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BlackPepper

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  1. how rude! to suck foreign investors to buy poor property investments to prop up values? How sad you are to encourage foreign funds to support your failing real estate market to prop up values. What scum you are! What morals do you have? UK is a shithole full of bastards I hope Europe drags you scumbags into reality!
  2. Pfft' the last horrah of the last easy credit orgy. Cannot imagine anyone with half of brain scrambling for some toxIc UK crap real estate?
  3. Speculation......how much are you prepared to lose? Bets on capital gains hahahah
  4. nothing compared to NSW south coast with white sands and clear water with waves you can surf and fish http://www.fishingmonthly.com.au/Articles/Display/8552-Estuaries-thaw-out http://www.barramundifishingblog.com/ you can have clean air http://www.google.com.au/search?q=byron+bay&hl=en&prmd=imvns&source=lnms&tbm=isch&ei=6uG4T-WJMaydiAekoKDyCA&sa=X&oi=mode_link&ct=mode&cd=2&ved=0CHUQ_AUoAQ&biw=1600&bih=7
  5. Perhaps an exit strategy.......... Worries about Europe are pushing people to the dollar,” Frank McGhee, the head dealer at Integrated Brokerage Services in Chicago, said in a telephone interview. “Gold will continue to grind down.” Advertisement: Story continues below Gold futures for June delivery declined 1.5 per cent to settle at $US1561 an ounce on the Comex in New York. Earlier, prices touched $US1555, the lowest since Dec. 30. The metal ended 2011 up 10 per cent at $US1566.80. Prices may slump to $US1,520 within the next few trading sessions, McGhee said. Bullion for immediate delivery dropped as much as 1.4 per cent to $US1556.52. It ended 2011 at $US1563.70 Read more: http://www.smh.com.au/business/markets/gold-erases-years-gains-20120515-1ynlk.html#ixzz1ut5RBgRA
  6. I think there is nothing that will prop up the property/asset market in the UK much longer, beyond the Olympic games. A delayed delusion perhaps, but we are pricing falls of above 20 percent after August 2012 and who knows. Something else to consider IT is sourced cheaper within Asia with performance results that exceeds. Above that holding costs that effects nett returns make the UK look very unattractive, and currency without merit and tax systems that reward slackers. To add which is more important, service industry is to costly, and performance poor. Technology no longer limits location.
  7. "Capital is going to where it's safe, and it hasn't been safe in gold," Frank Lesh, a trader at FuturePath Trading in Chicago, said in a telephone interview. "Currency markets tend to rule in commodities, and right now the (US) dollar is king." Gold futures for June delivery slid 0.6 per cent to settle at $US1594.20 an ounce on the Comex in New York. Earlier, the metal touched $US1578.50, the lowest since Jan. 3. Gold is trending downwards, and I do not think this time QE3 will have the same impact as previous. Speculative investing appears to be on the nose. I say this because the investors I deal with want guaranteed returns in lower risk assets. Read more: http://www.smh.com.au/business/markets/gold-drops-to-fourmonth-low-20120510-1ydsr.html#ixzz1uPmGwuOc
  8. Gold’s weakness was exacerbated by “another one of those tsunamis of selling,” says John Howlett, division vice president with Mitsubishi International. “Supposedly upwards of 14,000 lots of gold were sold in the 5 minutes from 8:20 to 8:25 the above is a comment from zerohedge. Interesting the volume being suddenly sold off.
  9. Yes certainly, and gold did perform very well indeed, but perhaps that "time frame" of speculative capital gains has left the building as per buy and hold. After all hoarding prevents opportunity for others.
  10. Yes just the doldrums of a downward trend...Gold futures for June delivery fell 2.1 per cent to settle at $US1604.50 on the Comex, the biggest decline for a most-active contract since April 4. Earlier, the price touched $US1595.50, the lowest since Jan. 4. I can see why investors are now looking at income producing assets. This buy and hold business does not look very attractive.
  11. No idea either, but gold fell another 1% for what its worth. http://www.smh.com.au/business/markets/gold-posts-biggest-oneday-drop-in-a-month-20120504-1y2im.html
  12. Yes perhaps, but gold's last leap over the rainbow from 2008 was from stimulus QE1/QE2 and the speculated QE3 that did not happen and not to mention ever increasing inflation to hyper-inflation so far has not happened. So perhaps the corrective phase is downward. All speculation
  13. Perhaps, the latest speculation/s is that the FED may boost stimulus.
  14. But the current price decline is not reflecting the above.
  15. That is the golden question will interest rates rise? I believe eventually interest rates will have no choice but to rise. When you say a "genuine recovery" do you mean reinstating the credit party? Economic recoveries can come in many forms perhaps more so through direct investing rather that speculative investing. For example http://www.zerohedge.com/news/birth-barter-how-one-greek-town-dropped-euro-and-moved there is a video how a small town in Greece has moved on beyond the Euro.
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