Eiji

Still one of my favorite charts ! I reckon we're well below the 200 oz level in terms of Sterling priced gold. Heading in the right direction with today's house price news and gold's recent run up.

Yes, with nominal house prices dropping and house prices dropping against the value of gold, I'm sure the target area will be reached much quicker

Nice indeed 1 kilos on ebay are going at an avg of about £565 as are some of the dealers. ASEs at £19+ krugs at £900+ everytime i need cheering up I just log onto ebay and look at current prices...never fails

You take the eBay prices as a forward indicator for spot prices?

G0ldfinger, what year is the prediction made for that houses will cost just above 50 ounces of gold?

banks and builders gone crazy...crash canceled......must make you very angry if you have lost your job recently watching the news lately

Yeah, BDEV has been going up, up and away in the past few days.

The Daily Express are known to be property rampers and their headline is derived from Rightmove's Asking Price data and it isn't sellers who determine a house price but market forces and banks.

All it shows is that sellers are still in denial and are taking this "green shoots" business too seriously. I don't expect a dead cat bounce, if anything, it'll be a dead cat ledge.

This one is from May 2007:

Can you say "duck, duck, goose"