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Debate House Prices
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Tee Hee
Comments
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That and about a zillion other reasons Mr New! Don't get sucked in like I did, it was years before I really accepted he was the real Paul McCartney. It's obviously still more plausable than George Bush being a lizard.
http://en.wikipedia.org/wiki/Paul_is_dead
he did write a load of rubbish after leaving the Beatles.
But back to the subject. Do not have all your eggs in one basket may it be gold, silver, shares or BTL.0 -
I agree, when it goes it's going to be like a tsunami.
People could end up piling into property, particularly London. It's demonstrated it's resilience to just about everything.0 -
A bit of a strange one.
The OP clearly has to get his kicks where he can find them.
Clearly Slim pickens for property bulls at the moment.0 -
I think I saw Clearly Slim Pickens at a C&W festival in Tennessee least year.
As for the OP - I think it reveals everything you need to know about McTavish's personality.All I seem to hear is blah blah blah!0 -
HAMISH_MCTAVISH wrote: »Silver fell 16.6% today
Silver fell 11% yesterday
Gold fell 5.5% today
Gold fell 3.5% yesterday
What are you on about Hamish ?
I thought, from viewing this forum over the last year, that silver and gold were a one way bet. You mean they actually fell ? Perhaps the silver rampers will come back and tell us this is a once in a lifetime opportunity to buy
Perhaps you need to check the data again and stop swigging the crabbies "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. "0 -
I think I saw Clearly Slim Pickens at a C&W festival in Tennessee least year.
As for the OP - I think it reveals everything you need to know about McTavish's personality.
After all the BS we have had from silver spammers in this forum over the last 12 months then I think Hamish is taking a well deserved, and well aimed pot shot."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. "0 -
Spartacus_Mills wrote: »After all the BS we have had from silver spammers in this forum over the last 12 months then I think Hamish is taking a well deserved, and well aimed pot shot.
I see that an investment in gold about 5 years ago would still be worth over 3 times what it cost.
Hamish's pot shot missed. Sure enough, recent investors may have got their fingers burned (at the moment), but anyone who bought gold 12 months ago or more will still be sitting pretty.
Yes, gold/silver investment is a gamble, so what ?30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
I see that an investment in gold about 5 years ago would still be worth over 3 times what it cost.
You know what they say, past performance is no guarantee of future results. Gold and Silver will continue on an upwards trend until they don't anymore, that could be happening now or years down the line, nobody knows.
I sold my gold when the spot hit around $1890.0 -
Sure enough, recent investors may have got their fingers burned
Silver is now down around 40% from peak. It doesn't pay a dividend or yield. You can't live in it or eat it. It has no utility value for the ordinary person beyond that of a shiny bauble..
It's a purely speculative commodity in a monster bubble, though crashing rapidly now.
Whereas UK housing is down just 10% from peak, four years on from the crash. Housing pays a yield, either imputed or realised, of 5.5% or so on average per year. Given that the only choice most people have is to either buy or rent, then for most people in most areas, buying even at peak is now a better financial choice than not buying and renting the equivalent house since.
That daft silverbug and his socky identities have been trying to persuade people that silver is a safe investment, when it's clearly not. Hence the ban. The last time silver crashed in 1980 it took 30 years, with no dividends or yield, for it to approach it's former nominal highs. Those people will NEVER see their money back. Just like the ones that bought silver earlier this year.:cool:“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
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