fitkid

Well that 'NOSTRADAMUS' prediction did'nt take long to transpire walked past that retailer today and they have covered the windows with "CLOSING DOWN SALE ALL STOCK MUST GO BY 8th JANUARY 2011" Not really dificult to see,just bleedin obvious.At least they are giving more than 24 hours notice. I hope he gets the twitch sorted and takes his brains and calculator to the next auction.

Yep even ETF dealers are warning to take physical possession. From:

Your dead WRONG bubb always makes money just look at his diary he cant lose no matter what happens. he makes so much i started to wonder whether he had got his own printing press six figures six figures double bagger six bagger ten bagger

A high golden horse definetly no wooden wheels in sight. Is this the favourite retreat for some GEI'rs.

Get of your high horse pixel8r its got wooden wheels. :lol:

Carry on whith the show what more do you expect. From:

Well we do agree on some things. I see that sort of timescale approx 18 months behind the US and can see severe corrections all the elements are falling into place for a disaster.

GET OFF YOUR "HORSE WITH WOODEN WHEELS" SIR PIXEL8R.

Market makers PUMPING and DUMPING. At least today was a true reflection of the AWFUL FUNDAMENTALS. Stock markets going down. Au going up.

The sad circumstances for first time buyer brits.THEY CANT.!!!!! http://www.bbc.co.uk/newsbeat/11846403 vid from the beeb More young couples are being forced to move in with flatmates because they can't afford their own place, property websites have told Newsbeat. The number searching the internet for a shared, double room in a large house has soared since the start of the year. Matt and Esther from Solihull near Birmingham explain why they are choosing to live with other people after they get married.

IT GOES ON JUDAH THE RACE (TO THE BOTTOM) IT GOES ON. THIS DECLINE IS REMINISCENT OF THE ALL TIME RECORD WINNING OSCAR CLASSIC. AND WE ALL KNOW THE ENDING ALREADY. From: http://www.bbc.co.uk/news/business-11862428 Mortgage approvals fall to six month low The number of new mortgages being approved for house buyers has fallen for the sixth month in a row, Bank of England figures show. There were 47,185 mortgage approvals in October, down slightly from September's level and 17% lower than in October 2009. The data suggests that house sales will be stuck in a rut in the coming months. Separately, the property website Hometrack said the average home was now taking nearly 10 weeks to sell. This, it said, was the longest sale time for 17 months. "The seasonal slowdown in the housing market has kicked in a month early, with demand for housing falling at the fastest rate for 23 months," said Richard Donnell, director of research at Hometrack. "Concerns over the economic outlook on the back of recent spending cuts, together with widespread expectations that house prices are set for a period of retrenchment, are driving the continued weakness in demand."

THE MASSES. Yes the bbc need to correct their page. But i dont believe the prices were higher at all there has been no transaction volume or any real market for the last 2 years except in the auction room.Where prices have been discounted heavily.ZIRP, LIES, DAMN LIES AND STATISTICS from a country wholly dependant on its property market for survival is the REAL SAD TRUTH. An example a local commercial property came to market approx 12 months ago a former ethel austin retail outlet.It was marketed by the agent for £450,000.00.It recently ie last 3 weeks went to auction for a guide price of £250,000.00 -£275,000.00 and realised a sale at £300,000.00 at auction.The property has recently been tennanted by a local discount retailer on a rolling month contract with a 24 hour severance with a yield of £18,000.00 per annum.Someone clearly lost their brains or had a funny twitch in the auction room and forgot to pack their calculator. I can easily see the tennant vacating and the yield being zero after xmas.The purchaser probably (very mistaken in my opinion) thought he was getting a bargain as the price was discounted from £450k to their bid of £300k but it is only worth £150k in a REALISTIC market. NOW THAT FOR ME STIIL SHOWS PROPERTY FEVER IS STILL GRIPPING BRAINLESS BRITS.

The data reflects the fundamentals.The outlook is very gloomy. http://www.bbc.co.uk/news/business-11846182 House prices: Continued decline, says Land Registry House prices continued to slide in October in England and Wales, according to the latest statistics from the Land Registry. Prices fell by 0.8% compared with the previous month, leaving the average property valued at £165,505, it said. Only London and the East of England registered property price rises compared with September. The biggest fall was in Yorkshire and the Humber, where a 1.8% drop pushed down the average price to £126,292. This was the second month in a row that month-on-month prices had dipped into negative territory on average across England and Wales, the Land Registry's figures show. Prices remained 3.4% lower than a year earlier, but this figure has now shrunk for five consecutive months.

