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dietcolaaddict

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Everything posted by dietcolaaddict

  1. dietcolaaddict

    Worldwide House Price Charts

    Great Thread! Steve Netwriter, your regular contributions are much missed !
  2. New phrase I like in the media that rings true: "Scortched earth policy"
  3. dietcolaaddict

    GOLD

    'Failed smackdown pattern' developing currently in NY time. In my experience, this is bullish for the week ahead.
  4. dietcolaaddict

    GOLD

    Customer email from Goldmoney: G O L D M O N E Y A N N O U N C E M E N T Dear Sir or Madam, The Deutsche Edelmetallgesellschaft and GoldMoney are pleased to invite you to the "Silver & Gold" Event on Tuesday, 8th June 2010 Start: 19:00 pm (Doors open: 18:40 pm) Venue: Frankfurt am Main, Hotel Monopol, Room Haydn, Mannheimer Str. 11-13, D60329 Frankfurt a.M., Tel. 069 22737-0, directly at central train station Speakers at this event are GoldMoney founder James Turk and 'Silberjunge' Thorsten Schulte. The host speaker will be DEG-Co-founder Peter Boehringer. Attendance is free for GoldMoney customers. Reservations can be made (to be guaranteed a place) by Email to peter.boehringer@edelmetallgesellschaft.de. We look forward to meeting you.
  5. dietcolaaddict

    GOLD

    Gold has increased more in £ and $ terms than as a basket of currencies (USDX weighted). The kitco gold index since 2000: PS Record high in $ coming this NY pm by the looks of it
  6. dietcolaaddict

    GOLD

    Gold closing in on its record high in USD today. There is a jump up this morning in london hours. Anyone know why?
  7. Another election by Winter ? This won't hold together long there are too many factions with opposed or self-protecting policies for this to last.
  8. dietcolaaddict

    GOLD

    UK stuck in a nightmare scenario of hung parliament and indecisive governance during a developing soverign debt crisis. It's a perfect storm. Even house prices are down (MoM -0.1% halifax for April, with +ve expected). 200 oz for a house by mid-summer ? (and then lower in 2012/13/14?)
  9. dietcolaaddict

    It's gonna be Cameron

    I'm off to bed at 3.20 am. It's too close to call at the moment - hung or Tory majority. Some of the BBC's early projections, based on % swings and early declared seats and exit polls, are proving contradictory and irregular. I think there are 2 unpredictable factors here: + high turnouts at often 60%+. So people who do not often vote have turned up at the ballot box + boundary changes so not comparing like with like across the country
  10. This caught my eye. Unusual timing for a world record sale of artwork at auction. My thoughts are that wealth is trying to get out of cash, bonds, equities, property etc. and into assets that are a physical form. Artwork, bullion and commodities fit this description. Picasso painting fetches record auction bid in New York http://news.bbc.co.uk/1/hi/world/americas/8661562.stm
  11. dietcolaaddict

    GOLD

    It's not a rocket. It's an appropriate aeroplane pic to celebrate a new GBP price landmark!
  12. dietcolaaddict

