eztiger
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Posts posted by eztiger
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So the upcoming strikes (confirmed) results in reduced revenue. Which then increases the need for price rises, and the result a crap service?
An army of angry postmen/women as the layoffs come in. They get a lot of exercise! I never saw the episode where Postman pat got mad but this is close
I'm predicting a hostile response from the general public especially so close to christmas. If that happens I wouldn't be surprised if Camoron tries to capitalise on the public anger and pull some sort of Thatcheresque move and put the unions down.
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When i was younger girls liked guys with cars, sadly i came across lots of anecdotal evidence over the years to find this to be true.
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What he probably would have liked to say:
"However, the Government understands that the housing and mortgage markets are yet to return to their long run levels because if you haven't noticed, we manipulated the base rate instead of letting nature run its course, leaving too many people - especially first-time buyers - struggling to afford historically high level of deposits."
"That's why the Help to Buy mortgage guarantee is a vital tool to try and fool young people into thinking they have the same opportunity to get a foot on the property ladder as previous generations who to be honest, are the only section of the electorate we are pandering to anyway."
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Why the rush...they will be £5 on Monday.
Tbh the fact that ive been effectively locked out of my trading platform for most of today scared me into just getting shot of the damn things as quickly as possible. If everything had been working properly then I would have sold at 447 , it was quite frustrating watching the price tick down and not being able to react!
Well I'd better think about moving brokers / diversifying further in the future because in the event of a market crash, H-L have demonstrated that they are not capable of handling the 'mrs miggins' rush
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Finally got out at 440.125 using H-L
Jesus what a debacle, after 3 hours of trying to sell online, i finally get through to the dealing desk and ask to sell, 2 hrs later nothings been sold....
Luckily, the site held it together long enough for me to manually sell, hope that buggers up their accounting!
Provided I can get the money i invested back out of H-L then that my winter tyres and a few takeaways paid for!
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Reading the small print earlier in the week, I didn't think ISA holdings can be sold till next Tuesday.
Reading Laura K tweets Only 1 out of 10 biggest buyers was a UK institution.
Reading Paul Mason tweets, nice summary. £1bn windfall but only 1/3 was to private investors.
H&L states I can sell but not buy during the conditional phase
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H&L are shit!
Since 8am ive managed to log into my account twice only to told that I cant sell my shares and to ring the dealing desk that is constantly engaged!
I think i'll be moving my ISA to another provider after this H&L are a bunch of f*cking chancers
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edited: info already posted, my bad
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I don't think any of the ultrabears (like me) even care any more. Our 'deposits' now represent a lot more than a house - to me it's a symbol of everything that I have seen. A vast pile of bank credit that I've accumulated through living sensibly whilst everyone else loses their mind. It offers me a lot of different options, and the opportunity cost of handing that over for a pile of bricks now (at these prices) is unpalatable. Others can chain themselves down.
+1
Ive been living a very frugal lifestyle for close to 7 years now, saving hard to buy a house in the SW only to see the bar being raised continually in this farce of a property market.
My thoughts mirror yours exactly, I now look at my savings not as a house deposit but as simply capital to allow be to stay liquid and help keep me aloat in the coming future.
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base rates are 0.5%
they lend at 4.99%
help to buy? more like help to die.
Indeed, I knew deep down this H2B part 2 would be a con, and shock horror I've been proven right.
5.49% for a 5 year fix??? I'd better start investing in funeral parlours and florists because it looks like I'll make a mint when all the mugs that sign up to this BS are hanging themselves when their term expires, interest rates are higher and they realise that they have become untouchables.
As others have stated then end is approaching.
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Saw this about a year ago, I think they are spot on in explaining the pension timebomb and how over 50 years of not doing the right things and can kicking has contributed to the mess we are now in.
Not going to buy a subscription though...
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Um, what am I looking for? Is it being manipulated down today?
It can certainly be suggested.
The US govt has partially shut down, which means its getting close to showing the world how broke it is.
The US dollar then loses its value.
Gold is priced in dollars so when the dollar loses its value the price of gold normally increases to reflect the fact that it needs more dollars to buy x amount of gold
Gold drops to $1287 from around $1325
Of course the drop could be the herd mentality panicked by the political situation, fueled by high frequency trades hitting stops, or it could be a conspiracy to exploit the lack of govt regulation in the market due to the pay cheques stopping.
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I have to admit i'm tempted.
As a tax payer i'm ultimately going to be paying my share towards this farce in one way or another so after 7 years of scraping together a 25% deposit I might just get a house with 5% and keep the remainder in savings instead. If it all goes tits up at the end of a 5 year fix then at least i've only risked 20% of my hard saved capital.
