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Predictions For 2011

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Comments

  • Jim_B_3
    Jim_B_3 Posts: 404 Forumite
    People in the UK realise that miserable cold and being buried under a foot of snow is actually the norm for most of the UK during Winter, and the last couple of decades have been unusual. Accordingly, the price of houses increases the further south you go (even more than it does already) and in all areas that get affected by snow isolated houses way out of town that become effectively cut off over Winter shed both price and value (yes, they are two different things) faster than the lib dems dropped their convictions (little bit of politics there:) )
  • If any one of my predictions fails to see through to this time next year I'm more than happy to say I was wrong. Now anyone else prepared to do likewise and nail their own predictions to the mask?

    Only one prediction.

    However many times you get banned and re-appear as a different alias with however many witty variations of name incorporating the word "Ghoul" you will consistently ramp the property market with a lack of intellect and objectivity.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 19 December 2010 at 5:41PM
    But he didnt short the dollar. He doesnt use leverage and I believe he has made a profit on his dealings. In early 2009 he looked stupid but since then his advice has been good for reasons you already know.

    I think Jim Rogers is the guy who shorts stuff including usa treasuries at times. Last I heard he is long the dollar

    On average over decades I think its true the dollar has been a reasonable store of value, far better then sterling. If that werent true they might not be able to borrow so easily and cheaply
    Its the future case that might alter, who knows but that is where schiff and others recommend being invested outside of dollar reliant companies


    +40%
    -20%
    unknown
    +600%
    +80%

    Assuming the currencies these shares are in have stayed ok, I believe they have then average gain would be 175% ?

    Exclude the big gainer, assume the unknown value for the vietnam company halved in value and its still an average gain of 50%
    The big gainer, skyworth was up 2000% at one point though it 600% now. It only has a PE of 12 still, I wonder why it fell so much
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    But he didnt short the dollar. He doesnt use leverage and I believe he has made a profit on his dealings. In early 2009 he looked stupid but since then his advice has been good for reasons you already know.

    he avoids big global players that trade on U.S. exchanges because they tend to be well-known and thus fully valued, and have too much exposure to the troubled U.S. economy.

    Last time I looked the S&P index was up going on 90%. I would like to see his performance figures (not just 5 penny shares) over 2007-2010 compared to the marker.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • purch
    purch Posts: 9,865 Forumite
    The Rothschilds own the Reserve Bank of America- it is not a state owned bank

    They may own it, but from what I can tell the Reserve Bank of America doesn't have a license, has no branches and undertakes no Banking activities.

    The question is, who owns the 12 seperate Federal Reserve Banks in the United States who report to the Board of Governors of the Federal Reserve system ?.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • purch
    purch Posts: 9,865 Forumite
    But he didnt short the dollar

    That's even worse.

    The fool spends months telling all who will listen to his insane bi-polar rants that the Dollar is finished.

    Then doesn't even follow his own advice.:eek:

    Remember Schiffs other favourite piece of 'advice'........"Stocks will Crater" !!!!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • System
    System Posts: 178,371 Community Admin
    10,000 Posts Photogenic Name Dropper
    Generali wrote: »
    Assuming the sovereign debt crisis comes to an end, pretty much, and there is no sterling crisis:

    Economy - 1.5-2% growth.
    Unemployment - 2.5-3million
    Interest Rates - Flat. Perhaps more QE.
    House Prices - Flat to down slightly in nominal terms
    Landlords/Tenants - Rents continuing to rise by less than inflation.
    RPIX/CPI - Probably at or near a peak right now.

    A Sterling crisis would really screw things up. The pound can't fall much further without real pain starting to be felt by people buying internationally traded stuff (eg food, fuel). Almost all the inflation in the UK is from imported stuff and almost none is being generated within the UK itself. A recession in Asia would be very helpful to the UK as it would reduce import prices but the UK exports very little to Asia.

    At the risk of soundling like a massive cop out... what he said.

    Except for the bits about sterling crises which I don't understand ;)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    edited 19 December 2010 at 11:08PM
    StevieJ wrote: »
    Last time I looked the S&P index was up going on 90%. I would like to see his performance figures (not just 5 penny shares) over 2007-2010 compared to the marker.

    Euro Pacific Capital is mostly a brokerage (ie puts buyers and sellers in contact with each other like an estate agency). They do run mutual funds too.

    http://www.europac.net/docs/Halter_China_Fund_Fact_Sheet_9.2010.pdf

    Up 29.6% ex-charges since inception on 31st July 2009, 24.59% including charges. They look to outperform the MSCI China Index which is up 9.13% (ex-charges) over the same period.

    http://www.europac.net/docs/Value_Fund_Fact_Sheet_10_2010.pdf

    Up 1.35 ex-charges, down 3.2% including charges. They compare against the MSCI World Ex USA Index which is down 2.75% (ex-charges) since inception on 7th April 2010.

    http://www.europacificfunds.com/pdf/Bond_Fund_Fact_Sheet_11_2010.pdf

    Only just started so doesn't have return figures.

    As I say, they are mostly a brokerage so it's probably not really fair to judge them on the performance of their mutual funds. It would be like judging Porsche on the performance of their bicycle sales. They make bikes but it's not really where they look to make their main money nor is it their main area of expertise..
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    At the risk of soundling like a massive cop out... what he said.

    Except for the bits about sterling crises which I don't understand ;)

    A sterling crisis is where the value of the pound against other currencies falls quickly making it difficult and expensive to import things like oil and food.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    At the risk of soundling like a massive cop out... what he said.

    Except for the bits about sterling crises which I don't understand ;)

    A sterling crisis is where the value of the pound against other currencies falls quickly making it difficult and expensive to import things like oil and food.
    StevieJ wrote: »
    Last time I looked the S&P index was up going on 90%. I would like to see his performance figures (not just 5 penny shares) over 2007-2010 compared to the marker.

    Euro Pacific Capital is mostly a brokerage (ie puts buyers and sellers in contact with each other like an estate agency). They do run mutual funds too.

    http://www.europac.net/docs/Halter_China_Fund_Fact_Sheet_9.2010.pdf

    Up 29.6% ex-charges since inception on 31st July 2009, 24.59% including charges. They look to outperform the MSCI China Index which is up 9.13% (ex-charges) over the same period.

    http://www.europac.net/docs/Value_Fund_Fact_Sheet_10_2010.pdf

    Up 1.35 ex-charges, down 3.2% including charges. They compare against the MSCI World Ex USA Index which is down 2.75% (ex-charges) since inception on 7th April 2010.

    http://www.europacificfunds.com/pdf/Bond_Fund_Fact_Sheet_11_2010.pdf

    Only just started so doesn't have return figures.

    As I say, they are mostly a brokerage so it's probably not really fair to judge them on the performance of their mutual funds. It would be like judging Porsche on the performance of their bicycle sales. They make bikes but it's not really where they look to make their main money nor is it their main area of expertise.
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