Hi Chris, Klaus and other Grandich followers. I finally made it over here to see you...or should I say hear you. Below is a story about real estate and am wondering what your throughts might be about profiting from this trend via a short real estate ETF. Here in the states one that I am thinking of investing in is SRS. What say you?

The following from Ed Steers of Casey this Sat. morning:

"The next three stories are all courtesy of the King Report. The first is a story posted at <CNNMoney.com. "Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, according to a report issued Thursday." The headline reads "Foreclosures: 'Worst three months of all time'". As I keep saying... call me in 2013 and we'll talk about a bottom in the U.S. real estate market."

http://money.cnn.com/2009/10/15/real_estate/foreclosure_crisis_deepens/