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House Price Crash Forum

whojamaflip

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Everything posted by whojamaflip

  1. PONZI JOURNALISM... no seriously, wft are the bbc/google (ok so google are not journalists..) doing. even the FT is full of nothing but unsubstantiated opinions... how about some journalists calculating how many cars need to be sold, kilos of beef exported, jet engines made .. or how many people earning 150k will get exported. all I see is hand waving. someone please tell me where the 16billon of government assets for sale will come from, and more to the point who will buy them? now thats an easy piece of journalism? isn't it? or counting words in a speech... is that the boundary of their ability?
  2. if you are under 40 years old go for high risk funds. emerging markets europe and asia ex japan are ones to go for. do not buy any fixed income funds. or any UK funds (lol). these ones I picked out as examples. SE UBS Global Emerging Markets Equity SE BGI Pacific Rim Equity Index SE First State Asia Pacific Leaders SE Fidelity South East Asia I hold 30kgpb in Fidelity Pacific Equity if that makes my argument stronger. it has gone up 8% this year (gbp). I have held it for several years (yes last year was a bit of a nightmare)
  3. ...gong on 58!! ffs what a minger.dog walking and pet sitting - if the glove fits
  4. the other metal you forgot is tungsten (as in welding rods). i'm sure you'll find more tunsten weldon rods on ebay than krugers. so could only be worth 30quid or so.
  5. if it were underground it would be the perfect place to house the grandkids
  6. BOE are planning to introduce a £500 note.
  7. that idiot cant even stand up straight in a suit without looking like a [email protected] i doubt he can even spell gold, let alone know where its kept or how must is(n't) left.
  8. fiscal expansion, trillion billions rodney. a packet of rolos will soon cost 5billion grommets or groats or bits of paper. do you know how many bricks are in a house? take the bricks and sell them on ebay... ebay will drag us all from recession
  9. 1.25 sounds like a low ratio to me. i.e. want to buy 4.0bio, got just 3.5 (whatever). what would be more interesting is what the rest of the 75bio is getting spent on... PFI bonds and other such rubbish..no doubt in anycase, 9 yr bonds (duration heading toward that) impies the BOE are not planning to 'tear up the pound notes' that the government repays (or doesnt) in the near future.. if the BOE were so confident of a return to growth, velocity of money etc, they should know they need to be well equipped to take money out of the system pretty quick (effectivly just torching the pound notes the government repay for the principle ). 30year bonds are just stupid. we can expect at least 4 more recessions before those things mature.
  10. I've mentioned this before, and i'm more than happy enough to do it again UK has several heathcare systems. there is the NHS (which as someone pointed out, consumes 4% of the workforce), then there is the private system which is heavily intermingled with the NHS (paying for a private consultation will get you the same NHS consultant, but this week not in 3 months). then there is the charitable sector, hospices, childrens wards and such like. For many jobs, compulsary private healthcare is a 'perk' (and yes its taxable), and any cash you put down for pills and private treatments is paid AFTER TAX. So anyone who thinks the 10% NI is all it costs has never used the services of the NHS (or tried too). Switzerland (I live here now), private insurance is mandatory, this is not linked(but some policies are) to a specific doctor, so you are free to visit who you like, and I certainly haven't heard of any 'charitable' type hospital wards here, the insurance picks up the tab.. and of course you get seen straight away etc etc ... switzerland IMO has the best healthcare in the world. for a family of 4 you'd pay around 1000francs/month (700quid?) the UK equivalent salary would be 35k (which i would guess is a typical family net income) - remember you pay 10% NI, but so does your employer.. salaries are obviously higher since there is no employer NI. Oh and taxes much lower "f**k knows what poorer families do" - they live a damn sight better lives than in the UK!!!
  11. +1 this is exactly on the money. higher inflation implies the BOE will very shorty (think 6-12months) need to start raising interest rates, the carry trade gets put back on and the pound strengthens against the lower interest rates currencies. this is 'good' for the pound (stronger), but bad for the british economy (FTSE), so pound up ftse down... higher interest rates also imply ftse must have higher yields so is another reason for the fall. HOWEVER brooon may choose to intervene and print more money, a generally mess things up which would cause the pound to tumble.. all very delicate... i wouldn't like to bet either way.
  12. get some kilo bars in you hand. thats real money.
  13. palladium is closely linked to car production. personally i think other metals like indium would be better, (i have worked with indium before) it has more bearing on the new green economy, not sure you buy the kilo bars from thou.
  14. http://www.rightmove.co.uk/property-for-sa...y-14800441.html here is said house in hull, 3 beds. when i see it for 110k i might start saving a deposit...
  15. i'm fairly sure (read it somewhere) that one of the indexes uses a 3 bed house in hull as the 'average' for the index. i'm sure someone can find a link for you.... .. i think its halifax, or land registry
  16. anybody got a picture of GB sat on the chair next to obama, with GB crossing his legs, sticking his backside out to oneside & doing his little pout..? -- no reason other than I'd like to .. ah forget it, you guys are too harsh.
  17. my only dealings with NHS doctors involved me paying them (100-150gbp/hr)
  18. switzerland has 10times the gold reserves as UK, and a tenth of the population. yes they are probably printing them, but only to exchange them for freshly printed euros..... think about that for a few minutes.... totally effed up world.
  19. they bought 3 billion euros at around 2pm today. not sure about USD, almost certain they didnt touch GBP. seems like they see CHFEUR at 1.50 as a defendable level. they've bailed out the banks, they dont want to be doing the same to their exporters...
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