    GOLD

    Good analysis RH, I agree with you, and am buying dollars at the moment with £ monthly savings. Can't stomach buying into the current strength of the GBP price of gold
  13. Now the UK general election is announced for May 6th, I'd like to start a thread to discuss the live TV debates between Brown-Cameron-Clegg as and when they happen. The BBC is now suggesting that debates will be on successive Thursdays (see below). I assume this to be accurate info - it takes too much lead-in time for this not to be already finalised amongst the 3 political parties and the 3 broadcasting channels. Besides, the swing voters won't watch on a Champions League football night or on a friday when the pubs/clubs are open late, so Thursday seem right. Timetable to Election 2010 source : http://news.bbc.co.uk/1/hi/uk_politics/8496591.stm Here are polls from April 1st onwards. Source: http://www.ukpollingreport.co.uk/blog/ UKPR Polling Average Con 38 Lab 30 LD 20 Latest UNS Projection Conservates 18 short of majority Con Lab LD YouGov 5 Apr 41 31 18 Con +10 OP 5 Apr 39 29 17 Con +10 ICM 3 Apr 37 33 21 Con +4 YouGov 2 Apr 39 29 20 Con +10 ComRes 1 Apr 38 27 20 Con +11 YouGov 1 Apr 39 31 19 Con +8 It looks like the TV debates will be uber-critical in deciding which party can form a government here, as things are too tight to call from this data and there are plenty of swing voters to win over. I also suspect that both Cameron, with his TV polish, and Brown, through his dominant demeanour, will fancy scoring a knock out blow.
  14. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    Teen breaks down before Brown at Citizens UK event http://news.bbc.co.uk/1/hi/uk_politics/ele...010/8658679.stm A protester has invaded the stage as Gordon Brown addressed the Citizens UK Meeting in London. http://news.sky.com/skynews/Home/Politics/...eting_In_London
  15. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    David Cameron Nick Clegg Gordon Brown
  16. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    My observations: David Cameron Cameron was first to speak and turned up early for his slot. This was a little embarrassing as they had a ‘performance group’ presentation on stage while he sat waiting to go on – highlighting past asylum seekers who had settled in the country and who now contributed to UK society. He looked awkward as this went on given manifesto policies. He spoke with a lot of energy and made thorough comments on all 6 issues. He genuinely seemed to like the idea of community groups formed and run without state interference. As the audience was heavily London-based, he referred a lot to Boris Johnson’s support of London community work and adoption of the ‘Living Wage’ by some of Mr Johnson’s authorities. He stated his opposition to the immigrant amnesty policy (in a polite yet forceful way). Was in favour of donating land for community land trusts although offered no more concessions for Priced Outs. Dealt easily with questions by the amateur-ish hosts on stage, in the end looking annoyed at their excessive pressing for pledges of support post-election (in a kinda “who are these part-time hosts” way) . Cameron relied heavily on scripted notes during his speech – this I did not expect - but was off-script in his responses and did come across well when speaking without notes – not ‘gimicky’ or ‘soundbite-hungry’ as I felt he was on TV. He actually appeared quite genuine and enthused and very much more ‘at home’ in the town hall atmosphere of the Methodist Central Hall than on TV. This surprised me. Nick Clegg Timed his entrance so to avoid any hanging around beforehand – straight in and onto the stage. Spoke off-script with only a few limited notes to help him along. Was less willing to make pledges on the main issues he was supposed to address than the other two and preferred to re-iterate specific pledges given by his party (i.e. he refused to endorse this ‘Living Wage’ idea instead preferring to state again the policy of first £10k taxfree earnings’). Some of the 6 issues he avoided discussing in detail. Has clearly has realised that his ‘fairness’ speeches work best – lots of references to bankers paying less tax through capital gains that average workers etc. Offered no concessions for Priced Outs but liked community land trust ideas without making a commitment. Has already agreed to back the immigration amnesty proposed by this group and the speaker before him was an ‘illegal’ Malaysian woman asylum seeker who was clearly contributing to British society. This gave him an easy start relative to the others. Made positive noises about community groups but was cautious on money lending ‘cap’ regulations. Clegg does have a natural charisma on stage and the ability to make the audience hang onto his words. He also is able to sense what the audience like and adapt his speech accordingly. However Clegg seemed quite reluctant to commit to specific things – even to agree to make time for an annual meeting with this group – perhaps knowing that he may hold a lot of cards on Friday and have to keep his future options open. Gordon Brown He had an awkward introduction like Cameron. Beforehand were two treasury department cleaners who talked about being unable to afford to live in London on their salary – one said she ate only lentils for one week a month and that she got up at 3am to travel to work for a 6am start because she could not afford better methods of transport. The second lady broke down in tears describing her financial hardship. Remember, these ladies worked in Brown’s old department. Gordon got out a hankerchief for them to wipe tears and gave them a cuddle. This was a bit cringeworthy. I learned a lot about Gordon Brown in his 10 minute slot. Firstly, and being nice, he is as tough as old boots – you might wish to interpret that as pigheaded and singleminded – but still; a protestor jumped on stage half way through blaring something inaudible in a nasty manner with a scrawled banner above his head– Brown just carried on regardless and kept going with his speech. “I’m used to much worse” he retorted back at the young, out-of-his-depth chair in a brief pause. Secondly, he is pretty intimidating – the two community leaders bottled any decent questioning of him afterwards in their 2 minute questioning slot letting him take over with more reinforcement talk of his policies. But most importantly there was a hint of desperation about him. He immediately agreed to sign up to the ‘Living Wage’ plan for all Whitehall staff after hearing the cleaners’ story, he agreed to do something post-election about the detention of children in immigration centres and said he would meet with this community group – not once a year – but three times a year. It was a contrast to ‘Cautious Clegg’ beforehand who would not say a definite yes to anything the group requested of his time. Brown seemed a bit “Double Gazing Salesmanlike” – saying ‘Yes’ to anything to get the deal done. There were heckles only at the end and he replied with “If you have any issues please write to me and I will reply” which sounded really desperate as this is clearly an impossible action in time for Thursday. Brown was repetitive in his speech just like the TV presentations “tax credits, secure the recovery” etc. and was very anti-HPC in his message declaring that low interest rates were here to stay. Dodged many issues - such as the cap on interest rate for unsecured loans - preferring to re-iterate his low interest rate policy. He spoke offscript and did not follow his remit to address these 6 issues. A final note : his speech was quite impassioned with references to his youth and upbringing – I can see how the young Brown would have risen through the junior labour party ranks with this style. But for a sitting PM, surely it should be more policy and less passion.
  17. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    Well, I got to see Brown, Cameron and Clegg speak in the end…… Today there was a 2500 ticket event held at the Methodist Central Hall in Westminster, where all three party leaders spoke separately to the crowd for 10 minutes. It was at the Methodist Central Hall in Westminster and hosted by CitizensUK, a non-political and not-for-profit organisation aiming to build community networks and alliances to “identify workable solutions to key challenges identified by civil society”. Their idea is to build a framework for community groups, churches, schools, sports clubs to obtain a more influential voice http://www.citizensuk.org/ I obtained a ticket through a friend of a friend who heard of my ‘near miss’ with the Manchester debate. I do not want to highlight the work of this group – I agree with only some of their policies - but want to blog the occasion and thus need to give a little background. Each leader spoke for 10 minutes and took 2 minutes of questions from community leaders on stage such as a schoolteacher, representative from the Christian/muslim community or youth group leader. The crowd were allowed to react and clap but had to agree to be ‘respectful’. All three leaders appeared individually and left straight after their time on stage with no overlap. Leaders could talk on their own issues but were asked to comment (and pledge post-election support, if they felt they could) on six issues highlighted by CitizensUK: + Recognising civil society as an equal partner with good government and competitive markets in the governance of a healthy society + Facilitate affordable owner-occupied housing through community land trusts given land endowed by government at sites such as the Olympic Legacy Park in London + Adopt the ‘Living Wage’ (a minimum wage = actual cost of living) in public sector and to champion it in private sector + End the detention of children in immigration centres + Create a 20% interest rate cap on unsecured money and bring access to affordable credit to communities + One-off conditional ‘earned regularisation’ for long term migrants illegally in the UK In the next post I will write some observations. Later on when home I will post some photos.
  18. dietcolaaddict

