Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

debtistheft

Why do you all want to tie up your money in a house and put yourself into so much debt?

Poshbird

debtistheft wrote: »

Why do you all want to tie up your money in a house and put yourself into so much debt?

Basic fear and greed mentality. Thats whats keeping house prices propped up where they are for so long. The crash will come and the longer its propped up the bigger the fall when the props fail.

debtistheft

Poshbird wrote: »

Basic fear and greed mentality. Thats whats keeping house prices propped up where they are for so long. The crash will come and the longer its propped up the bigger the fall when the props fail.

Why are you waiting for a crash? So you can buy a house and be part of the system you proport to despise?

Why not opt out of the system completely?

Poshbird

debtistheft wrote: »

Why are you waiting for a crash? So you can buy a house and be part of the system you proport to despise?

Why not opt out of the system completely?

I have opted out. I think the middle class is going to get hit hard when the prefect storm that is brewing hits the main land.

They have kicked the can down the road all they can, the present monetary system is unsustainable. The coming crash will be far worse than most people expect.

Do not be middle class, you are going to get wiped out.

I have made sure I am on the right side of this thing before it all starts happening. The crisis brewing in Eupoe is nothing compared to the entire world.

Yes it does involve the 'S' word, but I am going to get slammed for saying I am buying silver bullion every month.

Just for the record I am not suggesting any one start buying silver bullion every month the same as I am. (The waiting list's are long enough as it is) :rotfl:

debtistheft

Poshbird wrote: »

I have opted out. I think the middle class is going to get hit hard when the prefect storm that is brewing hits the main land.

They have kicked the can down the road all they can, the present monetary system is unsustainable. The coming crash will be far worse than most people expect.

Do not be middle class, you are going to get wiped out.

I have made sure I am on the right side of this thing before it all starts happening. The crisis brewing in Eupoe is nothing compared to the entire world.

Yes it does involve the 'S' word, but I am going to get slammed for saying I am buying silver bullion every month.

Just for the record I am not suggesting any one start buying silver bullion every month the same as I am. (The waiting list's are long enough as it is) :rotfl:

Just how is buying one single asset class any wiser or better than buying another single asset class? Its hardly working class to be buying Silver bars, though I do agree with the earlier sentiments expressed in your post.

Poshbird

debtistheft wrote: »

Just how is buying one single asset class any wiser or better than buying another single asset class? Its hardly working class to be buying Silver bars, though I do agree with the earlier sentiments expressed in your post.

Good question. Watch this when you have time, it answers that question very well.

http://www.youtube.com/watch?v=E5VNAEmmBQM&feature=mh_lolz&list=FLb943uJQg8mw

blisk3

Market in doldrums.

Housing market 'still lacklustre'

blisk3

Bohdy wrote: »

With silver around £23 per ounce the silver to average UK House ratio is now down to 7270 ounces of silver to buy an average house. This has halved from this time last year.

Will it halve again over the next year?

Yes, buy silver.

blisk3

Mortgage approvals reach new low

The number of mortgages approved for house purchases hit a new low in April, Bank of England figures show.

At just 45,166, the number of new approvals was the lowest April figure since the Bank's records began in 1992.

plumb1_2

blisk3 wrote: »

Yes, buy silver.

$150 p/oz within 12mths imo. get on the silver bandwagon now before its to late.