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Everything posted by Saberu
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Evening Argus - Foreign 'investment' Leaves Woman Bankrupt
Saberu replied to skomer's topic in House prices and the economy
Inside Track are confidence tricksters on a large scale and should be brought to justice, but it will never happen. -
Is The Global Commodity Bubble About To Burst?
Saberu replied to Realistbear's topic in House prices and the economy
Burberry and gold were both considered very upmarket until chavs started wearing them. And note gold is only chavvy if your wearing it in excessive amounts ie gold chain etc. -
It's the spring bounce don'cha know. Infact funnily enough despite being the biggest bear on the forum except cgnao ofcourse I am still expecting a spring bounce Because the ground in sentiment hasn't changed and despite a few bad things in the news about banks people soon forget and carry on buying. This crash is having to be driven by a credit crunch because sentiment is still so damn good on the UK property market outside this knowlegable forum community. So even though the credit crunch is impacting people, I'm expecting many to stretch themselves simply because it's Spring
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Kent Plane Crash : Bbc Obsessed With Housing
Saberu replied to Sledgehead's topic in House prices and the economy
I think you're over reacting a tad, been on the wine? -
Exactly, I said this a long time ago on HPC and people didn't agree with me. Some even had the cheek to say rents were currently low historically No doubt they meant low in relation to hugely overpriced property but the rents are still a lot higher than they should be BECAUSE land and property is so expensive. If you forget land prices and value property based on the cost of building it you'll realise how stupid land prices are. Hell even builders greatly overcharge because they can get away with it, you'd have to be a skilled builder yourself and make your own house to get a realistic price. Imagine how much money we'd all save if we all did this and didn't have overpriced land. Who was it that said property is theft? Seems like a very apt statement in regards to land controls. The facts are that land in this country is greatly socialised with silly controls on planning permission and most of it owned by aristocracy, another huge lot of land and property owned by developers and large scale landlords so even the small amount of property or land available is snapped up by these groups of people leaving the working class in the cold. Income inequality has been increasing at the same rate as property prices have in the UK, and it's no co-incidence. Inequality is bad enough without property booms.
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If that is true then buying would be a lot worse than it already is due to the risk of hyperinflation or at least very high inflation.
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Was I Right To Str 6 Months Ago?
Saberu replied to TheCountOfNowhere's topic in House prices and the economy
Out of one falling asset and into another Still a lot safer than a house though, that would be a double effect fall (prices + real value as per currency falling!). -
Zooming Commodities Could Crash And Burn Quickly
Saberu replied to The Masked Tulip's topic in House prices and the economy
That article can be summed up in one word, disinformation. -
Things have got worse, now our bins are only collected once a fortnight in some counties He means that it's parents who should discipline their children, not schools. And I agree with him but sadly these days most parents don't do it and schools are way too namby pamby (I think purposefully so) because of various rules and regulations of what you can and can't do. As a result outside of schools many children are becoming the scum of the earth (re: chavs) and inside most schools there is no real anti-bullying policy other than fake pretend ones that don't really do anything. Just think about the millions of failed promises we've had from Labour regarding education, Blair has also mentioned anti-bullying policies on more than a few occassions yet I've never seen any real anti-bullying schemes. The problem is it's like trying to patch a gaping wound with a bandaid, on the one hand many children simply aren't encouraged to learn by their parents causing them to view school as a chore and on the other hand children have very little respect for eachother or adults so bullying runs rampant. In both cases the best solution would have been proper parenting which would have instilled respect for others and a desire to learn and better themselves, yet at the moment we have neither a bandaid or a cure.
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Living In A Yurt
Saberu replied to ImA20SomethingGetMeOutOfHere's topic in House prices and the economy
Does a lot to highlight the stupidity of property prices when people have to seriously consider trying to build alternative style homes, but trust me the council won't let you get away with it. There's a reason why the planning laws are so strict, it's to keep the land/ housing bubble going. Emmigration is the only option to escape slavedom. -
This Place Really Has To Be Some Sort Of Sick Joke?
Saberu replied to bomberbrown's topic in House prices and the economy
Seriously WTF, the toilet is RIGHT NEXT TO the kitchen- theres all kind of health hazards there. I think needing 2 doors between the kitchen and toilet is BS though, as long as the toilet is sufficient distance from the kitchen in which case it clearly isn't! I don't mean BS in terms of isn't factually/legally correct but in terms of common sense as we all know the law often doesn't confirm to common sense. Am I also right in assuming there is no cooker, just a microwave? lol Oh there's a hot plate, still i'd want an oven.. -
Are You Sure The Gold Really Exists?
