frizzers

Goldfinger, It would be interesting to see a shorter-term gold- and silver-to-house price ratio , perhaps a 10 year chart?

Stop reading HPC, Dr.

Without having watched the interview, I can say that the fact that they have got Mr T is not a sign of the top but of the fact that they really don't get gold and have read FA about it.

Thanks Fortune. This tallies with some of my thoughts on the gold to silver ratio. If that spikes to 52 I think we could be looking at a year of 'consolidation'.

Surfdude, have you got a link to where he made those comments ?

Thanks - even KEFI is up! Can anyone tell me why $30 is such a big number for silver. Circa $25 I get, but people talk about $30 being a big number for silver, but historically I can't see why it is. I can see the upper trend line at that level too, and the fact that $30 is a big round number. Here are some levels to think about: Also an update on gold-silver ratio chart I posted in Moneyweek at point of break-out. Looks rather portentious now:

Brilliant

Dr Solar, I am looking for sub 100 gold ounces for UK house. I based that comment purely on previous places where that chart has found support, ignoring fundamentals altogether. I like to do this sometimes to filter out the noise.

It's amazing the speed at which this has come down. It fell as quickly in the70s , then went parabolic , or whatever the opposite of parabolic is, in 1980. I guess/hope we still have that to come. But there is support here at 200. We could easily make a low here, as per 1990s When does NW data come out? It must be fairly soon.

GF, looking forward to an update on the housing v gold charts soon ...

Don't know source, but mine, Nick Laird (sharelynx), is about as reliable as it gets. Other sources confirm, just below $25 was the level. (Might be the difference between spot and future though) Eg http://www.futuresbuzz.com/silverlt.html London silver was fixed price $ 25 in September 1980, According to The Silver Institute, an American industrial group

Big, big level for silver coming up:

Well, house prices are the cheapest they've been for 20 odd year!

Exterminate

UK mortgage lending slides to 10-year low UK mortgage lending fell to a 10-year low of £11.4bn in August, further reinforcing fears that the recovery in the housing market is fading. http://www.telegraph.co.uk/finance/economi...0-year-low.html Earlier on Monday, property website Rightmove said property asking prices fell for the third month in a row during September as estate agents continued to have record levels of unsold stock on their books. The average cost of a home put up for sale in England and Wales during the five weeks to September 11 dipped by 1.1pc to £229,767, Rightmove said. New sellers have now dropped their asking prices by 3.4pc, or more than £8,000, during the past three months, wiping out half of the gains made during the first half of the year.

The lottery that is exploring for gold. 8 Minutes. From: http://www.youtube.com/watch?v=http://www.youtube.com/watch?v=P6_RGMDlNA4

I'll believe it when I really see it. This is nothing more than a couple of ticks down, which has happened many times before. 2005 and, to a greater extent, 2008. The UK housing market has a habit of surprising people and , in my lifetime, the surprises have always been to the upside. My observations of my locale is that there is a bit more property for sale than usual. But stuff is still selling - particularly family homes, which, in the event of a crash, are likely to hold up better for and for longer. Rents are still extravagant. There are no repossessions or anything approaching the wash-out of 89-94. I know they come further down the road. But for now this is just a tick down. So no premature congratulation

Hi Wanderer, I bought this in Feb 2009 or somewhere round then at, if I remember 40c, and it moved up to around 50 or so where I sold. Since then they raised money at too low a price, diluted the stock and have now basically run out of money, I think. I stopped following them. I know they had to let their IR person go. I think they're out of cash and don't want to raise at too low a price, but the chart looks awful. I wouldn't buy more that's for sure.

More sh*it for Monday's fan ... http://www.nypost.com/p/news/business/feds...qOJpB55M7Rh9vwM

From:

Thank you. Appreciated. This has been bugging me for months.

How TF do you embed a youtube vid?

From: http://www.youtube.com/watch?v=http://www.youtube.com/watch?v=DudyRXea8tA