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Reply to: Property DOOM™

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Previously on "Property DOOM™"

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  • GreenMirror
    replied
    They have a long way to fall yet. Hopefully.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by Hobosapien View Post
    Physical gold.

    There will be a rush to prove they have the physical backing if the ETF requires it, though like fractional reserve banking and many other businesses that rely on customers only wanting a fraction of what they're paying for, it's just another scam to oversell a commodity to make more profit as they aren't held accountable when the shortfall materialises as it's part of the business plan.

    Leave a comment:


  • Hobosapien
    replied
    Originally posted by TwoWolves View Post
    Contrarian indicator. Buy gold.
    Physical gold.

    There will be a rush to prove they have the physical backing if the ETF requires it, though like fractional reserve banking and many other businesses that rely on customers only wanting a fraction of what they're paying for, it's just another scam to oversell a commodity to make more profit as they aren't held accountable when the shortfall materialises as it's part of the business plan.

    Leave a comment:


  • TwoWolves
    replied
    Originally posted by scooterscot View Post
    Debt crisis. 2008 was the cartoon before the main feature. ETF's are about to fail the world over. Just wait until those muppets claiming their physical gold value from their gold ETFs.... fireworks.
    Contrarian indicator. Buy gold.

    Leave a comment:


  • scooterscot
    replied
    Originally posted by BR14 View Post
    any space i'm in is safe, - for me, anyway
    You can keep your space, your brain farts melt the wallpaper.

    Leave a comment:


  • BR14
    replied
    Originally posted by Old Greg View Post
    Somebody needs their safe space!
    any space i'm in is safe, - for me, anyway

    Leave a comment:


  • Old Greg
    replied
    Originally posted by BR14 View Post
    and more thread pollution FFS - why don't you lot find a life , or even 10% of one
    Somebody needs their safe space!

    Leave a comment:


  • BR14
    replied
    and more thread pollution FFS - why don't you lot find a life , or even 10% of one

    Leave a comment:


  • scooterscot
    replied
    Debt crisis. 2008 was the cartoon before the main feature. ETF's are about to fail the world over. Just wait until those muppets claiming their physical gold value from their gold ETFs.... fireworks.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by TwoWolves View Post
    It's not Brexit, property prices are falling the the US and Australia too.
    That's the spirit!

    Leave a comment:


  • TwoWolves
    replied
    It's not Brexit, property prices are falling in the US and Australia too.
    Last edited by TwoWolves; 14 December 2018, 10:19.

    Leave a comment:


  • AtW
    started a topic Property DOOM™

    Property DOOM™

    'No change on the horizon' as property prices continue to fall

    House prices are continuing to fall across the country as buyers and sellers "sit tight" amid the political uncertainty caused by Brexit, according to the Royal Institution of Chartered Surveyors (Rics).

    It found that the number of people looking for a new home between October and November fell 6pc, while the number of agreed sales dropped 5pc. The impact of softer demand meant house prices slid 1pc last month, it said.

    Rics' monthly residential market survey, which gathers the views of more than 300 chartered surveyors across Britain, also found that there was a prevailing trend in the lack of properties being listed for sale, with the average number of properties on estate agents' books now...

    'No change on the horizon' as property prices continue to fall

    The only safe place is to own luxury bedsit in Bham...
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