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Crashman Begins

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Everything posted by Crashman Begins

  1. I can't speak for the under 25s but the car enthusiasts From my generation 30's are still alive and strong. Keep an eye out and you'll see lenty of 90s favourites still going strong & getting pampered. My prediction , expect the underground car cruise / meets to get bigger in the future as goin out gets more expensive
  2. Well then you are sick of the way the world is being run. If u can beat em join em And protect yourself along the way
  3. Thx Thailand now mapped to My geographical escape destination map.
  4. By Philip Aldrick, Emma Rowley and Jessica WinchLast Updated: 6:39AM BST 25/10/2012 Official figures are expected to reveal that the economy grew by around 0.7pc in the three months to September, as remarks by the Prime Minister heightened anticipation that the figures will be positive. The return to growth will end nine months of contraction in which the economy shrank 1.1pc as the austerity measures, high inflation and the eurozone crisis took their toll. However, economists warned that the underlying state of the economy remains weak, and that the strong headline growth figure could still point to a "disappointing" perfomance. In its first estimate of third quarter growth on Thursday, the Office for National Statistics (ONS) should say that the economy grew by about 0.7pc, according to the Ernst & Young Item Club. Samuel Tombs, UK economist at Capital Economics, said the third quarter’s headline figure will be 0.6pc, while the National Institute of Economic & Social Research (NIESR) has forecast 0.8pc. David Cameron heightened anticipation that the figure will be positive. During Prime Minister's Question Time on Wednesday, Mr Cameron triggered speculation that he was referring to the GDP figures when he told MPs there was "good news" to come. His remark provoked controversy because, as the data is market-sensitive, those who have advance sight are under a strict obligation not to disclose their content. The ONS furnished Downing Street with the statistics at 9.30am on Wednesday morning, and Mr Cameron is among a small group of senior politicians and officials who would have been entitled to view them. Number 10 refused to say whether or not the Prime Minister had taken up his option of seeing the figures in advance. It denied that the Prime Minister had been referring to the GDP figures, saying he was merely suggesting that Britain was "on the right track." None the less, a strong figure will have be flattered by the automatic rebound from the lost working day due to the Queen’s Diamond Jubilee in June and the addition of Olympic ticket sales. The ONS has estimated that the extra bank holiday wiped 0.5pc off growth in the second quarter and the ticket sales will add 0.2pc to growth in the third quarter. NIESR has calculated that stripping out the one-off items, its 0.8pc forecast equates to 0.2pc underlying growth. Mr Tombs was more pessimistic about the economy. “If it was not for the one-off factors, I think we see the UK economy contracting on an underlying basis," he said. If the increase in GDP is smaller than 0.7pc, "it should be viewed as disappointing", he said. http://www.telegraph.co.uk/finance/economics/9631060/GDP-figures-set-to-show-UK-economy-has-exited-double-dip-recession.html
  5. Very true. Staff are required at argos to bring stock to the collection desk, When customers in other stores pick up the stock and bring it to the tills themselves.
  6. No, when the end is near & only those with gold can buy themselves and their family sanctuary aboard the 2026 great nuclear bunker.
  7. Paul Tucker: 'worst may still be ahead' for UK banks The "worst may still be ahead" for Britain's banking sector, according to the Bank of England's deputy governor, as he warned that bank balance sheets were still not strong enough to withstand the "end-of-the-world risks" that still existed. Paul Tucker told an audience at the British Bankers' Association: "There is a tangible probability – not a high probability – that the worst may still be ahead", and called on lenders to hold more capital. The frontrunner to take over from Sir Mervyn King as governor of the Bank also called for an end to the get-rich-quick culture of the City. Mr Tucker said that bank bosses should be partly paid in debt linked to financial performance to ensure they have a strong interest in their company's fortunes. He suggested partly paying senior management in subordinated debt - one of the first forms of capital to be written down when companies run into trouble. Mr Tucker said: "Having managers exposed to instruments whose value depends on the survival of their firm would give them a healthy incentive to maintain a safe and sound bank." [Continued] http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9615102/Paul-Tucker-worst-may-still-be-ahead-for-UK-banks.html
  8. Details: Bought 270k 10% deposit put down Repayment mortgage - £1250 per month 2 year fix ending end of 2013 Similar for sale 290 - 300 Have a couple grand free in pms for remortgage (don't want to use it if possible) And can free up some cash to overpay each month. Finding out the overpayment limit & schedules etc
  9. Seems like a good plan. What do you plan to buy with the sale of your silver / gold ?
  10. Above From other thread, oops posted topic twice Thx all Have a small PM fund , some options & company shares Weighing up my options
  11. Is it worth overpaying your mortgage or investing the extra money ? If worth investing, then in what ?
  12. Haha The gift of the gab. I bet bernanke is the biggest stacker out there
  13. Hahahahah It went downhill as soon as he asked him if he was American
  14. We have an inflationary crash where house prices remain slightly in fiat paper terms but have crashed in real terms
  15. People have been saying this for years now on HPC. At 1st I didnt understand but the more I read into it the more it made sense. I feel sorry for those that just sat & waited with cash. A crash of straight deflation went out the window in 2007/ 2008
  16. To all the Those implying that gold is not as good as it seems because it can be counterfeit.... Cash can be counterFIAT too !
  17. Gold Bulls Extend Streak as Prices Jump on Stimulus Gold traders extended their bullish streak as analysts from Bank of America Corp. to Deutsche Bank AG forecast record prices by next year after central banks pledged more action to bolster economic growth. Fifteen of 29 analysts surveyed by Bloomberg expect prices to rise next week and seven were bearish. A further seven were neutral, extending the overall bullish outlook for an 18th week. Hedge funds’ bets on a rally are at a six-month high and investors bought the most through gold-backed exchange-traded products this quarter in more than two years. The Federal Reserve announced a third round of debt-buying Sept. 13 and the Bank of Japan said two days ago it will add 10 trillion yen ($128 billion) to a fund that buys assets. The European Central Bank announced an unlimited bond-purchase program Sept. 6 and China approved a $158 billion subways-to- roads construction plan. Gold rose 70 percent as the Fed bought $2.3 trillion of debt in two rounds of quantitative easing from December 2008 through June 2011. “Gold is one of the commodities that will benefit most from quantitative easing,” said Kamal Naqvi, the head of commodities sales in Europe, Middle East and Africa for Credit Suisse Group AG in London. “Everyone is talking about gold at $2,000 an ounce and I still think we’ll get to at least that.” Gold’s Rally Some investors buy bullion as a hedge against inflation and a weaker dollar. The Fed said it will buy $40 billion a month of mortgage debt to bolster the labor market and probably hold the federal funds rate near zero until at least the middle of 2015. Inflation expectations measured by the break-even rate for five- year Treasury Inflation Protected Securities surged to the highest since May 2011 on Sept. 17. http://www.businessweek.com/news/2012-09-20/gold-bulls-extend-streak-as-prices-jump-on-stimulus-commodities
  18. Now imagine what would happen if the oil cartel did a deal with the banking cartel ? You'd see oil drop in price & the price of gold drop in value ? But what would the consequence be ?? The worlds 1st global credit crunch
  19. I had a bit of a scary dream once. Some kind of army helicopters / ships were flying over the town, and landed. They invaded everyone's homes and were searching for bullion i think. They had some Kind of metal detectors . I watched until they went & took my stash out of hiding and hid it on my person, just before they rounded everone up to be taken onto the ship / copters. Chilling dream
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