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Frisby’s Bulls And Bears - Housing, Gold, Economy
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brit1234
Posts: 5,385 Forumite
Talking markets, gold, housing and the economy
Posted by commoditywatch on March 1st, 2012
Trader Michael Hampton and economist and wealth manager Jonathan Davis discuss gold, the stock market and the outlook for the UK economy and its housing market.
Podcast link below
http://commoditywatch.podbean.com/2012/03/01/talking-markets-gold-housing-and-the-economy/
Good discussion on this podcast. Interesting talk on shares which is what I have been thinking this last 2 weeks and why I am selling and buying again in a few years. Avoid Gold & Silver till it gets to about $1400 and London House prices to start falling after Olympics.
Well worth a listen.
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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Good discussion on this podcast. Interesting talk on shares which is what I have been thinking this last 2 weeks and why I am selling and buying again in a few years. Avoid Gold & Silver till it gets to about $1400 and London House prices to start falling after Olympics.
Keep clutching at those straws. You need to update your signature as well.0 -
Keep clutching at those straws. You need to update your signature as well.
Just done, busy this week. So busy I haven't had chance to sell shares yet
Clutching straws? Are you seeing what is on the horizon or have you still got those rose tinted glasses on.
I'm going cash over next few months and then Gold at the next good buying opportunity. I will look at shares again about the FTSE 5000 mark.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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Clutching straws? Are you seeing what is on the horizon or have you still got those rose tinted glasses on.
You're not going to get a cheap house as soon as the Olympics are over. You're not going to get a cheap house in West London anytime soon.
Just deal with the fact that the London property market is expensive and plan accordingly.0 -
London is a bubble on a bubble it will pop especially as China wobbles.
Have you listened to the podcast, there is a great song at the end, Debt Bomb, Debt Bomb.:rotfl::exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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You mean like creating numerous fake accounts to post the same thing in a vain attempt to ramp prices up.More pathetic hand wringing and straw clutching.
I give you an article to debate key points and yet again you have nothing in response.
What do you think is going to happen to share values?
What do you think is going to happen to the gold price?
What is going to happen to London house prices after the Olympics and why?:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Good discussion on this podcast. Interesting talk on shares which is what I have been thinking this last 2 weeks and why I am selling and buying again in a few years. Avoid Gold & Silver till it gets to about $1400 and London House prices to start falling after Olympics.
Well worth a listen.
Brit, leaving all the silliness about houseprices aside, I'm concerned about your apparently flip-flop investing strategy. You seem to be making decisions based on internet fads. It seems like you piled into precious metals before when they were close to their high, and now you're thinking of selling out of them (probably at a loss) and buying equities because someone on the internet says it might be a good idea. Your "google $500 silver" quote worries me as that is a ridiculous internet story based on a period of time a couple of weeks long when then price of silver had been massively manipulated (i mean actually manipulated, not supposedly supressed according to internet conspiracy theorists).
I appreciate that I am just someone on the internet, but don't you think it would be more sensible to preserve your house deposit in a traditional savings account that to pursue strategies fraught with short term risk which may lead to you losing a significant amount of your capital.
If you're thinking of buying in the short to medium term (i.e. <5 years) and you cannot afford to lose a significant % of your capital, then it is more sensible to stay in cash despite the poor returns.
If your strategy is to use the money to buy the house, as long as the net interest rate is greater than or similar to house price inflation then you're not losing anything by doing this.
It might help you to read the savings & investment boards, there are loads of thread of there where people recommend basic reading for investing. No offence, but I think it might help you to read something more mainstream.0 -
You mean like creating numerous fake accounts to post the same thing in a vain attempt to ramp prices up.
I've got to the point where I just scroll through MrRetard's (and sockies) posts without even reading them. I can't even be arsed to put them on ignore.1. The house price crash will begin.
2. There will be a dead cat bounce.
3. The second leg down will commence.
4. I will buy your house for a song.0 -
chewmylegoff wrote: »Brit, leaving all the silliness about houseprices aside, I'm concerned about your apparently flip-flop investing strategy. You seem to be making decisions based on internet fads. It seems like you piled into precious metals before when they were close to their high, and now you're thinking of selling out of them (probably at a loss) and buying equities because someone on the internet says it might be a good idea. Your "google $500 silver" quote worries me as that is a ridiculous internet story based on a period of time a couple of weeks long when then price of silver had been massively manipulated (i mean actually manipulated, not supposedly supressed according to internet conspiracy theorists).
I appreciate that I am just someone on the internet, but don't you think it would be more sensible to preserve your house deposit in a traditional savings account that to pursue strategies fraught with short term risk which may lead to you losing a significant amount of your capital.
If you're thinking of buying in the short to medium term (i.e. <5 years) and you cannot afford to lose a significant % of your capital, then it is more sensible to stay in cash despite the poor returns.
If your strategy is to use the money to buy the house, as long as the net interest rate is greater than or similar to house price inflation then you're not losing anything by doing this.
It might help you to read the savings & investment boards, there are loads of thread of there where people recommend basic reading for investing. No offence, but I think it might help you to read something more mainstream.
Solid advice here.0
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