Jake

I think you have that the wrong way around.

Good read. And you might like this. http://kingworldnews..._Explosion.html And also, (in Yen) It is one of the only currencies that has not yet seen gold overcome its highs of 1980. But not for much longer? http://gold.tanaka.co.jp/commodity/souba/english/index.php Price information(As of at 16:00 on 01/11/2013) GOLD PLATINUM SILVER Our retail selling price(tax included) 5,067 yen 4,999 yen 95.76 yen (Change from previous price) +109 yen +166 yen +2.52 yen Our retail buying price(tax included) 4,984 yen 4,874 yen 91.77 yen (Change from previous price) +109 yen +166 yen +2.52 yen Prices for gold and platinum above are per gram of a one-kilo bar. Prices for silver are per gram of a 30 kg-bar. Coin names Size Our retail selling price, tax included Our retail buying price, tax included (with a premium) Our retail buying price, tax included (without a premium) Vienna Philharmonic Gold Maple Leaf 1 OZ 1/2 OZ 1/4 OZ 1/10 OZ 170,609 yen 86,929 yen 44,972 yen 18,415 yen 156,287 yen 79,632 yen 39,933 yen 16,182 yen 148,865 yen 74,432 yen 36,640 yen 14,579 yen Nice to see gold punch through the 5000 yen/gram. With Yen weakening hereon, I wonder when gold will double in Yen?

I know. Houses and land there sooooooooo cheap. Wish it was the UK. WTF went wrong there?????

Oops! It looks like the listing "714 northeast dr davidson nc 28036" is no longer available! See what else is available or ask your friends and neighbors. Read more: http://realestate.oodle.com/charlotte-nc/#ixzz2H1dPm0g2 Looks like you missed it.

SF-push up further north? Oregon? Then east, inland? I have no idea of what its like up there. What about Vancouver? Very popular with the Pacific Rim Asians, British and...Ian Gordon. I think Vancouver is your place, Dr. B. Hang the taxes

I think that neat formula will not last, either. But while it does, they are welcome to it. Maybe a crashing, rioting London will have them scurrying away again with losses. Some parts of the US will, I am sure, offer things the UK cannot. Warm weather, a bit of heating oil, plenty of gas, nice wines, plenty of land. But it will always be a long way from Europe for Europeans. Will not America simply be seen to be too dangerous?? Too many religious nutcases, too much racial hatred, too many hicks? I know...there are very good people too, and other countries have their share of troubles, but the US is in another league...at least it seems so from the outside.

London may not look quite cheap (except in foreign currency it has become cheaper) but London is a whole load of things that other cities are not. It is the English capital of the world retaining all the cultural and historical nuances that make the world love it. Tradition, Pomp, Radicalism, Radio 4. It is in Europe, connected to Paris in 3 hours. Foreigners will feel more comfortable in London having studied and learned our language, compared to the few who can speak German or Spanish or Italian. Everyone learns English. It is the common denominator. Everyone has been there and enjoyed it. Australia is too far away from the rest of the world, too many snakes or spiders, cancerous sunshine. America too dangerous, too many guns and idiots. Canada too cold, too full of nothing. Singapore too hot and sweaty, Hong Kong too Chinese for comfort etcetc..London is beautiful, the music/arts scene are strong, ones kids can pick up the lingo quickly, even the food is getting better. It is still a prettygood financial centre as centers go. Fancy taking the fmily to Shanghai? Er..no ta. If I am super rich what do I care if house prices aren't 'cheap'. These things are irrelevant to the rich. Especially to wives of the rich. They want to be free-or at least have more freedom than they have anyplace else. I know London isnt perfect but its a damn sight better than Moscow or Lagos, Luala Lumpur or Athens, Delhi or Tokyo.

I said, though it wasn't clear, ''Japan has had'' not ''has''. This was 2 years ago and savings were just under 20% of income. The Japanese had a hardcore savings mentality. Nowadays the svaings rate has plummeted. The British had a spending mentality. Why bother 'save' when house price inflation did the job for you? Now the British are trying to pay down their debts like crazy. '3 years' any data?...no I'm afraid I haven't. Just my gut feeling. You might like to have a look at real prices rather than nominal. Shrelnyx has some great charts. http://www.sharelynx.com/chartstemp/UKHousePrices01.php Click on an area an see the damage to UK house prices, including areas within London, in gold. I think gold could still be a very good place to wait for house prices to fall further, rather than nominal GBP.

