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InternationalRockSuperstar

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Everything posted by InternationalRockSuperstar

  1. Does anyone know if I move to Canada, can I take my gold with me or is there some draconian law limiting the amount I can take and/or some tax on doing this?
  2. Exactly. I'm trying to be serious (for once) and someone comes out with all this crap about lizards. :angry:
  3. Unfortunately for you it's not publicly traded (!) so I guess you just have to inherate it. Or you could try and marry into one of the controlling families , but since the stock holders aren't named, you wouldn't know who to marry
  4. Wake up and smell the sh*t that is all around you. THE BANK OF ENGLAND IS A PRIVATELY OWNED BANK RUN PURELY FOR THE PRIVATE PROFIT OF ITS PRIVATE SHAREHOLDERS. It is well known that the 1694 act gave a private bank (the Bank of England) the legal right to counterfeit a national currency (the pound). The bank had to sell stocks to get started just like any other private company. What is less well known is that when in 1946 the Labour Gov't told the people the bank was being nationalised - it wasn't being nationalised at all. IT REMAINS TO THIS VERY DAY, A PRIVATELY OWNED BANK RUN PURELY FOR THE PRIVATE PROFIT OF ITS PRIVATE SHAREHOLDERS. Don't believe me? Take a look at the 1946 act for yourselves at the BoE website: 1946 act BoE Article 1a. says that the Bank Stock is to be tranfered from its current owners (who are not named) to the Treasury. Article 1B. says that in return, the former owner of the Bank Stock are to be granted "Government Stock" by the Treasury So basically, the Bank Stockholders have been given Government Stock in return for their Bank Stock. So what if the difference between Bank Stock and Government Stock? THERE ISN'T ONE!!! Don't believe me? take a good look at Article 8: I'm not going to post the entire act on this forum, but I strongly recommend everyone has a read at it. Lots of other interesting stuff in that act. And this is not some crazy half-baked comspiracy that I've just made up. This is on the BoE website ffs, right in front of your eyes!! Whoever owns that stock is the most powerfull m*ther f*cker in the country. The Act doesn't name the stockholders so I can't tell for sure that it is the Rothschilds.............but then you can't say for sure that it isn't
  5. I've got a still got a student loan of 20k. I could pay it all off today if I wanted to but there's no point. The Student Loan Company only charges 4.x% interest, whereas I can get 6.x% in a risk free Cash ISA with NS&I. Free money as far as I'm concerned. A 2% spread on £20k nets me about £400 a year for doing f*ck all! (tax free too!). Back of the net.
  6. I don't think Merv would want a cut..... but if they manage to get rid of him then who knows how low rates can go.
  7. Agreed. It requires that gov't spending takes up even more of GDP - something congress is unlikely to see a problem with!
  8. 1. First of all, I wouldn't invest in UK Plc. The high debt, the high taxes, the under skilled and under motivated work force, rediculous legislation etc should pretty much strangle any growth for the foreseeable future (mainly the high debt though). I'd stay clear of UK stocks, property and corporate bonds. I would also say don't invest in sterling, but I wouldn't invest in any (fiat) currency anyway, unless you're expecting a 1930s style deflationary depression. 2. Everyone on this thread has an opnion on whether we the coming recession (or depression) is going to be inflationary or deflationary, but the truth is that NONE OF US KNOW for sure (unless one of you guys is a BoE stockholder!). Why make an investment based on something you don't know? So let's look at what we do know.... Most people on this forum are quite bearish and I think most of the members would agree that the UK is about to experience a recession (or possibly depression). The maximum amount of spending by any given consumer is their income plus any credit/loans they can get their hands on (I'm assuming they have no savings which is a pretty good assumption for a typical Brit). Wages in REAL terms per capita after tax have been falling for a few years now. On top of that, mortgage rates are on the up and credit standards show signs of being tightened. The end result is that Brits will have less money to spend in real terms - especially if the possibilty of mass redundancy is thrown into the mix. With less money to spend in real terms, it would seem to me to be inevitable that luxury goods will fall in value relative to essential goods. You can profit from this by placing a short position on 'luxury' investments while simultaneously placing a equal and opposite long position on 'essential' investments. For example you might consider Burberry shares to be more sensitive to discretionary spending than say, the price of sugar (or some other agricultural commodity). So you might place a £10,000 short position on Burberry shares while also purchasing £10,000 of some sugar ETF. This way, you make money as long as burberry falls relative to sugar - the value of the pound doesn't matter. As always, do your own research to find investments which are sensitive to discretionary spending - I just mentioned Burberry off the top of my head - I haven't actually looked into it properly. UK house builders are probably worth shorting. 3. If you have a wishlist of non-essential purchases floating around in your head, then it would be best to hold off from actually making these purchases for the next few months as they are likely to fall in value significantly by then. In 6 months time when repossions etc are at an even higher than they are now, people will be unloading what they can on ebay. That is the time to pick up a cheap Gibson Les Paul, a Concept 2 rowing machine, or any other pointless sh*t you want to clutter up your house! 4. Similarly, sell any expensive, non-essential items you have sharpish. You should be able to buy similar items back at a later date at a reduced value. If you can live without them for a few months it'll be well worth it. 5. Don't use a dodgey broker who is likely to go bust and take all your investments down the drain with them. 6. Precious Metals are probably worth a punt. Credit Suisse issued a report yesterday talking about the 'dwindling' supplies of gold ore. Might reach peak gold some day.... Plus there's no tax when you buy gold, no tax for holding it, and no tax when you sell it (unless your stupid enough to declare it). It's also an international currency because if the UK economy goes down the sh*itter, you can always flog it to the Germans, the Indians, whoever wants it really. That's all I can think of for now - probably loads of stuff I missed out. Anyone else got any other ideas? I'd love to know what solution other people have come up with.
