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About JohnLennon

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    HPC Poster
  1. Injin just a general question Why do you continue to post on here? Everyone thinks your theories are unrealistic and backed up by little more than wishful thinking and a unique perspective Even if you were right and gold is a pile of shite, if 99.9% of the world population tend to disagree it makes being right completely pointless I only ask because I can't fathom why you bother, you are eloquent and if I were you I would do something more constructive with my time
  2. Sadly we are not able to barter with bits of land, the best store of value IMHO Anyway Is that not overpriced? Maybe in a bubble? PS Gold is not in bubble, fiat currency is. . .
  3. The thing is once he gets in he will make damn sure we are even more unequal, encourage even more immigration, ensure even closer ties with the feckless EU and basically FCK us over even more and anyone who disagrees gets sent to the gulag Is that not the labour plan FFS! Divide and Rule I seem to recall it got leaked out when they were in power in 2009 but seeing as they pretty much ran the BBC then it got buried behind the Gog who can whistle story Whenever some fckwit says 'tory cuts' to me I spit 'LABOUR DEBT' back at them But of course most NEW labour voters hate the truth/ common sense An honourable Labour party died when John Smith passed on, theyve had nothing but W4NKERS ever since
  4. I seriously doubt any other political party could have made more of mess of things if they had tried They staggered from one feck up to another with about as much style and intelligence as Brian Harvey running over himself in his own Mercedes They were to government what Miranda Hart is to comedy
  5. I know what you are saying but please remember that Labour managed to destroy the British way of life probably for ever, they should be in the Tower FFS! mind control, uncontrolled immigration, signing up for more EU treaties (despite promising us a referendum if we voted for them in 97), replacing jobs with benefits, encouraging chav labour voters to have even more kids and never work Invading Iraq for selfish reasons i.e Oil, United States approval instead of invading to remove iraq from a despicable tyrant and regime. No plan to build peace after the war For bugging Kofi Annan's office in the build up to the Iraq War Making Britian less safe after standing side by side with the most despised Nation in the middle east and therefore creating hate for Britian Failure to protect Children form pedophiles Increasing Tax x 89 times Introduction of Tuition fees despite promising before the 2001 General Election they would not introduce tuition fees Huge waiting list in Hospitals "The Labour Party used to represent millions, now it represents millionaires" A quote from Bob Crow, the RMT general secretary The Biased Hutton Report complete whitewash and cover-up probably orchestrated by the Government Failure to act against School Bullies, No effective punishment just exclusions lasting a few days Failure to look after the elderly who need better pensions Failure to act against Rising Gun culture Allowing Peter Mandelson to earn 160,000 a year for doing absolutely Nothing ! Failure of Jack Straw to act in the case of pensioner Derek Bond, arrested and held in South Africa for the FBI for three weeks. It took the media to force the FBI to investigate Mr Bond's claim of innocence. Strangely that took around 24 hours from the story breaking in the UK, no thanks to our own Home Office who were informed at the early stages of Mr Bond's plight. Failure to limit immigration despite the size of Britain and its population= 60 Million Increasing House Prices PFI wasting million billions on computer systems that were never used Failure to stamp out elitism in top British Universities- Cambride/Oxford only accesible to Middle/Upper Class failure to prevent Truanting in schools after spending £880 Million of Tax payers money, truanting has risen every year after 1997 and is still rising Spinning every costly usless fckup by lying through their teeth Ed Balls and his ignorant tart 'wife' Soundbite politics & spin doctors Sleeze and Tony's cronies Good day to bury bad news Sexed Up Dodgy Dossier Invasion of Iraq Presidential style government Intimidation of independant BBC David Kelly affair Poor state of armed services accomodation Lack of kit for armed services Filthy hospitals Targets targets targets ASBOs Cash for Honours affair Community Support Officers Unelected Prime Minister (Gordon Brown) Unelected Prime Minister (Lord Mandy) Bitter infighting between PM and Chancellor Home office leaks, Damien Green arrested Uncontrolled immigration & illegal immigrants British jobs for British people Expenses affair McBride smear campaign ID cards & super databases Proliferation of speed cameras Fuel protests Stealth taxes 10p tax row Gurkhas Closed door inquests Tax credits mess 90 day terror detention PFI Over subscription of Universities Destroyed credibility of A Levels GCSE Exams mess Data losses Cash for votes Jails full, early prisoner release Taking wounded soldiers to court to contest compensation Sex offenders working in schools CRB checks