wee Jinky

I dont agree does it really matter if its your mortgage repayments or everything else that is increasing in cost ?at the end of the day people will have less and less money in their pockets to service their debts ,those who are living on the edge will get pushed over and those looking to enter the market will have less to buy with Obviously a rise in rates will be more direct but inflation will have its effect

you cannot squeeze blood out of a stone London is only attractive for its employment potential (imo) It gets to a point when you are actually worse off living there than everywhere else renting or buying Not everyone can be an investment banker without nurses binmen postmen etc etc it will cease to function

as long as it looks good for us who cares lol! the buy silver crash JP Morgue campaign is gathering pace and when I tell people that silver will be extinct in 10 years time if current industrial useage continues you can actually see the little wheels in their head begin to turn

in 10 years time it will be 0.5 got in at 80 thank you GEI

From: and a link to explain what its all about http://www.goodchildfoundation.com/ RIP Reamonn

JP Morgan announced today that from now on they will accept physical gold bullion as collateral. They will not accept ETF trust gold as collateral. http://campaign.r20.constantcontact.com/re...k0DDATlX7E_4%3D

just by looking at that graph and previous boom and busts I reckon an avg price around £90k is not unfeasible I would also say circumstances are much worse than any time in the past so the actual figure could be even less if someone bought in 72 and sold in 86 they would have made no profit whatsoever if you bought in 86 and sold in 96 you would have made no profit whatsoever if you bought in 96 I reckon by 2016 you will break even again this bubble has had twice as long to go up than previous bubbles so twice as long to deflate may seem reasonable

http://www.demographia.com/dhi.pdf data of house price affordability UK US Canada Aus NZ and HK Bournmouth and Dorset at 8.8x local income

Coininvestdirect have just come back online after some IT problems for most european countries after a delay of 3 weeks vat on coins is 7 % across europe except the UK where it is 20% They have now ADDED a 10% handling fee for all countries except Germany and the UK fortunately I can order for German delivery but most people are now getting shafted by them or (in UK) their Govt

http://www.ros.gov.uk/public/news/latest_house_prices.html good report for Scottish stats as alluded to earlier regional variations are big Current Previous Change in 28 Day Report Average Price.. Sales Volume.. Average Price... Sales Volume..avg price month.........avg sales vol month Scotland........ £160,190....... ..5,488 ................£158,454............ 6,265............. 1.1%................ .......-12.4% Western Isles.. £82,402........... 22................. £114,773................. 22....... -28.2%............................. 0.0% thats a 28% drop in 1 month in sold prices from the month before on exactly the same volume The Western Isles was one of the last places to be affected by the bubble so in the last up first down world it looks to me like we are on our way holiday homes make up a good percentage of property there as well which may be an indicator to affordability elsewhere prices elsewhere in Scotland are all over the place with some still rising but on lower volumes which may indicate top of the range propertys selling and skewing the average upwards Scotland never experienced the last crash in the 90s thankfully Thatcher made us all unemployed and we failed the credit test Will be interesting to see how it reacts I expect the denial phase to be oversubscribed

Inflation is as damaging as interest rate rises whether they steal it from your mortgage rate or straight from your pocket with higher living costs the end result is you have less money to pay for the basics Stealing from everyone to help subsidise mortgage payers in an attempt to keep the bubble inflated just edges out the FTB even more http://www.telegraph.co.uk/finance/newsbys...st-lending.html I interpret that as "if we trap more young people in debt can we steal some more money " and the Govt saying "go right ahead"

coininvest have apparently got IT problems when it comes to selling silver coin to certain countries I've had to order via Germany through a friend the UK is fine but I just checked and the UK is the only country that charges 20% vat against 6% for everyone else thats £2.63 extra for every 1oz Phili !! the tax on swapping currency for money is more than 3x everyone else in the eec !!!

From: http://www.youtube.com/watch?v=X0wl9QYHgNY&feature=player_embedded just as good with the volume down

From: these are the local kids where I live and work doing there thing made me laugh

just need the € now thats still about €50 to go

I think the banks have been relining their pockets by QE and stealing savers money for long enough to survive the 1st wave down those in neg equity and repoed will be chased for years by the banks as they were in past slumps Banks will resort to stealing of the customer for survival I'm sure they have all been stress tested for 20% falls and would survive the banks need this as much as anyone to start the whole cycle off again in the future

There are gold bulls. And then there is Errol luv your optimism btw I'm a bit of a heffer compared to you

Oh I think the scene has been set the restrictions on banks ,new guidelines for lending no more 100/125% loans proof of income now a necessity housing benefit cuts ,unemployment due for a big rise vat up to 20% ,fuel gas and food costs rising child benefit cuts , disability allowance claimants purged I think the majority live pretty much on the limit as it is the biggest factor is sentiment and that is plummeting as even the media are now preparing the people mentally to expect and accept lower values The Tories need the bust so they can point the finger and they need it sooner rather than later so they can start a recovery or stabilisation of sorts before the next election the cash rich will pile in but rate rises will insure that those needing to buy by mortgage will be no better off in monthly payments this way the banks and the wealthy win and the poor pay for it as it ever was as an aside ,I am noticing around 75% of auction property is going unsold - prices will drop - there is no alternative

http://www.housepricecrash.co.uk/forum/ind...howtopic=135233 I would say we might see gold go back to its marginal cost of production, which is about $800 per ounce," nearly 30% below current levels. fill your boots boys

Poor RB ,he's actually a pretty good poster over on HPC but his Gold predictions couldnt be worse if he tried not a peep at the moment tho $1093 at the moment , If it drops below $1050 I think I'll ask him for some advice

thanks for that ,I wasnt aware of the cgt issue have just been on coininvest to check prices and am appalled that every single country charges 7% vat except the UK which charges 17.5% for a 1oz Philarmonic the difference is £14.04 as against £15.42 Fortunately I dont live in the UK , but for those who do its just another ripoff for anyone buying 100 coins its £138 extra

Is the cheapest way to invest in silver not by buying 90% silver bags? I am under the impression that they are vat free as opposed to coins and bars

no rocket pics PLEASE!!!!!!!

$1080

just hit $1075 like you say interesting