chazza

Yup, 1577.57 on the 2nd May

+1

http://www.realclearmarkets.com/off_the_street2/2011/05/gold_standard_qe_iii.html So bad, I had to post it. FT actually linked to this story..... Wow

Yes I agree it is likely. Fixed assets and all that. I guess the fairness thing pisses me off. I wouldnt mind so much if I had benefitted from the market. I guess one of the things that gets me the most is that the government keeps the market high to protect itself, its taxes and the banks and then says how good it is for the public.....

These would piss me off. Having been off the generation where i havent 'benefitted' from rising property prices and having to pay a princely sum for a family home now. I wonder how they will evaulte who has beenfitted from the rise, or in fact, they will just tax everyone living in more expensive houses. Living in the commuter belt I will probably fall into that net. So I will have a double wammy: (i) having to pay an exorbitant price for a family home due to governemnt errors and poor policy and then (ii) having to pay again in more taxes for the privelege of buying an expensive home. Doesnt make sense. If this comes in I will be looking at tax avoidance measures. I have always paid full tax. However this will be the final straw.

http://www.telegraph.co.uk/finance/budget/8402403/Budget-2011-Buy-to-let-opportunities-opened-up-by-stamp-duty-reforms.html If this is correct, this could provide some support for prices. Should also enable the banks to sell off whole portfolios quicker.

To explain, was chatting to some work colleages (in finance industry - i know, i know) about why I would (am) still buy(ing) gold. Didnt go into much detail so they could air there own views/make up their own minds. I think one quietly gets it, the other was not a buyer at all "far too expensive".

Legend, thanks. I can see it now. Obviously too early for me!!

GF, a favour please? Can you point me towards the Gold/MZM chart you use or have please. Struggling to find it on gold approxmity.

Legally I believe they have to show the offer?

Silver/GBP testing its previous all time high 21.63 (from above now of course). Next stop 26 or 20?

21.6364 from BBG

How times have changed....

Possibly, but the fast train link into Waterloo helps you feel connected still. Great for kids to grow up, which is my main reason.

Weybridge...all very nice!

I have just move to prime London commuterville, a friend here is selling his 4-bed to upsize. Within 2 weeks and before offical marketting commences, he has received (and declined) 2 full asking price offers...

I can agree with those experiences, however whilst there are a lot of what some people may think are average houses for £1mio+ in London, there is NO WAY that bungalow is £1mio.

The world would not stop turning. Agreed bank run down would be a difficult process and harder than bailing out, hence why the politicians (inevitably) took the easier option. As you say they are cowards, anything to 'protect' us (themselves) from hardship.

+1 The banks should have been left to fail/placed in run-down

The lower pumpkin is the best I've seen. Can't believe I will have to wait a year now to impress my kids by passing it off as my own idea.

Probably a stupid question. What system would you trade that over?

My point is: there is never no chance. Gold, equities, football, whatever.

What a load of rubbish, can't trust Rightmove

I imagine ours would be a similar mutliple where we are renting now