THATS IT THE GOOD DR AT HIS VERY BEST.AWSEOME DATA. now who would want to be a 'LEVERAGED' BTL landlord in a potential repeat of this.

Excellent GF Th gold oz to house price ratio chart is my favourite i think it has a real meaning and truly shows the Au value against another tangible assett eventhough it is depreciating fast.

I like it good dr. Remember they are STILL a building society OWNED by its customers not a bank. Have a read of this TOSH i dont think they meet any of the criteria http://www.nationwide.co.uk/about_nationwi...ing/default.htm Being a responsible lender - our commitment As a building society, we don't have any shareholders, we're owned by you. That means we have a responsibility to you, our customers, to be open and honest, to provide great value, to treat you fairly, and to be safe and secure. These principles affect every thing we do. The way we lend money is no exception. That's why we are committed to being a responsible lender. This statement tells you about our approach, whether you want a mortgage, personal loan, credit card or an overdraft. It also outlines what we ask of you in return. If you have any queries, please don't hesitate to ask. This is what you can expect from us ■products and lending criteria designed to meet your needs ■competitively priced products which we promote in a balanced way showing the risks as well as the benefits ■clear information on the cost of your borrowing, any fees and charges and our terms and conditions ■an assessment of your ability to make regular payments and repay the loan, using appropriate credit assessment techniques, before providing credit ■where the credit limit is solely at our discretion (e.g. Credit Cards and Overdrafts), we will take into account your current and previous financial activity. ■reasonable notice of interest rate and payment changes affecting you ■a limit on your borrowing that we believe will ensure you don't overstretch your finances and which will allow for some increase in expenditure ■under strict controls we may share credit data with other lenders both to improve the quality of our decisions and to reduce the risk of you becoming over-committed ■your personal information treated confidentially and in accordance with Data Protection legislation ■prompt and professional handling of any queries or complaints you may have ■considerate treatment of payment issues and arrears. We ask that you ■provide accurate and complete information on your application ■regularly assess your borrowing and, if you are having difficulties in managing your monthly payments, contact us so we can discuss any help/assistance available ■understand the terms and conditions on which the money is borrowed, seeking further information and help if needed ■decide for yourself how much you wish to borrow, up to the maximum we will lend based on your circumstances. ■ensure you have the means to repay the loan at the end of the agreed term if you have taken out an interest only mortgage.

Thats the only time i have a balance with them when i go abroad so as to access the wholesale forex rates.

I trust you are doing the SENSIBLE thing whith your improved cashflow from your rental yield thanks to ZIRP and paying down capital on your 'DEATHGRIP' and not looking at new caravans etc ALA a family as featured on this 3 part bbc documentary, How to Beat Tough Times: Money Watch http://www.bbc.co.uk/programmes/p008twft

You could say the NATIONWIDE has a slight vested interest in the propert markets direction. I whish they would increase their interest rates on there various accounts as they are paying 0 (zero) % interest on most of their accounts for the last 12 months now.

Rich the 11% drop is in transactions not prices.Hold onto your hat the prices will come down the writing is on the wall from so many factors it is inevitable and NATURAL LAW will always apply.

DOWN DOWN DOWN WE GO.!!!!!!! http://www.bbc.co.uk/news/business-11828912 UK property sales down by 11%, HMRC says Sales as well as prices are facing a new downturn UK property sales were down 11% in October from a year ago, according to HM Revenue & Customs, giving fresh evidence of the sector's downturn. Just 79,000 residential properties were sold in October, HMRC said. That was up 1,000 from September, but was 10,000 lower than in October last year. The year-on-year fall suggests sales as well as prices are now coming under pressure as a result of mortgage rationing and economic uncertainty. On Tuesday, the Nationwide building society, one of the UK's biggest lenders, suggested that house prices might continue falling in the coming year, after starting to slip in the past few months. The lender said a key factor causing the subdued state of the market was a lack of consumer confidence, together with economic uncertainty because of the government's public spending cutbacks

