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harvipark

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  3. The Best of Youtube - Music

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    Little while since checked in here, some quality stuff. Little deviation here so hope a few like these, little before my time, but watched a documentary the other night about the bad ass drug crazed rocker's.

     

    Just watched a rerun of that documentary tonight on BBC4 i think. I agree fantastic band...me and a few pals saw them in 1982 and believe me they were every bit as good as reported in the documentary........one of those gigs you never forget!

     

    They dont make 'em like that anymore!...........<sigh>

     

    From:

     

    From:

     

     

  6. UK House prices: News & Views

    in NEWS Commentary, 2021 & Beyond

    Posted

    I agree except that I also expect a "BTL tsunami" period at some point where the BTL crowd all try to get out at the same time. This may be brief but would see a dramatic plunge in prices.

     

    Yes I can see that happening. Some will try to get out as they see prices falling, but the other scenario is that there will come a point near the bottom of the market where buying once again becomes a viable option over renting. The overlevereged landlords will try to keep rents high to cover their mortgages, but if its then cheaper to buy, rental demand will dry up.

     

    Keeping with the topic of this thread, i lived through and just about survived the last HPC. I learned a lesson on the dangers of taking on too much debt but i was young and naive at the time like many of todays youngsters who will get burned this time around

     

    That HPC was a walk in the park compared to what we are about to see!

     

  7. UK House prices: News & Views

    in NEWS Commentary, 2021 & Beyond

    Posted

    Link to their main site

     

    http://www.fathom-consulting.com/research/.../latest-update/

     

    Looks a bit grim, and I quote

     

    I havent read all the arguments on this thread, but i am in the Bubb camp on this one. I think this is "it"..the final capitulation where the masses finally realise that the property boom is well and truely over!

     

    I expect to see high single/low double digit falls over the next 2 years years before a gradual levelling out and bottoming around year 2000 levels (maybe lower if we see large interest rate rises) I would really like to trade up but will have to see how things look in the property market when we get close to the bottom.

  9. UK House prices: News & Views

    in NEWS Commentary, 2021 & Beyond

    Posted

    Stalled auctions herald 2011 house price falls

     

    The prices of properties sold at auction slumped in December heralding falls for the wider market, according to a financial forecaster.

     

    An index, due to be published later today, will show the discount between homes under the hammer and the wider market was 26% last month, widening sharply from 20% in November.

    The Zoopla Auction Price Index is compiled with economic forecaster Fathom Consulting, and aims to forewarn of wider market moves by tracking activity at auctions.

     

    Its accuracy in doing so has yet to be proved but it has made some correct calls in recent years, most notably plunging to 40% several months before the wider market hit rock bottom in March 2009.

     

     

    http://www.thisismoney.co.uk/mortgages-and..._id=57&ct=5

  10. UK House prices: News & Views

    in NEWS Commentary, 2021 & Beyond

    Posted

    However, Martin Ellis, Halifax's housing economist, said falling prices may deter sellers from putting their homes on the market, helping to "reverse the imbalance between buyers and sellers".

    (The reverse may be true. At some point, falls lead to panic, with more people wanting to sell, and "save themselves.)

     

    I tend to switch off when i read Martin Ellis' comments! :rolleyes:

     

    I was house hunting in 1994 and the biggest problem at that time was negative equity. I put realistic offers in on two properties and the vendors rejected them as they had a minimum selling price.

     

    I was a little early in that HPC so the vendors actually did me a favour as the house prices dropped even further over the next few years

  12. The Best of Youtube - Music

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

     

    Takes me back to my very first proper car that I had......a Chrysler Alpine with a massive sound system in it! The ICE was worth more than the car!

     

    I had a Psychedelic Furs EP cassette that i played & played until it just about wore itself out!

     

    Was gonna post this a while back but the sound quality of the tracks on offer was very poor.

     

    Spot the singer that isnt sure if hes Bowie or Lydon....

     

    From:

     

  16. The Best of Youtube - Music

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    I can't find the lyrics for "Newest H.C Song 1#", but I did find them for "I Pushed Your Wife In Front Of The Subway". Feel free to sing along! :)

     

    I WAS IN A BAD MOOD, BECAUSE MY CRACK HOUSE GOT BUSTED

    I SAW YOU, AND YOUR DUMB LOOKING WIFE WAITING FOR THE TRAIN

    I COULD TELL IT WAS TRUE LOVE

    SO AS THE TRAIN PULLED IN, I PUSHED HER INTO IT

     

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

     

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    IT WAS ON THE ORANGE LIME, BUT THE TRACKS WHERE RED

    I PUSHED THAT CUNT IN FRONT OF THE SUBWAY

    YOU HAD TO TELL YOUR DAUGHTER, THAT HER MUMMY WAS DEAD

     

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

     

    IT WAS SO CROWDED NO ONE SAW WHO DID IT

    THEN I SAW YOU CRYING LIKE A FUCKING PUSSY

    GOOD THING SHE NEVER GOT THE CHANCE

    TO TELL YOU SHE WAS PREGNANT AGAIN

     

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

    I PUSHED YOUR WIFE IN FRONT OF THE SUBWAY

     

    Beautiful....... :huh:

  18. SILVER

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    He is always asking this question (what would have to happen so you change your mind), and I actually think it is a very good question. People on here always lament about "gold bugs" having no exit strategy etc. I think JP has one. I have one too. Prechter should have one too. In fact, he should have exited his strategy a long time ago.

     

    I am open minded enough to consider both sides to the inflation/deflation debate and I enjoy Prechters views, but when i listen to him, the logic for deflation just does not stack up to my reasoning.

     

    Hes a very articulate speaker without a doubt, but i get the feeling that he could mould any financial scenario into his deflationary view. For me, I just dont feel i can take his opinions seriously.

     

    I have the utmost respect for someone who can hold their hands up and say they are wrong, and i agree Prechter should have done this some time ago

  19. SILVER

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    I wonder if he is starting to doubt himself after the CRB has set new highs. He mentioned in the Puplava interview earlier in the year that it would be one of the things that told him he was wrong.

     

    I listened to that interview again over xmas and i think that JP played a blinder there. Its almost as if he boxed Prechter into a corner by asking specific questions such as those....and Prechter shouldnt really have committed by giving such a definitive answer.

     

     

     

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