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HOLA441
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  • 2 weeks later...
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HOLA446

Paint it RED ! Greater London's falling fast

Biggest 3 month fall yet in Rightmove's index

===================================

Rightmove won't tell you this, but I will.

I have been "unpacking" the data in their news releases, and I find something very interesting, which has not been mentioned in the watered down Press Releases that they have been given.

Rightmove announced just two days ago:

+ a -1.07% monthly drop in their National index,

+ a -1.49% monthly drop in their index for Greater London

These are big falls, but the year-on-year index changes are still positive - so no reason for London homeowners to be concerned, right?

Wrong !

Take a look at the 3 months change of -7.1% for London.

That is the biggest slide ever in the life of their index which goes back to 2002.

001nvlf.jpg

That's an average of -2.4% per month, more than double the "1% speed limit" than we normally see during a crash. And if it does not bounce back very fast, it will be telling us that London may be set for one of the biggest price drops in History.

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Two nice graphs from this article: http://www.zerohedge...olicies-may-sta France managed better over the boom part of the cycle, and China is making Wheat the new Oil subject to OPEC type cartel activity and wild price fluctuations. Only with food commodities people die when supply is constricted and price manipulated - not good. Article well worth a read.

Picture 13.png

Picture 14.png

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Edited by ElPapasito
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Two nice graphs from this article:  http://www.zerohedge...olicies-may-sta France managed better over the boom part of the cycle, and China is making Wheat the new Oil subject to OPEC type cartel activity and wild price fluctuations. Only with food commodities people die when supply is constricted and price manipulated - not good. Article well worth a read.

Just going to post the very same graph. :)

If you click on the images in the article it will enlarge them. Then if you right click and select copy image location, this can then be posted on here in large format.

AE%209.21%20-3.jpg

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That is one seriously lovely looking graph Confounded, but:

1. Without clear labels for the x and y axis it is close to meaningless. Are these real prices?

2. What fearful symmetry would be revealed if you lined up the bear trap on the timeline?

.

Edited by Timm
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Oh come on, are you serious?

None of those indexes trace the lines you drew above, and none show the pronounced bear trap.

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HOLA4423

Get ready for major inflation

Richard Benson listed commodities that have seen extraordinary price increases over the past year....

*Wheat: 63%

*Agricultural Raw Materials: 24%

*Industrial Inputs Index: 25%

*Metals Price Index: 26%

*Coffee: 45%

*Barley: 32%

*Oranges: 35%

*Beef: 23%

*Pork: 68%

*Salmon: 30%

*Sugar: 24%

*Wool: 20%

*Cotton: 40%

*Palm Oil: 26%

*Hides: 25%

*Rubber: 62%

*Iron Ore: 103%

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