    HPC down at the mo??

    I like this analogy . There is nothing wrong with spoiling a voting form - its far better than the apathetic action of not voting. Spoiling says "None of the above"
  19. I agree. This is the type of thing you look back on in a year or two after the SHTF and say "well, we were warned" Very ominous.
  20. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    YouGov's instant poll: Cameron wins on 41%, Nick Clegg on 32%, Gordon Brown on 25%
  21. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    Agreed. Clegg knows how to connect with the ordinary person. Brown and Cameron do not. When flustered or stressed, Clegg is able to keep to common sense issues, while Brown repeats rehersed lines continuously "tax credits...tax credits...tax credits.....". Cameron on the other hand becomes a bit gimicky and tends to drift off topic
  22. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    I must say that the BBC did a classy job of hosting this. Best presentation by far and well controlled by Dimbleby. Best questions, including an HPC related-one (as underling says, none of the leaders answered it!)
  23. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    Final statements : Cameron: We need a government with great values, that backs families, work, safe society. How we look after most vulnerable is the true test of government. Clegg: Better and fairer britain. Fair start in life, fair taxes. Brown: Thanks everyone involved in these debates. Tories would put recovery at risk. Other parties will cut policing, tax credits, health services,
  24. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    Tonight's first comedy moment : Cameron again makes the cringeworthy comment that "my children go to state school". Teacher who asked question not looking impressed. Cameron just said it a second time
  25. dietcolaaddict

    UK General Election - Prime Ministerial TV debates

    Question 8 - better questions tonight - BBC are doing a good job here. Question from teacher from deprived area of Birmingham: What would leaders do to provide better opportunities for the children I teach ?
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