The show stopper for me is whether as a result of these banks buying these guarantee's, they offer interest rates that are on par with a 20% cash deposit.
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For anyone who says there isn't manipulation, just open your eyes.
I wish more people would. The manipulation conspiracy is very real, especially when you read the legal definition of conspiracy:
Conspiracy:
"An agreement between two or more persons to engage jointly in an unlawful or criminal act, or an act that is innocent in itself but becomes unlawful when done by the combination of actors"
We already have proof such things are possible, LIBOR cough..cough..
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Fun and games today ...
Bart Chilton, in this email exchange, explains why investors in non-stock instruments are as of this moment, largely on their own:
From: Chilton, Bart <BChilton@cftc.gov>
Subject: Re: Today's Smackdown
No regulators looking at markets due to government shut down.
B
http://www.zerohedge.com/news/2013-10-01/bart-chilton-commodities-traders-you-are-your-own
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US Govt partially shuts down,
DXY slumps,
Gold drops to $1293 (at time of writing)...
When will this madness cease?
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Bit bored, watching property porn. This house came up in Oare Wiltshire.
http://www.rightmove.co.uk/property-for-sale/property-30997943.html
According to the show, originally on at £540,000, but Aled Jones, the presenter said they would accept £499.995.
According to property bee, £475k, reduced to £460k and now "SSTC" for the 6th time.
Welcome to my world.
Up until last week I used to drive through that village twice a day to and from work, it wont be missed.
The only place I can afford in that village is probably one of the caravans in the nearby caravan park
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Did he tell his mates first though? Another pump and dump happening right now before our eyes?
I dont think he even told his mates, he was quoted yesterday as basically saying he is keeping his plans secret.
The fed is using bond yields and equity prices as indicators of economic health, both which have recently been adversly affected by all the 'taper' talk. Bernanke say what all the market indecision was doing to his master plan and would have shot himself in the foot quite badly if even token tapering had been announced.
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Retail sales unexpectedly fall in August
http://www.bbc.co.uk/news/business-24156664
Cable lost some ground on the news.
Come on, get shopping. It can't be the weather or royal babies distracting!
Meh, i'm immune to this garbage now. Every month its the same crap reacting to short term changes, written by journo's who need to write something to justify their jobs.
"Retail sales unexpectedly fall" one month then "Retail sales unexpectedly rise" the next. Rinse and repeat replacing the first two words of the sentence which whatever economic topic is flavour of the month.
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http://www.bloomberg.com/visual-data/gas-prices/20133:United%20States:USD:g
Slide show giving prices for 61 countries.
Really shows how we are shafted by our govt and its policies to date, look at all the OPEC countries prices 0.12c a litre in Suadi, 0.01c a litre in Venezuela over 2.02 dollars here. Obviously being a net importer and not a major oil producer doesnt help but still....
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Something must have happened
Yup Bernanke trolled the market.... hard!
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Indian just raised the tax on importing gold jewellery by 15%. I find that interesting.
I wonder if other countries will now begin to follow suit and whether the natural extension will ultimately be to increase taxation on the buying and selling of gold generally?
Its possible but I doubt we will see that happen in the US, UK or EU. Especially the UK which does not charge VAT on investment grade gold as dictated by the EU and also has gold currencies which are CGT exempt. Scrapping those benefits would cause quite a stir, not only for retail investors but also for the cities gold market which, last time I checked was still the center of the worlds gold market.
If such taxation was introduced in the UK then it would be a very important indication that the pound was in serious trouble, but hey we would probably already know that by then
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Insane. Every single room needs substantial refurbishment.
Do you know how long it would take to commute to London from there?
On the A4 about 2 hrs also Pewsey which is 5 mins down the road has a rail station with direct services to paddington.
Combine the above with the fact its where 'Middleton' went to school and that it is the ''rah rah" capital of Wiltshire and that pretty much explains the price
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I can't see that bring up children in an environment where they can be kicked out of their rented family home every 6/12 months is great either.
A home where they are not allowed pets
A home where they are not allowed to decorate
Switching schools and moving away from friends every couple of years because the landlord wanted you out.
It's not all roses renting, but not as bad as some make out. Council houses with long leases were a great solution to these problems, atleast then people could grow up in a stable environment with family and friends nearby.
And dont forget the debt burden inherited from previous generations which they will be expected to shoulder while dealing with the above
Gold strategy in the current economy
in House prices and the economy
Posted · Edited by eztiger
I call BS, I mean seriously "Gold worth thousands stolen from Pyle flat", "PYLE?" Has the journo confused bullion with chocolate gold coins?