Saberu replied to Realistbear's topic in Gold and other precious metals
Good post, you touch on something I have sometimes thought about in relation to macro-economics. If everyone at once called in their fiat currency in exchange for something of real value what would happen? In thinking about the answer to that question I can only conclude that whilst it may be possible that certain methods of gold investment e.g. shares and non-physical (this is not what the goldbugs use I can assure you) may be questionable- but to say they are questionable would put even more doubt on the entire system. Hence the reality is that if there truly was a problem the first people to be hit will be the shareholders, then the fiat holders, then the paper gold holders and last but least physical gold. So as you can see for physical gold to become risky the world needs to get SO desacrated that people will only trade things of immediate usable value like food, cigerretes, alcohol etc. I don't expect my post to impact your crazy-man thought pattern that the dollar is somehow safer than gold. But at least some of the lurkers will see how easily I debunked your rather silly assertion on gold. -
Cake Company Fails In Noise Case
Saberu replied to Nicholas Cage's topic in House prices and the economy
I think thats just the icing on the cake! Those residents are being really jammy by calling for this case. -
Cake Company Fails In Noise Case
Saberu replied to Nicholas Cage's topic in House prices and the economy
IT is an interesting one. It seems that IT contractors (which I believe laurejon claims to be) salaries have stayed strong while most IT related jobs salaries have fallen quite a lot in real terms and the trend is set to get worse. I'm into IT as I study it at university but luckily I also have very good entrepreneurial skills so I probably won't need a job, and I also have the foresight to not want to get into the IT jobs market in the first place due to noticing the above salary issues. Lourejon could still make a lot more money abroad though. The reasons for all of this are the outsourcing of IT to India, contracting the jobs supply thus forcing down wages. -
Cake Company Fails In Noise Case
Saberu replied to Nicholas Cage's topic in House prices and the economy
This ones a piece of cake. The apartments shouldn't have been there in the first place or should have had adequate sound insulation -
I think you touch on a good point here, because the dollar is losing value (inflation) I think we should be comparing gold to the Chinese Remnibi rather than the dollar otherwise a hyperinflation of the dollar will just turn our gold into paper profits compared to a currency which still has intrinsic value and is actually very undervalued right now If we keep using dollars as a measuring tool we might aswell measure it in pennies for all it's worth.
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An improved alternative is on it's way, hosted by the goldbugs as one poster so succinctly suggested Will update my sig as soon as it's ready, I'll even have a graph comparing the price of gold in ounces to average house prices then a statement underneath saying "You currently need x ounces of gold to buy the average house in the UK" The graph will be updated hourly and i'll make it like the usagold graph (if you've seen it) so you can choose different time frame options.
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Gold - Will House Prices Drop To The Potential
Saberu replied to Impartial's topic in Gold and other precious metals
Excellent idea, I'm going to make a script on the homepage of my new gold forum which is a giant graph measuring gold against average house prices. edit: I can make the graph auto update every hour =) -
HPC.co.uk has been bribed by some powerful people
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It seems the gold thread won't even be pinned in general now. Goldfinger if your still reading can you add me on msn or send me an please, my address is still AT live.co.uk. I have an interesting proposal for you and it's probably a lot different than you think.
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Wheres your rebellious spirit? The obvious solution is to host the gold thread on a seperate website then get everyone to link to it in their sig with a special tag next to it saying Active within x days x minutes so people know how long since it was last posted in. It's not an ideal solution but it might scare the mods enough to accept our demands Hopefully I won't be banned for suggesting that
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Yep I have a comment. Get one of the HPC IT guys to manually link to the gold thread instead of having a dummy thread. I doubt it's too much work considering the millions of pounds in revenue per year this community is generating for the owner edit: Could have the real pin in the main discussion forum and the manual link in the metals one as the main discussion forum link is more accessible. I'd also like to add that having it pinned is far from ideal as it's a little more difficult to know when the thread is active for the average lazy HPC member like me
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Not sure about the total loss of confidence, Germany lived through hyperinflation and confidence came back. You can always rely on 2 things, 1) government excuses and 2) people have the memory of an elephant. Also your forgetting the China factor, I strongly believe China knows exactly whats coming and has special plans in place to revert to a domestic economy while pulling of the dollar. Not my hypothesis but that of some very wise posters on the forums who I happen to agree with Best we can do is make as much money as possible out of gold and then with our new found wealth, this amazing community and the next confidence shock to the public we can educate them about the truth behind the iron curtain.
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I'm moving to China in May or June! I'm going to save my moving away thread till then though as I might get a better response than some of the rabble in here haha. I think it's great that your moving there, their economy will dwarf everything else including India in a decades time. Which city are you going to? I'm considering Shenzhen, Fozhou, Shanghai, Hangzhou and Dongguan. This makes us China buddies Your Chinese is probably a lot better than mine as I only started learning recently but let me take this oppurtunity to say 你好我的英国人朋友, 欢迎来到中国啊