This crisis feels young. It doesn’t even have a name yet. It’s happening by stealth

Electrum

This crisis feels young. It doesn’t even have a name yet. It’s almost happening by stealth.

A fund manager suggested to me the other day that this might be “the one”, the crisis that’s been coming for so long but keeps getting put off. Who knows, maybe it is.

But I make the observation that the selling is relentless. If this crisis really gets going, then the outlook for property is ugly. Deflation in oil is going to catch up and there will be similar deflation in property.

The best way to play all this is, simply, to hold cash, real assets fine art, gold and silver.

Or as fine art on silver, for example, micro mintages, semi numismatic art silver bullion.

CLAPTON

Electrum wrote: »

This crisis feels young. It doesn’t even have a name yet. It’s almost happening by stealth.

A fund manager suggested to me the other day that this might be “the one”, the crisis that’s been coming for so long but keeps getting put off. Who knows, maybe it is.

But I make the observation that the selling is relentless. If this crisis really gets going, then the outlook for property is ugly. Deflation in oil is going to catch up and there will be similar deflation in property.

The best way to play all this is, simply, to hold cash, real assets fine art, gold and silver.

Or as fine art on silver, for example, micro mintages, semi numismatic art silver bullion.

there is a glut of oil
there is a shortage of property in London and the SE
it would seem the parallels are almost exact.

Crashy_Time

CLAPTON wrote: »

there is a glut of oil
there is a shortage of property in London and the SE
it would seem the parallels are almost exact.

They used to say that about Aberdeen didn`t they? Price is ability/willingness to pay plus demand/desire for product, not just demand, and anyway where are the masses of homeless just now, don`t tell me, they are all 8 to a room in Rigsby Land or with their parents (rent free in many cases so no demand there IMO)

michaels

Silver is the answer...now what was the question?

More serriously is the 'R' word starting to crop up in the press yet?

Crashy_Time

I agree that there are big straws in the wind now that may not have been such an issue a few years ago (Italy, China, US policy decisions, to name a few) something has to give, and the bubble has been blown so long it won`t be a nice experience when it pops, ESPECIALLY for the highly over-leveraged/indebted (companies and sheeple)

michaels

Suppose Hilary Clinton implodes and the new US prersident in 12 months time is either Bernie or Donald (ie imagine here having to choose between our Nige and Jeremy). Surely all bets would be off. And HC does have questionable health and possible legal trouble over emails.

purch

Deflation has been, and will continue to be the biggest danger to the World economy.

westernpromise

Electrum wrote: »

The best way to play all this is, simply, to hold cash, real assets fine art, gold and silver.

And tinfoil.

westernpromise

Crashy_Time wrote: »

They used to say that about Aberdeen didn`t they? Price is ability/willingness to pay plus demand/desire for product, not just demand, and anyway where are the masses of homeless just now, don`t tell me, they are all 8 to a room in Rigsby Land or with their parents (rent free in many cases so no demand there IMO)

The preoccupation with Aberdeen is getting hilarious.

What's your BCR Crashy? Was I right? Is it 161%?

Do you need houses to be free?

mystic_trev

Electrum wrote: »

semi numismatic art silver bullion.

.........or semi automatics and beans.

mystic_trev

westernpromise wrote: »

The preoccupation with Aberdeen is getting hilarious.

Apparently some bird dumped him there and he's never been able to get over it :sad: