ziknik

No idea how good it is but:

http://www.tucows.com/preview/322007

Thanks. I have had a play with it.

(It’s really bad )

Do you really think these actions are without precedent?

I don’t know TBH. I’m taking the articles at face value.

You didn’t answer my question

Are you sure you cannot see any UNPRECEDENTED activity?

Here’s a couple more

http://www.guardian.co.uk/society/2009/jul...ng-boom-england

"Housebuilding is unprecedentedly low," said Kerslake. "Over the last 20 years completions fluctuated, averaging around 120,000. But even at the peak of the buoyant market we didn't hit the target."

http://www.guardian.co.uk/money/2009/jul/0...ent-competition

Wes Streeting, the president of the National Union of Students, said: "As the first generation of students to pay top-up fees leaves university with unprecedented debt levels, we now have confirmation that a quarter of graduate vacancies have disappeared, in direct contrast to the overly optimistic and glib predictions that had previously been issued."

EDIT: Sorry. I have to add this one. You can’t say there’s a precedent for this

http://www.guardian.co.uk/business/2009/ju...osthumous-sales

Michael Jackson has proved to be bigger than Elvis, according to high street chain HMV, which has reported unprecedented demand for the singer's back catalogue.

...

Perhaps you can out line the Zignic flower power revolution as the alternate view?

...

The nuclear deterrent may do its job and deter anyone from starting a war that could lead to the destruction of the world.

...

Personally I dont think it is any different to the way it always was.

Are you sure you cannot see any UNPRECEDENTED activity?

LONDON (Reuters) - The Bank of England surprised markets on Thursday by keeping its quantitative easing programme unchanged at 125 billion pounds, boosting speculation that it may soon finish its unprecedented asset-buying scheme.

http://uk.reuters.com/article/idUKTRE5682J...me=businessNews

Gordon Brown and President Sarkozy made an unprecedented intervention in the global oil market yesterday, using a meeting of the Group of Eight leading economic nations to press for a crackdown on speculators stoking volatility in global crude prices.

http://business.timesonline.co.uk/tol/busi...icle6670238.ece

The German government is mulling the "unprecedented" step of lending directly to companies as credit dries up for both Mittlestand family firms and the industrial export giants.

http://www.telegraph.co.uk/finance/finance...ct-lending.html

The problem with this argument is that you have to decide the future is the collapse of all fiat currencies and governments, which more or less means war and chaotic world wide distruction.

 

Meanwhile you have the realities so far of world wide government coordination.

 

http://www.moscowtimes.ru/article/1016/42/379421.htm

You're such a pesimist . Why would fiat failiure lead to world wide distruction

This is a good Kondratiev resource. Have a look at this presentation on K-Waves**

Make sure your virus scanner is up to date. There was previously a virus on this site. I think the site gets attacked regularly. They’ve changed the URL a few times in the last year

http://www.longwavegroup.com/flash_pres.html

You can download some of the charts/slides here.

http://www.longwavegroup.com/downloads.html

money supply is still increasing

 

no deflation

 

other than in leveraged assets

Hyperinflation of fiat currencies = deflation relative to gold (?)

I am a believer in this cycle. If this is a human life time cycle then we are in winter for about 78/4 from the beginning of winter. Lets say winter was avoided in 1998 and that is our date anyway, Therefore we enter spring in 2017.

 

The problem i have with this cycle is i will be 61 at the end of winter. So i might have to just create my own spring and live in that time while i have it. Younger people are better able to enjoy the depression as an investment for later living.

You might make it through another 10 K-Years

http://news.bbc.co.uk/1/hi/uk/4003063.stm

Life expectancy is increasing in the developed world. But Cambridge University geneticist Aubrey de Grey believes it will soon extend dramatically to 1,000.

...

Would be good if you could show me how the k-winter figure was arrived at. I know diddly about elliot waves...

I can’t find the thread that first introduced me to k-waves but I have found this one: http://www.greenenergyinvestors.com/index....p;hl=Kondratief

This is in the OP of the thread I was looking for http://kondratyev.com/reference/theory_explained.htm

BTW, There are several ways to spell Kondratiev (Kondratief, Kondratieff, Kondratyev….)

Basically, each season lasts around one generation (15 to 20 years). Winter is said to have started around year 2000 so we should get to the end around 2015-2020

David Prosser is [alleged to be*] a t0$$£r

http://www.independent.co.uk/news/business...me-1740241.html

David TProsser: Why this 125% mortgage is welcomed by t0$$£r$

 

Outlook Good for Nationwide Building Society, both for having the nous to see that there is a part of the housing market that could benefit from being offered 125 per cent loan-to-value deals, and for having the nerve to market such products, which could see the mutual end up on the wrong end of some critical headlines.

