NotMyHouse

Wow, that's a huge move upwards. There's going to be some roasted shorts in the banking world if that is today's price, what with option expiry coming up and all that.

If you can hide something the size of a Mars bar, then you can get away with £26,500. Marianne Faithfull would be able to manage it.

I found this comment very interesting - the realisation is dawning that g**d is good for preserving wealth.

We looked at a house that came with two pot-bellied pigs. It was a complete pigsty.

ROFL. Great find, Venger. I just love the Interweb.

I would suggest having some in Goldmoney or BV for easy trading/liquidation. Goldmoney does allow you to take possession in 100g bars, IIRC, with BV it's a bit trickier. If you want to keep the stuff in your house, I wouldn't go for Krugs, but look at Sovs/Brits, which are CGT exempt, and if there is a big fiat blowup, then you can avoid the inevitable CGT that such a devaluation of Sterling would entail. However, I don't know where you are domiciled for tax purposes, so this consideration may not apply. Also, I have heard that a lot of the dealers are not putting any spreads on selling and are buying at spot, so keen are they to get their hands on the stuff. However, this does mean that the buyer is paying the full whack of the spread.

Congratulations. It's a great feeling and enables you to concentrate on more important matters. Like sorting out your retirement plan.

It won't be for much longer.

Were the schools built before the cheap housing? I think it's a good point you make, but a lot of perfectly serviceable primary schools were built where the centre of the village used to be, rather than closer to the later estates that sprang up around the periphery.

Drat, drat and double drat! Foiled again, Mutley!

I can't believe no-one has said it yet... PRINTY PRINTY...

Definitely. But that might also be because I was running through nettle patches this morning while only wearing shorts...

Shhhhhhh! Don't poke the bear!

Can you name another asset class has ever peaked because people were being persuaded to sell? Asset classes peak because people en masse decide to sell. But in this case, gold is continuing to rise. People selling gold to rip-off merchants (which is what most of these C4G operations are) is not a sign of an investment frenzy.

I wouldn't ask them if it was a bubble about to pop - ask them if they were planning to buy some/had already bought some/had already sold their holdings. I'd be surprised if you get many affirmatives to even the first option. That's why this first part of the article interested me: I would be very interested to hear if people are starting to talk about gold in social settings, as that is a sign that the price could be entering the public conciousness phase.

If house prices were to keep rising, would the average age of FTBs eventually be higher than the average life expectancy?

Sorry, should I have said "And what will happen to gold, nudge nudge, say no more, say NO more!" If all other currencies are in a race to the bottom, gold, the currency you cannot print, will be trumps.

And if that happens, what will happen to gold?

The correct analogy with inflation rates is to say that the acceleration of the car has fallen i.e. the rate that prices are increasing has slowed. The car is still getting faster and faster, just at a slightly slower rate than it was. Prices have not dropped, so the car isn't going from 70 mph to 68 mph, it is going from 70 mph to 73mph, not to 73.2mph as previously expected.

Sibbers's signature is a hoot! "I put HPC website to the sword." That deserves a lot of emoticons.

Come on, linky or at least a price and a description...

If you really want to abuse Excel, get the 64-bit version of Excel 2010. 100m row limit, I believe. And then you can put a Windows HPC Server cluster behind that to run calculations more quickly. But back to the point in discussion, I am ecstatic that this vile database has been dumped. What was so hypocritical was that "slebs" would be able to opt out. Why the hell should they have an exception to opt out if "normal" people couldn't?

Understatement of the decade, there, RB. In other news, Pope admits to mild adherence to Catholic dogma. Bear admits that "he was caught short" and it was a few miles to the next public convenience.

And if there are no suitable jobs, do they just sit around for 10 years on the same salaries? With pay rises? Pension accumulation? Absolutely appalling.

I had a chuckle when I heard that. I'm surprised that Sibbers isn't posting on MSE and keeping McTwattish company.