Crazy how prices differ from one end of the country to another:
https://uk.finance.yahoo.com/news/scotland-s-last-castle-yours-for-less-than-the-price-of-a-london-flat-101027778.html
Summer 2014 will be the peak.
People who are projecting a new multi-year bull cycle simply forget that we're starting from a base that is higher than the last peak. There's nowhere to go but down.
Borrowing rates have started to rise from their record low levels:
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/10623812/Rates-start-to-rise-on-fixed-five-year-mortgages.html
Just doing some searching, it seems the average rate for a mortgage has probably risen 0.3-0.5% from base levels 1 year ago. You can't get sub-2% 2yr or sub-3% 3yr fixed deals any more.
I'm pretty sure that if you put any two fairly well uncorrelated assets into a portfolio you'll get a lower Sharpe ratio.. that's the point of diversification
ex-MPC member labels Help To Buy as "Dysfunctional"
http://www.bbc.co.uk/news/business-26679739
He's just saying what everyone already knows but can't admit.
Silver's been a bit of a dog in the last few weeks, hasn't it? While Gold has made a multi-month high today, Silver is still lagging badly. Pull your socks up, lad!
Went through with very little resistance or fanfare. Bodes very well..
This is a pretty big deal.. we haven't closed above the 144dma for over 2 years!
Still lagging very badly..
I know there's no reason why silver should always outperform gold, but if Gold is going to lead going forward, this is a marked shift in behaviour to what we have seen since 2001.
Classic contrarian signs of a bottom.
Gold producers are chucking in the towel.
Why many of Ghana's gold miners are giving up
http://www.bbc.co.uk/news/business-25417492
Inflation is currently "stored" in currencies, bonds and equities markets. At some point when these bubbles pop it will leak out and find its way into commodities and general consumer prices, and at that point the SHTF.