http://uk.warrants.com/services/quotes/details.php?code=SW61
Would appreciate comments on the Covered Warrant above...
Seems cheap to me for a strike price of only $900.
Just eye-balling your chart it looks like we will have to wait till 2020.
As I recall that fits with Krasimir Petrov's estimate of $10,000 gold at the same date...
Ah yes, and by the same reasoning.
http://dantyrant.blogspot.com/2008/03/kras...ll-gold-go.html
Our 'Lost decade' starts here?
Take a look at the Time on Market graphs in this report:
http://www.home.co.uk/asking_price_index/HAPIndex_APR09.pdf
How long before average marketing time is over a year?
Or will sellers wake up?
When the government has to cut higher education spending Cambridge will be slaughtered. In fact they collapse has already begun:
http://www.home.co.uk/guides/house_prices_...mp;endyear=2009
Companies are already shying away from joint R&D projects with the Uni cos they charge too much, esp. for admin.
Sounds like your friend got lucky!
Where's the bottom?
Looks at these sales volumes for london (bottom graph).
http://www.home.co.uk/guides/house_prices_...mp;endyear=2009
Jan was just 20% of the peak volume (Aug07) and the trend is still down...
Yep me too. I loath their prying. 'Money laundering' they say to me. Bloody hell, I think, perhaps if you'd scrutinised your own investments more closely we wouldn't be in this mess.
I prefer to think that owning gold has revealed to me the volatile value of fiat currency, especially these days.
An ounce of gold is now worth the same as it ever was!
http://www.telegraph.co.uk/finance/persona...-portfolio.html
"Paradoxically there is one asset that advisers recommend as a hedge against both inflation and deflation: gold."
There was a similar article in this weekend's Sunday Torygraph too.
Note also a video on Gold from AEP (but I can't view it...what's it like?): http://www.telegraph.co.uk/finance/persona...-below-900.html
If this guys right...
http://online.barrons.com/article/SB123638...glenews_barrons
Basically: S&P500 down to 400 after this rally some time in the next two years.
So if the Dow follows the S&P (usually does) we're looking at 4000=Dow.
Seems to me there's a strong possibility of this being concomitant with a Dow/Gold ratio of 1.
Hence, reasonable scenario for $4000/toz Gold.
[see GF's charts on Gold/Dow]