backlogs Passport backlogs Tuition fees RIPA abuse Safe seats for sale to union officials Borders deliberately opened to engineer a society in favour of Labour Brown's lies to Iraq War inquiry Disrespect to armed services & their families Broken manifesto pledges Lies about income tax rises "Forces of Hell" unleashed on Chancellor from No.10 Patronised Britain's biggest business leaders Total lack of leadership ...and Browns top ten financial blunders (http://timesbusiness.typepad.com/money_weblog/2009/06/gordons-10-worst-financial-gaffs.html) Oh and allowing GORDON FCKING BROWN not just any sort of power but complete control over our finances for eleven wasteful incompetent traitorous year 1. Taxing dividend payments Before 1997, dividends issued by UK companies and paid to pension funds were tax-free - that is, the tax could be claimed back via a system of tax credits. Not any more, decided Brown. Tax relief was scrapped, reducing the amount collected by pension funds by around £5 billion a year. Pension funds holding the cash that you, me and almost everyone else in the country plan to use for our retirement have lost around £100 billion over the last 12 years. That's one hell of a stealth tax. 2. Selling our gold In May 1999 Gordon Brown had a plan to sell some gold. There were two problems with this, which concerned his economic advisers deeply. The price of gold had slumped after a decade of stagnation, but was likely to increase in the proceeding years. Added to this, the announcement of a major sell-off would drive the price down further. Little of this worried Gordon. Experts believe that the poorly timed decision to flog our national treasure has cost us all around £3 billion. Granted, that doesn't seem much nowadays, but more of that later. 3. Tripartite financial regulation The system of financial regulation dividing powers between the Treasury, the Bank of England and the Financial Services Authority, established by Brown as Chancellor in 2000, missed what amounted to the biggest financial crisis of our lifetime. Whoops. This has led some glass-half-empty commentators to conclude that the system set up by Brown failed and should be replaced. The Commons Treasury Select Committee’s report on the collapse of Northern Rock said that the Financial Services Authority had “systematically failed in its duty” to oversee the troubled bank’s activities. Little did it realise at the time that Northern Rock was the over-leveraged tip of the securitised iceberg. 4. Tax credits “Gordon Brown claims the tax credits system lifts children out of poverty,” says Simon Blackmore, 38, who was pursued for £6,057 in over-paid tax credits. “Maybe it does, but only to plunge them and their families into debt two years later.” Millions of low-income families have had to pay back the Treasury after receiving too much money in tax credits, putting them under huge financial and emotional strain. Meanwhile, 40 per cent of workers and families who deserved tax credits left billions of pounds unclaimed in the 2008-09 tax year for fear of being chased for the cash later on. Introduced in 1999, reformed in 2000, tax credits have been "a complete disaster zone", according to tax experts. 5. The £10,000 corporation tax threshold In 2002, Gordon Brown introduced a new tax regime to help small businesses. He announced a new zero per cent rate of corporation tax on profits below £10,000. It was designed to boost the ability of small businesses to grow and prosper. It didn't quite work out this way. It became advantageous for sole traders such as taxi drivers or plumbers to turn themselves into limited companies to take advantage of the new rules. A Treasury Minister later commented that "the Government did not realise how many people would engage in abusive tax avoidance", despite the fact that it was "blindingly obvious" to tax experts "within 5 seconds" of the budget announcement that this would happen. Gordon scrapped the rules a few years later, raising the rate from 0 per cent to 19 per cent when he released how much money was being lost. 6. Abolition of the 10p tax rate Mr Brown rarely apologises. In fact, he never apologises. But occasionally he acknowledges "mistakes", albeit begrudgingly. Over the abolition of the 10p tax rate in 2007, Mr Brown told Radio 4's Today programme that "we made two mistakes. We didn't cover as well as we should that group of low-paid workers who don't get the working tax credits and we weren't able to help the 60 to 64-year-olds who didn't get the pensioner's tax allowance." Experts use stronger language to describe the Budget of 2007, which was designed to produce positive headlines for the 2p cut in income tax. Accountants calculated that the scrapping of the 10 per cent tax rate, coupled with the increase in the proportion of tax credits withdrawn from higher earners, would leave 1.8 million workers earning between £6,500 and £15,000 paying an effective tax rate of up to 70 per cent. 7. Failing to spot the housing bubble Gordon Brown said he ended boom and bust, and in those innocent days before the collapse of the global finance system we believed him. In 1997, he outlined his plans. "Stability is necessary for our future economic success", he wisely informed an audience at the