Sunday Funnies 2010-05-02: "Brown Chip" Investing; Bubble Pricing in Vancouver

Reflections on Vancouver Bubble Pricing
Matt writes …
Hi MikeI like your blog, and have been interested to read some of the comments about the housing situation in Canada. I noticed this on my walk through downtown Vancouver yesterday and thought you might be interested.
Looks like an informal rating agency is out there!
Cheers
Matt
Bubble Pricing Take 1

Bubble Pricing Take 2

Matt sent two additional images as well. Thanks Matt!
Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.



By Mike Shedlock on 05/02/2010 10:00 am PST -- Economy