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tinecu

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Everything posted by tinecu

  1. Property will be impossible to exit if IRs go up as MA predicts. The whole market is leveraged to max and will die a thousand deaths.
  2. looks like the crash in Central London is well underway http://www.home.co.uk/guides/asking_prices_report.htm?location=belgravia&startmonth=01&startyear=2014&endmonth=01&endyear=2015 http://www.home.co.uk/guides/asking_prices_report.htm?county=londonc&startmonth=01&startyear=2014&endmonth=01&endyear=2015
  3. tinecu

    UK House prices: News & Views

    See: http://www.home.co.uk/guides/asking_prices_report.htm?location=belgravia&lastyear=1
  4. http://cluborlov.blogspot.fr/2014/10/how-to-start-war-and-lose-empire.html Says it all.
  5. tinecu

    UK House prices: News & Views

    http://www.home.co.uk/asking_price_index/HAPIndex_MAY14.pdf London Property Bubble Confirmed. Home prices in Greater London leapt a further 2.4% over the last month, bringing the annual rise to an alarming 20.8%. Home Prices accelerate bringing the average annual appreciation for England and Wales to 9.2%. Typical time on market drops further to 90 days as the regional markets slowly heat up. Supply of properties for sale entering the market: Down 50% vs. April 2008.
  6. "Ominous" Predictions for 2014 : clouds Here are some 2014 Predictions from the uber doomsters: http://www.zerohedge.com/news/2013-12-13/faber-rogers-dent-maloney-stockman-%E2%80%93-what-do-they-say-coming-2014 Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core. Many of the quotes that you are about to read are from individuals that actually predicted the subprime mortgage meltdown and the financial crisis of 2008 ahead of time. So they have a track record of being right. Does that guarantee that they will be right about what is coming in 2014? Of course not. In fact, as you will see below, not all of them agree about exactly what is coming next. But without a doubt, all of their forecasts are quite ominous. The following are quotes from Harry Dent, Marc Faber, Gerald Celente, Mike Maloney, Jim Rogers and nine other respected economic experts about what they believe is coming in 2014 and beyond... -Harry Dent, author of The Great Depression Ahead: "Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest." -Marc Faber, editor and publisher of the Gloom, Boom & Doom Report: "You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically." -Gerald Celente: "Any self-respecting adult that hears McConnell, Reid, Boehner, Ryan, one after another, and buys this baloney… they deserve what they get. And as for the international scene… the whole thing is collapsing. That’s our forecast. We are saying that by the second quarter of 2014, we expect the bottom to fall out… or something to divert our attention as it falls out." -Mike Maloney, host of Hidden Secrets of Money: "I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history." -Jim Rogers: "You saw what happened in 2008-2009, which was worse than the previous economic setback because the debt was so much higher. Well now the debt is staggeringly much higher, and so the next economic problem, whenever it happens and whatever causes it, is going to be worse than in the past, because we have these unbelievable levels of debt, and unbelievable levels of money printing all over the world. Be worried and get prepared. Now it [a collapse] may not happen until 2016 or something, I have no idea when it’s going to happen, but when it comes, be careful." -Lindsey Williams: "There is going to be a global currency reset." -CLSA's Russell Napier: "We are on the eve of a deflationary shock which will likely reduce equity valuations from very high to very low levels." -Oaktree Capital's Howard Marks: "Certainly risk tolerance has been increasing of late; high returns on risky assets have encouraged more of the same; and the markets are becoming more heated. The bottom line varies from sector to sector, but I have no doubt that markets are riskier than at any other time since the depths of the crisis in late 2008 (for credit) or early 2009 (for equities), and they are becoming more so." -Financial editor Jeff Berwick: "If they allow interest rates to rise, it will effectively make the U.S. government bankrupt and insolvent, and it would make the U.S. government collapse. . . . They are preparing for a major societal collapse. It is obvious and it will happen, and it will be very scary and very dangerous." -Michael Pento, founder of Pento Portfolio Strategies: "Disappointingly, it is much more probable that the government has brought us out of the Great Recession, only to set us up for the Greater Depression, which lies just on the other side of interest rate normalization." -Boston University Economics Professor Laurence Kotlikoff: "Eventually somebody recognizes this and starts dumping the bonds, and interest rates go up, and inflation takes off, and were off to the races." -Mexican Billionaire Hugo Salinas Price: "I think we are going to see a series of bankruptcies. I think the rise in interest rates is the fatal sign which is going to ignite a derivatives crisis. This is going to bring down the derivatives system (and the financial system). There are (over) one quadrillion dollars of derivatives and most of them are related to interest rates. The spiking of interest rates in the United States may set that off. What is going to happen in the world is eventually we are going to come to a moment where there is going to be massive bankruptcies around the globe." -Robert Shiller, one of the winners of the 2013 Nobel prize for economics: "I'm not sounding the alarm yet. But in many countries the stock price levels are high, and in many real estate markets prices have risen sharply...that could end badly." -David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan: "We have a massive bubble everywhere, from Japan, to China, Europe, to the UK. As a result of this, I think world financial markets are extremely dangerous, unstable, and subject to serious trouble and dislocation in the future."
  7. http://www.zerohedge.com/news/2014-03-19/music-just-ended-wealthy-chinese-are-liquidating-offshore-luxury-homes-scramble-cash " Cash-strapped Chinese are scrambling to sell their luxury homes in Hong Kong, and some are knocking up to a fifth off the price for a quick sale, as a liquidity crunch looms on the mainland.
  8. tinecu