I don't think the UK has the luxury, or cushion, Japan has had with all her savings. So I don't see the UK being able to " pull the same tricks for decades". How long can QE continue to make a difference? What happens when QE comes to a halt? This is when I expect London house prices to unwind, and with it the UK as a whole. When? Probably within 3 years. It's a timebomb.

And a Happy New Year to you, too! I think we may get there (target area) sooner than later. Maybe time to start posting the silver chart/UK house prices, too. Any update on the silver gold ratio? Thanks for posting. And is there a chart for inflation adjusted gold in Yen on approx? I cant find one.

'many'?? 'Annunaki' it sounds like a good name for a Junior company in South America or Afrika. Would be an interesting interview with the (alien) CEO with Dominic.

So.. Japan is .377,923.14 km2 (145,916.94 sq mi), of which 14% is useable/growable/livable-ie so very little. 17% of that was lost in the quake and the tsunami. I am not sure if this includes contaminated land from the Fukushima fallout. The affected coastline was 500 odd miles long and in some places the waters travelled 10km onshore, with max heights of 39m. That's not a typo. Geophysical effects The quake moved portions of northeastern Japan by as much as 2.4 m (7.9 ft) closer to North America,[18][19] making portions of Japan's landmass wider than before.[19] Portions of Japan closest to the epicenter experienced the largest shifts.[19] A 400 km (250 mi) stretch of coastline dropped vertically by 0.6 m (2.0 ft), allowing the tsunami to travel farther and faster onto land.[19] One early estimate suggested that the Pacific plate may have moved westward by up to 20 m (66 ft),[63] and another early estimate put the amount of slippage at as much as 40 m (130 ft).[64] On 6 April the Japanese coast guard said that the quake shifted the seabed near the epicenter 24 meters (79 ft) and elevated the seabed off the coast of Miyagi prefecture by 3 meters.[65] A report by the Japan Agency for Marine-Earth Science and Technology, published in Science on 2 December 2011, concluded that the seabed in the area between the epicenter and the Japan Trench moved 50 meters east-southeast and rose about 7 meters as a result of the quake. The report also stated that the quake had caused several major landslides on the seabed in the affected area.[66] Soil liquefaction in Koto, Tokyo The earthquake shifted the Earth's axis by estimates of between 10 cm (4 in) and 25 cm (10 in).[18][19][20] This deviation led to a number of small planetary changes, including the length of a day, the tilt of the Earth, and the Chandler wobble.[20] The speed of the Earth's rotation increased, shortening the day by 1.8 microseconds due to the redistribution of Earth's mass.[67] The axial shift was caused by the redistribution of mass on the Earth's surface, which changed the planet's moment of inertia. Because of conservation of angular momentum, such changes of inertia result in small changes to the Earth's rate of rotation.[68] These are expected changes[20] for an earthquake of this magnitude.[18][67] Soil liquefaction was evident in areas of reclaimed land around Tokyo, particularly in Urayasu,[69][70] Chiba City, Funabashi, Narashino (all in Chiba Prefecture) and in the Koto, Edogawa, Minato, Chūō, and Ōta Wards of Tokyo.

3.11, quake and Tsunami. Land subsidence Land subsidence and soil liquefaction near Shin-Urayasu Station elevator shaft Geospatial Information Authority of Japan reported land subsidence on the height of triangulation station measured by GPS from previous value on 14 April 2011.[160] Miyako, Iwate – 0.50 m (1.64 ft) Yamada, Iwate – 0.53 m (1.73 ft) Ōtsuchi, Iwate – 0.35 m (1.14 ft)[161] Kamaishi, Iwate – 0.66 m (2.16 ft) Ōfunato, Iwate – 0.73 m (2.39 ft) Rikuzentakata, Iwate – 0.84 m (2.75 ft) Kesennuma, Miyagi – 0.74 m (2.42 ft) Minamisanriku, Miyagi – 0.69 m (2.26 ft) Oshika Peninsula, Miyagi – 1.2 m (3.93 ft)[161] Ishinomaki, Miyagi – 0.78 m (2.55 ft) Higashimatsushima, Miyagi – 0.43 m (1.41 ft) Iwanuma, Miyagi – 0.47 m (1.54 ft) Sōma, Fukushima – 0.29 m (0.95 ft) Scientists say that the subsidence is permanent. As a result, the communities in question are now more susceptible to flooding during high tides Geography of Japan From Wikipedia, the free encyclopedia Jump to: navigation, search Geography of Japan Region East Asia Coordinates 36°N 138°E Area Ranked 62nd 377,923.14 km2 (145,916.94 sq mi) 99.18% land 0.82% water . There are also 2,456 islands,[2] including Okinawa, and islets, some inhabited and others uninhabited. In total, as of 2006, Japan's territory is 377,923.1 km2 (145,916.9 sq mi), of which 374,834 km2 (144,724 sq mi) is land and 3,091 km2 (1,193 sq mi) water. This makes Japan's total area slightly smaller than the U.S. state of Montana, and slightly larger than Finland. Location: Eastern Asia, island chain between the North Pacific Ocean and the Sea of Japan, east of the Korean Peninsula. Map references: Asia Area: total: 377,835 km² land: 374,744 km² water: 3,091 km² . Climate: varies from tropical in south to cool temperate in north Terrain: mostly rugged and mountainous Natural resources: small deposits of coal, oil, iron and minerals. Major fishing industry. Land use: arable land: 11% permanent crops: 1% permanent pastures: 2% forests and woodland: 68%[3] other: 18% (1993 est.) Irrigated land: 27,820 km² (1993 est.) 73% of Japan is mountains