…

Anyway, there is nothing intrinsically wrong with high loan-to-values. Even the infamous Together mortgage marketed by Northern Rock, which also offered a 125 per cent loan, was an attempt to tackle a genuine problem – in that case, the fact borrowers were having to pay so much to get on to the housing ladder they had nothing left over for legal costs, furniture and so on.

…

* By me

Great stuff CC. I need a Dominic Frisby PDF reader now. (Seriously, does anyone know of a good piece of free software than can read PDFs out loud?)

BTW, gold has many many industrial uses and there would be others too if gold wasn’t expensive.

I’ve posted this video in the past. It shows computers being recycled and some uses for the recovered gold.

From:

Is it still the case that no two countries with a McDonalds have gone to war with each other? Perhaps trade is a better peacekeeper than gold. Problem is, people will want to enforce their own terms on the trade.

Georgia - Russia and there will be others unfortunately.

Also... depending on how they are counted.....

Lebanon - Israel ?? Was this a war between the countries?

Yugoslavia - Yugoslavia (civil war)

...

So, what does it mean?

The leftmost green fib shows that the 70's peak fell to the 38.2% level with 3 years up and 4 years down.

The middle red fib shows that the 89 peak fell to the 23.6% level with 6 years up and 7 years down.

The rightmost blue fib is where I go a bit loony tunes and try and predict the future based on my observations of the past. So the next fib in the sequence would be 14.6%, and as we had 11 years up it will take 12 years down (again following the past up-down sequence/pattern). This is around the £91k mark for the average house in 2019.

 

Now, the reason I am perplexed is that one side of me does not believe that the powers-that-be would allow so much pain. They 'should' be able to debase our currency and inflate us out of this mess. Good for my gold and silver...

 

The other side of me worries that maybe 'they' can't do anything about this, due to other foreign banksters, and the best to hope for is a slow 12 year grind to the bottom. Not good for my general well being...

 

Please discuss, shoot down but don't ignore!

Thanks for posting. I don’t really know anything about TA so I really appreciate when others take the time to post stuff like this. Out of interest, why did you chose the real house price chart over the nominal one?

I’m expecting house prices to drop to around 2.5 - 3 times average salary at the very bottom of the market. I think you are in the right ballpark with 90k.

Inflation should cover up some of the mess.

Without inflation, the bottom could be down to around £60k.

I’m not sure about time scales. House prices may fall for another 20 years or more relative to average salary. Though I think we’ll get the nominal falls out of the way around the end of next year.

BTW, 2019 (ish) ties in nicely with the end of K-Winter.

http://uk.reuters.com/article/idUKL9682650...dRealEstateNews

FACTBOX-Precious metals holdings of exchange-traded funds

 

LONDON, July 9 (Reuters) - Inflows into precious metals-backed exchange-traded funds

slowed in the second quarter from record levels in the first three months of 2009, as signs

the financial markets were stabilising knocked demand for the metal as a haven from risk.

Holdings of the largest gold-backed ETF, the SPDR Gold Trust GLD declined slightly in

the second quarter after climbing 44 percent in the first, while inflows into the largest

European products, operated by ETF Securities in London and Zurich Cantonal Bank in

Switzerland, slowed significantly.

ETFs back each security issued with physical stocks of a given commodity, creating a

product they say is free from counterparty risk.

Following is a list of the main ETFs backed with precious metals in Europe and the United

States, and their holdings.

EDIT: click the link to see the holdings table. I can't paste it

I think she was just happy to be earning money as a presenter tbh.

If you haven't seen it, Skip forward to 13:00 to watch the investor looking at gold (He is also a long term property investor)

http://www.bbc.co.uk/iplayer/episode/b00ln...9_Supersave_Me/

I’ve come up with a brilliant idea for a TV show. It’s called ‘Celebrity House Price Crash’

The owner of JJB has his put his house up for sale. Burn baby

http://www.rightmove.co.uk/property-for-sa...ncludeSSTC%3Don

(I actually think he’s got a good chance of shifting it for around his asking price. I know people who live in the area and they have little sense and lots of money)

More like "property snakes and ladders"

 

[image]

Joking aside: They’ve renamed the TV show to ‘Property Snakes & Ladders’ this year

http://www.channel4.com/4homes/on-tv/property-ladder/

Did anyone watch "Supersave Me" on BBC2 last night ?

 

BBC promoting gold as an investment ??? Should we be worried ???

...

I saw it.

The show pretty much ramped everything. Stocks, property, cash, cars & gold.

I was disappointed in Merynn. I was expecting her to offer a view on the investments but she didn’t really say anything negative about anything.

I'm lost for words.

 

Just finished watching Newsnight. It seems the banking white paper is a toothless tiger and will basically change nothing.

 

There was also a feature on pensions and a discussion on the financial illiteracy of those in their teens and 20's. The pensions minister (or whoever she was) was going on about how we need to develop programmes to educate people on their financial options: she then gave the following example "for instance, people should understand that if they save in an ISA their money will be safe and will not be lost"!! WTF.

