Dreamcasting

This thread sums up the frustration and anger well. It all started with optimism back in 2007/2008, the crash should have happened soon after. It didn't. Prices continued climbing. Now here we are today, but this time, sentiment has changed, because we all know that in the next 10 years, house prices will continue to climb. Not many people are actually talking about a HPC anymore, as it is clear that TPTB will not allow such an event. People need to rip up the rulebooks. Everything you think you know about markets, market forces and cycles should be dismissed. There's no such thing. This should actually be obvious to someone with at least a little bit of intelligence. If you understand manipulation, you already know why things are the way they are.

I honestly don't know. Personally, I think the majority of people won't be able to store wealth in any form. TPTB have everything covered - it's what they've been working on since 2008. We've read doom porn about how the markets are about to crash for many years now, and all of the predictions made have been wrong. The only known way to protect yourself is by not participating in anything at all. Unfortunately, it's difficult for the majority of people to live off the land. Living in a wooden hut in the middle of nowhere in Hungary or Bulgaria is probably more secure than expecting to be able to manage your wealth whilst being part of the evil corrupt system we live in.

Yes, definitely this. A low maintenance property in the UK to live in for 6 months whilst spending the other 6 months traveling. Upping sticks to move to another country isn't as easy as many people think, and you simply can't run to get away from problems without realising you have problems no matter where you are. My biggest concern with living abroad is security and rights. You never know when you'll get turfed out no matter what residency status you believe you have, or when a corrupt government changes the rules and tells foreigners you're no longer allowed to own your property. This may well be what happens to expats currently living in Spain will be up against after Brexit - told to sell up (at a massive loss of course) so that a young Spaniard can buy. And that stupid 'Wanted Down Under' programme on the BBC annoys me. Happy smiley faces all round. I know many people who moved to Australia, the majority of whom returned to the UK 2 or 3 years later once they realised life isn't a bed of roses elsewhere, and in quite a few cases, many times worse.

It's that old chestnut again, isn't it. People think their lives will improve living abroad. Also, I expect a lot of hostility to foreigners abroad over the coming years. Personally, I would feel very uncomfortable owning a property abroad, particularly after Brexit. The number of people I know who returned to the UK after living abroad is staggering. What seems nice and innocent on the outside turns out to be a living hell.

I know a lad who literally lives in the woods. No vehicle, just wild camps in the Yorkshire Dales for pretty much the entire year, even in the coldest of winters.

Look, people are reading too far into this. The central banks are controlling and manipulating everything. Everything peaked and became a bubble several years ago, now it's just a case of keeping everything within a range. Some weeks it goes down, the next it goes up, all within a tolerance of around 10%. Mr Brown quite correctly stated no return to boom and bust. That was said for a reason - i.e. he knew that the system was fixed and that the CBs can manipulate anything to anywhere. Of course, his statement was only true when applied to the elite, as for everyone else, it's all bust.

Sorry dude, but neither $700 or $400 will happen

Why £1250? Why not £525, or £150, or £0 Bitcoin is likely a banker scam in any case.

Look, don't get hung up by so-called business cycle, charts and technical analysis. It's all manipulated anyway, and not in your favour. People here should be more concerned about everything they have being inflated away regardless of what happens. And I hope nobody thinks they'll be getting 10% interest on their savings in 2025. It pretty much doesn't matter what the ordinary punter does, be it stocks, precious metals, property or tulips, the central banks and governments have everything fixed to guarantee that you lose no matter what.

Business cycles, tightening into a recession, elliott wave theories etc etc. It's all nonsense. What is correct however, is that 99.9% of people are getting poorer.

Oh come off it. Bitcoin is a worthless useless piece of nothing. Still, it's great scheme to relieve people of their money in the meantime. Just hope they don't blame anyone when they're holding a sh1t bag at the end.

It's the STR mentality that got a few people on this site in trouble, particularly the ones who sold pre-2008. They were convinced there was going to be a huge HPC so that they could buy back into the market and make a profit. It was never about wanting reasonable house prices to help anyone other than themselves. Now they've missed out, and indeed, the value of the pound is now seriously in question. Who knows what will happen next, but please don't cry if house prices start to climb and the currency crashes to worthless trash. You take a punt.... you'll either win or lose, that's for sure. Actually, no, you'll likely lose whatever you do.

People should stop wasting their thoughts on house prices crashing. They won't. What is however happening, is all your wealth is slowly being taken away from you. You can't protect yourself either as TPTB have got everything covered. Cash doesn't cut it - you're going to be eaten alive soon with inflation, but interest rates will not rise. The outcome will likely be hyperinflation and a completely worthless currency (this applies to all currencies BTW). Council tax and probably some new property tax to be introduced will see to any idiot trying to protect their wealth through property. When you're spending £1000 per month on the new property tax, property will be very unattractive. Gold and silver will continue to be supressed - we're probably looking at gold at £2p per ounce, and silver at £1. Stocks and shares will do well, but the average punter will lose big time. If you do end up winning whatever you do, it will just be through pure luck. Sadly, the majority of people are about to lose everything.

Sure is, when you've got nearly 24000 posts and still no house.

"You're are" what? That really doesn't make sense at all. Anyway, i'm going to leave this one right there. I really haven't got the patience to respond to a keyboard warrior.

Why the hostility? Perhaps I've touched a nerve.

Yes, an old saying never the less.

Yeah I know that one alright. Whenever someone posts something on the internet that someone else doesn't agree with, they're automatically a troll. How sad for people to think that.

There's that old saying, "the markets can stay irrational a lot longer than you can remain solvent". There's a reason for that saying. What most people misjudge is time.

Unsustainable debt? It seems to have been working out alright for the last 100 years. The whole capitalist model is based on ever expanding debt - the entire western world is at it. Unfortunately, markets don't follow logic. If you look at the issues from a mathematical point, you'll end up on the wrong path. This mistake has been repeated time and time again, no matter which market you look at.

There's really nothing to see here. Yep, stores closing and online retailing being the norm. Those working on the high street who lose their jobs then go on benefits - hell, they likely didn't want to be working in the first place so now have the perfect excuse to not work. In steps the government to "help" pay the mortgages of those families affected. The end result is still not a house price crash, as if anybody would be daft enough to believe this in today's world.

No, that's not the solution either. I think everyone has now come to terms with how things have panned out. Within the last 10 years, we've seen ever increasing house prices, low interest rates and QE. I suspect this will continue to be the case. Unfortunately, for the majority, if you didn't buy a house when they were affordable, it's unlikely you will ever be able to.

I was wondering when someone would post that fake chart once again. The chart is useless when that "New Paradigm - Return to normal" section can span 30, 40+ years. The best years of one's life sitting waiting, whilst getting poorer all that time and nothing to show for it at the end.

No, i'm out of here as I realise making comments in a 'gold' thread is pointless no matter what I say. Obviously the thread will be biased for gold, and trying to extract 'facts' is impossible in this corrupt world. I don't really call it a healthy debate. I still believe gold is very heavily manipulated by world governments (or at least on behalf of the governments) for the reasons I have stated earlier, but I am not willing to 'argue' about it because it's not worth it.

Ok, we'll i'm going to leave it there with this thread. I'd love for people to be able to store their wealth honestly, in gold, but I really don't believe the system operates without government corruption. Hopefully, things will become good for those who are heavily loaded with gold.... all I say is 'be careful', it's easy to get burnt no matter what you think or feel.