I see the housing game playing out like this. 1.the mortgage (death pledge/grip) market has been collapsed purely by design. 2.Most People are not even able to get a death grip even if they wanted one and i know for a FACT most stiil would if allowed or were facilatated even more so for the BTL brigade so people are forced to rent from the private sector BTL brigade as social housing has all but disappeared.40% of private sector housing tennancy is for social housing ie government liability. 3.The austerity cuts in housing benefits will be capped at £280 per week for two bed properties and £400 a week for four bed houses as IDS (Irritable bowel syndrome) so elequently stated this will "DRIVE THE RENTS DOWN" and "TELL THE LANDLORDS THE GAME IS OVER". 4.The time line for this to play out will be from the inception of the housing benefit cap due to come into effect from April next year. 5.THE WRITING IS CLEARLY ON THE WALL FOR EVEN THE MOST MYOPIC STOIC OPTIMISTIC BTL FRUITCAKE TO SEE. AS IT IS CLEARLY STATED AND PUBLIC POLICY NOW SO SURELY THE ASTUTE INVESTOR WILL MOVE QUICKLY TO THE EXIT BEFORE THE HERD SMELL THE FIRE AND THE HUGE RUSH STARTS.EVEN THOUGH IF YOU CANT SMELL IT KNOW YOU NEVER WILL. 6.Other considerations Potential for capital appreciation.INVISIBLE. Potential for unfreezing of death grip markets.Not in their master plan. Move to a pure communism based society.GURANTEED. Was Eric Arthur Blair aka George Orwell spot on.ABSOLUTELY (inside information ) Thats how i see it and remember i still retain a small property portfolio so ABSOLUTELY NO VESTED INTEREST FROM ME.Please note no shadowy conspiracy theories in the above just foresight and reading of the stated public information. So remember in the words of CGNAO "DONT PANIC ,PANIC FIRST."100% GURANTEED.

The illusions created by Edgar Mueller are "BREATHTAKING" but not even close to the "ILLUSSIONARY" world that has been created by the "ELITE" running the world that would stop your "HEART" literally. He spent five days, working 12 hours a day, to create the 250 square metre image of the crevasse, which, viewed from the correct angle, appears to be 3D. He then persuaded passers-by to complete the illusion by pretending the gaping hole was real. 'I wanted to play with positives and negatives to encourage people to think twice about everything they see,' he said. 'It was a very scary scene, but when people saw it they had great fun playing on it and pretending to fall into the earth. 'I like to think that later, when they returned home, they might reflect more on what a frightening scenario it was and say, "Wow, that was actually pretty scary." Mueller, who has previously painted a giant waterfall in Canada, said he was Inspired by the British 'Pavement Picasso' Julian Beever, whose dramatic but More gentle 3D street images have been featured in the Daily Mail. This guy is amazing no matter how you look at it! NOT A PATCH ON HELICOPTER BEN AND MARVELOUS MERVYN AND ALL THE OTHER CRONIES IN MY OPINION. NOW THAT IS WHAT I CALL A REAL ILLUSION.ABRA CADABRA "MONEY MONEY MONEY MONEY".WOW NOW THAT IS REALY IMPRESSIVE AND MOST PEOPLE HAVE NOT GOT A CLUE!!!!

WHAT CHANCE HAVE THE SHEEPLE GOT WITH THE PROPOGANDA/LIE MACHINE MAKING HEADLINES LIKE THIS. http://www.bbc.co.uk/news/business-11796277 'Bidding war' for homes to rent People looking for houses to rent in many parts of the UK are encountering a new hurdle in their hunt for a home. Landlords, or more often their letting agents, are increasingly asking would-be tenants to compete by making "sealed bid" offers for the home they want. The practice is relatively commonplace in the market to buy homes, but is seen as a new development in the rental sector. --------------------------------------------------------------------------------------------------------------------------------------------- LAMBS TO THE SLAUGHTER!!!! THE BTL BRIGADE LOVE IT THIS WILL ENSURE A NICE WEEKEND FOR THEM TO "FALSELY" BELIEVE THAT THE GOOD TIMES ARE BACK AND GETTING EVEN BETTER.IS IT TIME FOR PRAYERS "GOD FORGIVE THEM FOR THEY NO NOT WHAT THEY DO". I thought this guy was the master of illusions but these people take illusion to a whole new level .In the words of G Edward Griffin "THESE PEOPLE ARE SCIENTISTS. Edgar Mueller Super Artist Hard to believe that these are drawn on a FLAT sidewalk surface

What checks have you procurred to ensure your 'SAFETY'.?