    GOLD

    Odd that China and India are not listed in what seems to be the top 7 buyers?
  9. tinecu

    FRAUDCLOSURE Meltdown Alert

    Interesting take on matters: http://www.truth-out.org/news/item/20285-the-empire-strikes-back-how-wall-street-has-turned-housing-into-a-dangerous-get-rich-quick-scheme-again
  10. tinecu

    UK House prices: News & Views

    There's simply more and more money chasing fewer and fewer houses for sale with no 'real' economy to back up the whole show... hence it's just another Ponzi scheme. http://www.home.co.uk/asking_price_index/HAPIndex_JAN14.pdf
  11. You don't wanna be in a city when it does...so don't live in one.
  12. tinecu

    UK House prices: News & Views

    Predictions for 2014 from the Telegraph... http://www.telegraph.co.uk/property/propertymarket/10539233/Property-market-whats-in-store-for-homeowners-in-2014.html
  13. tinecu

    UK House prices: News & Views

    Not sure about the 'greedy farmers' part?? They might own land but that doesn't make them a farmer!
  14. tinecu

    UK House prices: News & Views

    Move to an up and coming economy...
  15. tinecu

    UK House prices: News & Views

    Check this from the CML... http://www.home.co.uk/guides/news/story.htm?lending_for_house_purchases_bucks_seasonal_slowdown "Supporting potential buyers to take out a 95 per cent mortgage will help the market return to a normalised state..." OMG
  16. tinecu

    UK House prices: News & Views

    http://www.home.co.uk/guides/news/story.htm?help_to_buy_scheme_set_to_push_up_prices_by_15_ Didn't von Mises have something to say about this? ah yes... "The boom can last only as long as the credit expansion progresses at an ever-accelerated pace. The boom comes to an end as soon as additional quantities of fiduciary media are no longer thrown upon the loan market. But it could not last forever even if inflation and credit expansion were to go on endlessly. It would then encounter the barriers which prevent the boundless expansion of circulation credit. It would lead to the crack-up boom and the breakdown of the whole monetary system."
  17. tinecu

    UK House prices: News & Views

    You know the game has turned farce when you see titles like this: "Budget 2013: Gov sees housing market growth key to recovery" http://www.home.co.uk/guides/news/story.htm?budget_2013_gov_sees_housing_market_growth_key_to_recovery It might as well say "Gov thinks the cart will pull the horse"
  18. tinecu

    UK House prices: News & Views

    http://www.home.co.uk/guides/news/story.htm?value_of_money_fell_by_two_thirds_over_the_past_30_years Time to invest in coffee?
  19. tinecu

    UK House prices: News & Views

    http://www.home.co.uk/guides/news/story.htm?china_investing_in_uk_property Even the Chinese are investing in the UK property madness
  20. tinecu

    UK House prices: News & Views

    I've read that 60% of buyers in Central London are foriegn buyers. What is clear is that there is sufficient demand to drive prices even higher http://www.home.co.uk/guides/asking_prices_report.htm?location=shoreditch&startmonth=02&startyear=2012&endmonth=02&endyear=2013
  21. Now that is great news amongst all the doom and gloom. I farm organicly and help provide good, nutricious and uncontiminated food for around 100 families. BTW: Our yields are just as good as your average 'conventional' farmer. In fact, their yields are failing slightly year-on-year mainly due to over use of nitrates.
  22. A rising pound would trigger a big slide in house prices (esp. in Cental London where some 60% of buyers are foreign). The BoE won't let that happen.
  23. Number of properties for sale seems to be at a recent all time low http://www.home.co.uk/guides/time_on_market_report.htm?location=london&all=1 looking at prices http://www.home.co.uk/guides/asking_prices_report.htm?location=london&all=1 It's the top end that has soared (pushing up averages considerably). Look at the median (more representative). No of beds is also indicative.
  24. tinecu

    Living with Electropollution

    I wouldn't poo poo this topic. Many species are known to be highly sensitive to Magnetic Fields, http://www.ks.uiuc.edu/Research/cryptochrome/ It is therefore reasonable to anticipate that EM could interfere with such biological mechanisms (which are only just beginning to be understood). See also: http://www.environmentalgraffiti.com/animals/news-how-your-cell-phone-slowly-killing-bees "In order to test cell phones' effects on bees and their colonies, researchers at Punjab University in Chandigarh, northern India, fitted cell phones to a hive and powered them up for two fifteen-minute periods each day. After three months, they found the bees stopped producing honey, egg production by the queen bee halved, and the size of the hive dramatically reduced."
  25. tinecu

    Living with Electropollution

    I wouldn't poo poo this topic. Many species are known to be highly sensitive to Magnetic Fields, http://www.ks.uiuc.edu/Research/cryptochrome/ It is therefore reasonable to anticipate that EM could interfere with such biological mechanisms (which are only just beginning to be understood). See also: http://www.environmentalgraffiti.com/animals/news-how-your-cell-phone-slowly-killing-bees "In order to test cell phones' effects on bees and their colonies, researchers at Punjab University in Chandigarh, northern India, fitted cell phones to a hive and powered them up for two fifteen-minute periods each day. After three months, they found the bees stopped producing honey, egg production by the queen bee halved, and the size of the hive dramatically reduced."
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