 

I dispair at these banking and political f&ckwits.

 

Am off to watch The Wire.

Newsnight made my blood boil tonight. That arrogant pensions' minister really annoyed me…..

and the blonde girl. She was a ‘Senior Pensions Researcher’. They asked her a load of patronising questions because she was young. FFS! she’s a pensions researcher (a senior one)…. Why the **** didn’t they ask her any thing about her research?

“Have you got a pension little girl? ”

gggrrrrr.

I was hoping she would reply with…

“I can’t save because I’m over taxed paying for your ******* benefits package and overpriced property pensions ”

You couldn't make this stuff up, could you?

 

http://www.guardian.co.uk/money/2009/jul/0...gage-nationwide

 

I sincerely hope Nationwide will go bankrupt asap with no bailout.

:angry: FFS! I Moved my current account from HBOS to NW to get away from this $h!t.

The offer is only being made to existing Nationwide mortgage customers who are in negative equity but want to move home and borrow more.

Why don't they buy a house costing LESS?

Those who fit the bill will be able to take out a fixed-rate deal, borrowing 95% of the new property's purchase price, plus all of the negative equity relating to their existing property.

...

Ray Boulger at mortgage broker John Charcol described the case of a family who sell a house for £180,000 with a £200,000 mortgage on it to move to a property costing £250,000. Under this deal, Nationwide would lend them 95% of £250,000, £237,500, plus £20,000 of negative equity, which adds up to £257,500.

Hang on a sec. In the above example; the person has £12.5k. They could have paid 63% of their NE by themselves! AND saved up to pay the remaining 27%

It's not about additional borrowing or additional risk

You really couldn't make it up

Gold is on its way to $870 now.

You should be asking what will happen if that breaks. $800, and even $700 are possible.

 

I think some folks here may be in serious denial about what is going on now !

GBP going down the pan saved us from the UDS PoG last year.

Do you think this year will be different?

£8 is broken. Currently £7.97

Link to live silver GBP chart (pick it from the instruments, other currencies also available) http://goldprice.org/live-gold-price.html

I've never been this patient before, 8 whole days with money burning a hole in my pocket...

 

Well we're at £8.0435/t oz, so sub £8 is looking quite likely, would anyone care to offer where the floor might be, perhaps about £7/t oz? Any thoughts?

I’ve got my last units of Sterling for the year loaded in to GM and I think I will spend it today. Price is currently £8.01 - which is quite a long way below my average buying price for this year.

I don’t think we will see £7… but I am only guessing. £8ish is a good price and I am happy to pay it.

Prices ticked down a bit according to the Halifax. -0.5% MoM

This should effect sentiment if it is not ignored by the media.

http://www.lloydsbankinggroup.com/media/wo...dexJune2009.doc

What if other governments followed India's lead?

 

Wouldn't expect anything less from Obama and Brown should they fail in suppressing the price by other means, would you? Could also impose punitive taxes on any profits achieved no doubt...

I suspect the EU would stop Gordon Brown from acting individually.

I hope the Germans will put a stop to any attempt.

feel i have to stick up for sarniasilver - as well as http://www.cisilver.com/ who are the same people. i've used them a few times (makes a change from the usual suppliers as they stock stuff others don't seem to have) for small orders with no problems whatsoever.

 

i've also used this chap in coventry a few times http://www.silverexchange.co.uk/sales.php with no problems.

 

stumbled across the mr-silver site myself a few days ago - seems very expensive. don't intend using them!

 

still - interesting enough that these bods are starting to enter the market.

 

competition is healthy, remember?

Wow, Them Maples are cheaper than CIDs price!

The following page has a nice little video (6 or 7 minutes) which summarizes in simple terms the essence of the Crisis of Credit (tech bust, subprime mortgages etc.). It doesn't really belong in this thread but anyway.

http://www.tavex.fi/index.php?main=239&newsID=201

Good video. Thanks

There’s a video at the link below with Blackrock Gold & General plus some more data from BullionVault

http://www.telegraph.co.uk/finance/persona...of-bullion.html

Gold investors add 43pc to holdings of bullion

…

BullionVault, which says it looks after more gold than many of the world’s central banks, reported 43pc growth in its clients’ physical holdings of the metal in the first half to more than 18 tonnes or $553m worth.

…

EDITED

Britannia silver I believe is part silver part copper. 95% Silver, 5% Copper. But the Britannia is made up so it contains 1 troy ounce of silver.

 

The green residue is characteristic of copper oxidation.

 

---

 

Eagles are nearly 100% pure silver hence no green residue.

BTW, I got them from Airdale Coins. Check your coins

I bought one of every coin a while back with 4 Britannia’s.

They all came in capsules with the exception of the Britannia’s and one Eagle