You may find this astounding (I do) but 17% of useable land (ie not mountains of which Japan is 72%) WAS swallowed/reclaimed BY the sea. Much of that 17% SUNK and wont be coming back. The expected nankai quake could be far more devastating.

Yo ho ho! What a load of todge. The Japanese have been living in cubby holes (living cofins), too. It doesn't make sense with reality, like so much design stuff. They try to ignore (or love to forget) that people are human, not robots and have kids (well, used to), pets, collate stuff and get tired of living a life like in the back of a camper van. Surely HK show flats are better than this the way they are priced. Have you ever stayed in a capsule hotel? (rather like a morgue-except you wake up in the morning (hopefully)-). Who's the idiot in the hat with nowhere to hang it?

*the 'penny hasnt dropped' yet for the average person. And i doubt it ever will. Joe Soap gets to say...*

Humorous article here; http://goldnews.bull...-rock-091120126 ''. The Bank of England's Mervyn King stared into the abyss and declared himself very afraid, Hank Paulson held Congress to ransom – a trillion dollars right now or all your cash machines go offline. Wow, this is Bruce Willis territory. But okay, now you have my attention. Bloomberg suddenly got interesting, it was like watching a soap. My wife told everyone I was going insane. I started shouting at the TV, at Barney Frank, Chris Dodd, that weird Californian woman eyeing up Hank's bazooka. Congress folded before the flop, and before you could say ABC we had TARP, TALF, ALF, everybody was dividing CDOs by SPVs and driving an SUV. The dust settled and Bear Stearns was no more, Lehman was handed to JPM. Northern Rock, RBS and half of Lloyds were toast. Game over. Problem solved. Right?''... ... I found out about ETFs, coins, bullion banks, gold leasing and GOFO rates, Roosevelt's confiscation, Kennedy's exec order, Nixon's gold window, the London Gold Pool, the Washington Agreement, unallocated accounts (their assets, your liability – Jeez, these banksters are something else). I read about allocated gold, privately held outside of the banking system. I made a decision. There's a full-on crisis that is not going away, what's the best way to protect myself? I may not be George Soros, but I'm not an idiot. Hell, the Germans had got gold, the Spanish had done it, the Romans did it, the Egyptians did it, the Assyrians did it, the Chinese, Russians and Indians are still doing it – can't argue with that kind of history. The only wild card in 5,000 years of gold hoarding was Gordon Brown – but as we know, Gordon is a moron. So I bought gold and five years later, a 300% increase. Barbarous relic, pays no interest. But it's a better return than any deposit, CD or money-market account.''

HPC must hate this beautiful chart!

Well, thanks to you and a few good links in 2003/4, I was also buying. Are these "well informed elites", so more well informed than the western CB's?

Me, too. One has to wonder at the logic back around the early noughties and the "Brown's bottom", when the western central banks were making concerted efforts to sell gold. Now none of them are buyers (as far as i know). Were they selling tungsten filled gold also as a concerted effort? How could they have made such a woeful error? Maybe when the western banks buy again, that will precede the top of the market (extension of the same logic). Who was buying, I wonder, when the big central banks were selling?

Or 143oz in gold, or 7,352oz of silver. I wonder how this will change going forward?

2016 or 2020,GF? When is your best guess?

Will be ready next time! Cheers gf

It depends what you mean. Nominal or gold(real) prices. I recently paid 50k of 2004 gold prices for a gbp C200k house. Maybe it 'just ain't happening' in nominal pounds just yet. But I think it will. As do I think I 'overpaid' in gold. But sometimes you have to do what you have to do. I had little choice.

A very fair point.