Moneyweek - UK house prices will plummet: look at this scary chart

novazombie

Ha I`ve almost doubled my money already.

I bought silver just below $10 oz when the pound was still strong, its almost up to $15 oz now by the time its $20 the pound will be worth half what it was when I bought.

Plus house are going down 2% a month.......


Maybe my brain didnt fall on to my pillow

kennyboy66_2

novazombie wrote: »

Ha I`ve almost doubled my money already.

I bought silver just below $10 oz when the pound was still strong, its almost up to $15 oz now by the time its $20 the pound will be worth half what it was when I bought.

Plus house are going down 2% a month.......

Maybe my brain didnt fall on to my pillow

Well done - first class after timing.

I salute your genius investment record - do you have any more great tips that you wish to share?

Anyone who can honestly say;

"Thats why any bad news I hear about the economy is good news for me"

really should be listened to for investment advice.

Are you actually Warren Buffet ?

kennyboy66_2

novazombie wrote: »

Maybe my brain didnt fall on to my pillow

In some of your past posts you pose as a woman talking about your periods and pregnancy.

In others you pose as a man talking about your "wife and baby".

You also talk about being on housing benefit.

You also have claimed to have 2 buy to let places with no mortgage.

All these things could of course be true, although I would check you pillow again - you are looking for something about the size of a pea.

Really2

novazombie wrote: »

I bought silver just below $10 oz when the pound was still strong, its almost up to $15 oz

mmmm thats worrying you don't know the price of your asset. $12.87 oz.

If you actually have invested I would suggest you keep your eye closer on the ball as you seem a bit flippant.

novazombie

Really2 wrote: »

mmmm thats worrying you don't know the price of your asset. $12.87 oz.

If you actually have invested I would suggest you keep your eye closer on the ball as you seem a bit flippant.

You dont know much about silver. Its constantly up and down but the trend is up. It is on its way back to $15 which is exactly what I said.

Oh and all those things about me are true, I am a man and my wife doesnt have to have her own username to post questions on here.

chucky

geeba88 wrote: »

http://www.moneyweek.com/investments/property/uk-house-prices-will-plummet-look-at-this-scary-chart-14664.aspx

I like chart referring to UK House Price to FTSE 100 ratio.

It's helped ease my doubting mind that i'm not mad to at least try and sell my property and then rent until we enter the capitulation phase...

the FTSE has had 4 days of upwards movement - does that then mean that house prices are also increasing

Nylontokyo

Id say the market is following the first chart almost exactly.

This bull trap we are in now may prove a bit longer than the one on the first chat.

But I can still see us going back to long term average when fear and capitulation kick in.

JayScottGreenspan

Conrad wrote: »

As ever these charts are rear view affairs falling to spot the bends in the road ahead.

One such unseen bend is ultra low returns on cash, meaning property yields are much higher.

Low returns on cash are a current reality - very much seen.

The unseen bend in the road ahead is when interest rates have to go up. No one knows!

carolt

So how much does an ounce of silver cost now, then?

Generali

carolt wrote: »

So how much does an ounce of silver cost now, then?

At the last 'fix' this morning (UK time) the price was £8.65/troy ounce.

There are about 14.5 troy ounces in a avoirdupois ('normal') pound. Alternatively, a troy ounce is approx 31.1g.