Crashman Begins

SarahBell' family fighting. - Good family relationship Why can't they get mortgage? Self employed / contract work Do you want to live with them forever? They wont be living with us

The Mrs family want to go halves on our 1st home, mainly due to the fact that they cant get a mortage. I will hopefully be in a position to look to get a mortage for our 1st home mid next year & the Mrs family keep suggesting that they go halves with us. The Mrs wants to also go ahead with this, which leaves me with more doubts about her finances :angry: Without getting into things too much they suggest that they would pay half our mortgage each month, which could possibly come from thier good earnings / a non mortgaged rented investment (which would leave them with some extra cash / get them on the property ladder too ? thanks to me) Advantages More cash in my pocket each month Baby Crashman would enjoy better quality of life The risk would be shared Mortgage would be paid off quicker I could consider another property at the bottom of the crash in another 4 -5 years time ? to buy with them too ? I could keep hoarding more PM's I could invest/ help out my direct family.. because my Mrs would have with her family Mrs family have good builder contacts / skills Disadvantages Place wouldnt be ours 100% Uncertain of our future. Eg her family might want to sell / take equity etc Feel like im not taking my own steps / risk. Could cause family fued .. but so could buying by ourselves ? What'd you think ?

http://www.arabianmoney.net/us-stocks/2010/10/25/uk-pound-heading-towards-dollar-and-euro-parity/ UK pound heading towards dollar and euro parity Foreign exchange dealers have decided to slaughter the UK pound. This morning’s press attacks appear the start of a sustained campaign to drive sterling much lower and profit from the process. And who can blame the forex guys for backing a one-way bet, and probably one the British Government secretly endorses. For in this world of competitive currency devaluations who wants to be left with the embarrassing hot potato of an overvalued currency. Better to have one that is cheap and cheerful and good for exports. That is the theory but this hand can be overplayed. Double dip recession The problem is that the new UK government’s enthusiasm for public spending cuts and the resulting 490,000 more unemployed are almost a slam dunk for a double dip recession. And there is no secret that the Bank of England will print money in these circumstances just like the Fed.

bump

Place your vote against the Banks.... in fact your allowed to place as many votes as you can afford The more votes you have the better you'll feel & you can pass these votes down to you kids etc Some say eventually maybe 50 of these votes will allow you to purchase a home outright

Im glad you can turn around & admit you were wrong. Now if only Realist Bear would have done the same a long time ago... ohh well

Some say to 1oz AU 200oz at the moment

http://financialadvice.co.uk/news/property/90163-average-house-price-fell-by-6000-in-september.html Average house price fell by £6000 in September Thursday 7th October 2010 The average price for a property in the UK now stands at £162,092 which represents a £6,000fall between August and September. There is now growing concern that the UK property market has peaked in the short-term and against a backdrop of difficult economic statistics there is very little chance of a short-term recovery. However, the consequences of a £6,000 drop in the value of property in the UK could be very far reaching.

Wow Stay strong fellow Bears One day ...

Agree PAPER gold will crash Physical... it will only have to be repriced once, that will be more than enough for my lifetime

You do realise that the banks have SUPRESSED Gold / Silver for at least 30 years using PAPER Gold/Silver & serious shorting... to allow the fiat scam / house price mania to grow Surely if you believe in house prices crashing, you believe in Precious metals growing

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A property investor told me " When house prices are high, gold is low...& when Gold is high, house prices are low" Im sure there a lots of people who traded gold for a property around 30 years ago, (I wasnt around just yet ) I know a a town where Gold would have been ingrained on the minds of the locals thorugh culture etc And I kid you not, at least 35% of houses on EACH road have been on rent for at least 30 years

http://radio.goldseek.com/nuggets/murphy09.28.10.mp3

Thanks, I sold mine based on how rare a model she was.. now awaiting a crash in 2005/2006 models as they are more economical

I am a 1st time buyer.... This thread was about me selling my car

Nah they didnt need a mortgage, a couple grand cash in hand did the trick , so yeah she was priced well to keep the deal on the road Time to find a more economical CAR now plus newer ones are coming down in price pretty quickly now. More funds to add to my precious metal / 1st time buyer deposit fund

Had a viewing last week and managed to sell !!!!!

Injin STOP giving them ideas :angry:

My plan is to sell precious metals to the robots at great profit to allow them to reproduce

Gold mentioned on the BBC news this morning Talked about all time high in USD & Indian buying season Mainstreamness approaching

On BBC1 now Schools, hospitals and council services in the capital face the most severe public spending cuts in 80 years. Jeremy Vine brings politicians face to face with the families who will be hit by the savings - and those who are vowing to fight back.

Is there anyone here who now doubts Gold ? Please dont be afraid to ask questions ? There is an an answer for any question