Concrete Jungle

IMF confirms plans to sell 403 tonnes of gold. IMF confirms plan to sell 403 tonnes gold Any of the more learnered posters care to comment on the significance of this proposed gold sale? Will this be the start of a further sell of of UK gold by Gordon Brown?

Gold discussion over on HPC Gold Bashers On Hpc., Why so negative here on HPC? Not moved instantly from the main forum by the mods, is this a bullish signal for pm?

So I can sleep easy knowing I have far more than 0.15 oz physical!

I think other financial advisors threatened to "report him" to the FSA for his postings and position as HPC spokesman. There was a long thread on HPC a while back but I didn't bother reading past the first few posts on it.

One factor that I have not seen discussed in relation to UK house prices is as follows. Come 2010 after a general election, I expect whoever is in power to increase taxation to meet the repayment of government borrowing. Will an increase in direct and indirect taxation on those still in employment have any meaningful result on sentiment and result in people feeling they have less net pay and less disposable income? Therefore prolonging the time period and percentage falls from peak slightly?

There was an article in one of the construction publications last year that rubbished the claims of building an extra 50,000 affordable homes. I think it was Peter Rogers who was squirming like a worm on the hook if memory serves me right. I will dig it out later on today and check.

You can forget UK houseprices in ounces of gold. I am beginning to think about UK houseprices in ounces of silver.

I think the latest Nationwide figures are released tomorrow.

Another HPCer converts to the dark side. Good luck with the travelling and blog.

Expectation of 25% drops hits the mainstream BBC 25% off is only half of the story in my opinion. Slowly the "experts" who are quoted chapter and verse in the media are facing reality.

It is not 10 minutes since the SNP crowed from the rooftops for extra funding and the return of free and easy lending North of the borer. Because Scotland was immune to falling house prices

BBC Business The falls officially reach 10.9% by August. A significant break into double digit figures, for consumption by the masses on the news later on no doubt. Yet still I am seeing sellers desperately cling onto valuations made in 2007!! When will reality sink in for these people?

Well such a well thought out argument has reassured me BBC

The pathetic attempts to put a positive spin on the figures sums up this joke of a government perfectly. I wonder what the bovine excrement being fed to the masses in 12 months will be?

It has gone eerily quiet on the government house price saving masterplan. I wonder what the fools may be scheming over next?

Why is there a constant stream of people demanding the government "do something"? Just what are the government supposed to do?