information on accounts relating to President Trump and his family members — seemingly confirming that Mueller had expanded his probe to investigate the president's financial dealings. The WSJ defused that bombshell in a follow-up report stating that the subpoenas actually dealt with "people or entities close to Mr. Trump." WikiLeaks emails: CNN reported this morning that senior Trump campaign officials, including Trump himself, received an email from an unknown sender on September 4, 2016 that linked them to what could have been unreleased WikiLeaks documents. WaPo issued their own report later in the afternoon that the email was actually sent on September 14 — and linked to a trove of documents that WikiLeaks had publicly released a day earlier. Trump calls on voters to back alleged sex abuser Roy Moore and even mocks one of his accusers in huge Florida rally – fifteen miles from Alabama – as he unloads on 'fake news' and can't resist a jab at Hillary Clinton President Donald Trump rallied his supporters in Pensacola, Florida, a town that's less than 15 miles from this month's political ground zero Pensacola voters will decide the strange U.S. Senate special election between Republican Roy Moore and Democrat Doug Jones During his speech he jabbed at one of the nine women who have accused Moore of misconduct, Beverly Young Nelson, who revised a detail of her story Friday 'You know the yearbook? Did you see that? That was a little mistake made. She started writing things in the yearbook,' the president scolded Trump also stopped and pointed to a man in the crowd at one point and said: 'This guy's screaming, 'We want Roy Moore!' He's right' Trump kicked off his speech taking a swipe at 'fake news' media on the day CNN had to correct a story It had falsely claimed Trump's son Donald Jr. was tipped off to a cache of hacked emails before WikiLeaks published them He said the reporters he loves to hate 'have been apologizing left and right' Read more: http://www.dailymail.co.uk/news/article-5161757/Trump-rallies-alleged-sex-abuser-Roy-Moore-Florida.html#ixzz50laeIQEx Donald J. Trump ✔ @realDonaldTrump We should have a contest as to which of the Networks, plus CNN and not including Fox, is the most dishonest, corrupt and/or distorted in its political coverage of your favorite President (me). They are all bad. Winner to receive the FAKE NEWS TROPHY!

RISE: "As of today, Dec 8, construction is at 56th floor" == > ssc ( Of 59 storeys, excluding "missing" floors - If so, only 3 floors to go!)

Right time? Right Price? SLV is the etf for Silver SLV ... update ==