CBI. "The British economy of the future must be built not on the shifting sands of boom and bust, but on the bedrock of prudent and wise economic management." The other components of that bedrock including a trillion-pound debt mountain and a decade of unchecked and unparalleled house price inflation presumably slipped his mind. In 2003 a mild-mannered Liberal Democrat MP by the name of Vince Cable dared to question the mantra of "the end of boom and bust". He asked Gordon Brown: "Is it not true that...the growth of the British economy is sustained by consumer spending pinned against record levels of personal debt, which is secured, if at all, against house prices that the Bank of England describes as well above equilibrium level?" Gordon replied: "The Honourable Gentleman has been writing articles in the newspapers, as reflected in his contribution, that spread alarm, without substance, about the state of the economy..." We all know what happened next. 8. 50 per cent tax rate Robert Chote, director of the Institute for Fiscal Studies, has said the tax hike which heralded the end the new Labour may actually end up losing the Government money. "If you look at what happened when higher rates were last changed in the 1980s, that might lead you to suggest that such a move might actually lose you revenue, rather than gain it, as people actually declare less income for tax," he said. 9. Cutting VAT "It would be funny if it wasn’t so serious," said a tax accountant when asked about the Brown-Darling brainwave to cut VAT by 2.5 percentage points. As a nation of shoppers, rather than shopkeepers, a chopped down sales tax sounds like a good idea, providing a vital boost to hard-pressed families at a time of financial hardship. There were two problems. It costs £12.5 billion a year and it has made little discernable difference to those hard-pressed families because it is shopkeepers, rather than shoppers, who have pocketed much of the benefit. 10. Public-sector borrowing If Gordon had only saved a little more in the good times, we might have had a little more to fall back on in the bad, economists sigh. Last month saw public-sector net borrowing hit £19.9 billion, the highest on record, according to the Office for National Statistics. The chancellor of the exchequer, Alistair Darling, has forecast that Government borrowing will reach £175 billion this year. It is forecast that total government debt will double to 79 per cent of GDP by 2013, the highest level since World War 2. Mr Chote recently warned that "the scale of the underlying problem that the Treasury’s detailed forecasts identify will require two full parliaments of mounting austerity to repair.”
  6. I know some posters are treating this as a bit of a joke headline But you try spending a few months or years on the dole after school/college because there are no jobs as the bankers/labour/immigrants/chav scum/etc have bled the country dry for two decades You have no future and no one gives a fck and you slowly give up all hope
  7. Gold will continue to trickle up at the rate of about RPI+ 2% (true inflation?) for the foreseeable future. Silver will possibly outperform Gold as it is getting scarcer and is used in more and more industrial processes All this talk of a break out to $2,000 or a drop back to $1,100 is complete finger in the air stuff. it might or it might not (based on manipulation/ investor sentiment) but it shouldn't really Simples
  8. Hey RB Great gains there, no GREAT Gains infact! Mind telling me why you picked them. I've got a few unit trusts but its pretty vague about what each is REALLY investing in Any useful websites John PS A silver ETF might be pushing 15% too!
  9. Not sure which way gold is headed But I know paper is going to Zero
  10. Annual Costs of EU Membership Last time it was calculated, in 2008, the European Union was costing us £65 billion gross every year. That's about £1,000 each every year for every man, woman and child in the UK. It increases every year, so it will be a lot more now. * Source: Office for National Statistics "Pink Book" Which is what £5k per annum for every taxpayer? What do we get out of it/ Fk all- except those pointless signs telling us shitsville is twinned with Algernon, West Germany WAKE UP!
  11. Noticed the last one was a log chart this one proves the point that gold 'holds it own' even better. I think its telling us to buy a house now as this is about as cheap as they are going to get by the way. Shame few people can afford/get a mortgage for one at the moment, Aye there's the rub'
  12. Gold might not be stable from one year to the next at times (though its been a good bull run) however when you compare it to land/house prices (something I always think of a stable commodity) it has held its own for a VERY long time. Maybe some of the naysayers say it has 'no real value', but who gives a fuk its been a good store of value for 5,000 years for the very reasons that it still is. Shares in a company might in theory provide a dividend and capital growth, however in a depression they are just as likely to pay zero dividend, dribble down or exist solely for the apparent benefit of greedy and corrupt directors who run them into the ground.
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