  9. My local music shop seems very quiet of late. Even this morning (Saturday) I was the only customer in there when I went to get a guitar strap. The shop has a completely seperate section of floor space just for Yamaha digital pianos. There were 3 sales assistants in there just plonking away at the keyboards 'cos there was no-one to assist! It's usually quite busy. Looks like it's not long before some of the staff have to go....
  10. The bottom line is correct, except that the wholE lot needs multiplying by two so it's all whole numbers (gets rid of that one-and-a-half O2): 4H2O + 2CO2 --> 2CH3OH + 3O2 similarly, ethanol would be 3H2O + 2CO2 --> C2H5OH + 302 the problem with making alcohol fuels in this way is where the hell do you get the carbon dioxide from? It makes up well under 1% of the atmoshpere. You can make it by burning something, but that defeats the purpose of making alcohol fuels in the first place. This is why at the moment alcohol fuels are generally made from plant sugars - but I'm not convinced that this make sense from an energy conserbation point of view either.
  11. Well exactly. The general population don't have a clue how inflation actually is. I bet not even 1% of the population even knows what M4 is. The Gov't and BoE will get away with it so long as the people remain this ignorant. I try to do my bit by explaining the situation to friends, family, work collegues etc and passing around that Money As Debt video.
  12. There are two graphs on this youtube video that might be worth looking at (one at 1m25s and one at 1m48s) I wouldn't bother watching the rest of this video though - this guy seems to think that th UN calling for a ban on private land ownership is a good thing! (ie government owns the lot!).
  13. Cheers for the welcome! Well you're right in that the M4 growth since this time last year (red line) is 'only' 12.1%. Now if we look at the figures on a month by month basis (blue line) then they fluctuate all over the place, which is why I wouldn't normally make a big deal out of them, BUT I'll make a big deal out of them on this occasion because the idea that we're experiencing a credit crunch seems to be incompatible with these figures. Even in July when a couple of hedge funds went bust, M4 growth remained positive. I keep getting some stupid error message everytime I try to load the graph image so not sure if this is gonna work...
  14. Sterling Broad Monetary Inflation (M4) is running at nearly 20% at an annual rate. Today the Bank of England just released its M4 statistics for Sep 07 which can be found on the BoE's website. Here's the link: http://213.225.136.206/mfsd/iadb/fromshowc...&FromSeries =1&ToSeries=50&DAT=RNG&FD=1&FM=Jan&FY=1963&TD=19&TM=Oct&TY=2007&VFD=N& VPD=Y&html.x=29&html.y=16&CSVF=TT&C=GM Note that M4 growth for September was 1.5% at a MONTHLY rate. So if we raise 1.015 to the power 12 to get the annual rate we get 1.1956. In other words M4 inflation at 19.6% at an annual rate. That's a pretty clear sign to me that we're heading for hyperinflation, but it'll be interesting to see what next months figures are. Remember - central banks have been given the God-like power to create legal tender and also set the price of credit at essentially arbitrary levels. The rate of inflation (or deflation) will be whatever the hell they want it to be. I do not believe you can predict their actions. The best you can do is look at the money supply growth and use it as a rough indicator for what price inflation is likely to be in the coming months.
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