I don't want to sound hypocritical to my previous posts but Silver bullion bars might be a better alternative to safehousing your purchasing power then gold1: Silver is worth less then gold and is thus more practical as a form of money2: Silver is used in many industrial processes,  which makes it a manufacturing commodity3: To my knowledge,  If y…[Read more]

I still remember around the year 2000, maybe a little before that when you could buy a house for 120 000,  and lots of people where earning 40-50k a year,  If you saved up hard for a few years you could go buy yourself a house,  stop paying rent and you would be well off.Now days houses are 300k+ and most peoples wages would barley cover the re…[Read more]

Of corse you can still make sizable profits the further up in the food chain you go,  But your talking about multi million dollar outlays,  Millions of western people starved,  and the majority of people lived in great poverty during the great depression,  But that didn't stop the rothchilds and other elite familys multiplying there fortunes tim…[Read more]

I have to say,  Don't listen to misinformed people,  Or people who have a ulterior motiveFirstly I have to say that its quite possible that property might fall 50% like Scamp says,  Unlike what most people assume will happen if there is a crash,  Property prices won't go down to a more realistic value,  They will go down beyond there true mark…[Read more]

Builders,  Plumbers and Electricians are licenced trades,  Anyone doing jobs within these areas needs to be a licenced tradesman,  Anything else can be done by anyone

Short Answer: NoDo some ecconomic reasearch from non mainstream sources and found your own opinion before you take the diveAnd as for hervey bay,  That is where I live,  building has grinded to an almost halt and property prices are stagnating,  It looks as if the prices won't hold there ground much longer

Scott No Mates wrote:

hbbehrendorff wrote:
Bull ? like the property market crashing ? thats not bull thats reality…

What correction?http://www.smh.com.au/news/national/what-crisis-sydneys-47m-house/2008/09/17/1221330929879.html

Please tell me what Percentage % of the population could afford a property in this price range,  Then we will…[Read more]

devo76 wrote:
I think everyone appreciates a opposing view point but you take it beyond that and end up far from what this forum is about.I personally do not understand why you are here. You do not want to invest in property and you dont want to help others. You just want everyone to convert to your line of thinking and you get worked up when…[Read more]

Wow,  Could a mod or Steve tell my why my posts are being censored and why my IP was blocked ? I have not broken any of the forum rules or conditions.I made another account and made 3 posts before it was deleted and the account blocked,  Now access to my original account has been reinstated ???  Yet I have recieved no warning or notification fo…[Read more]

Equity is just another smart way for banks for make money from you… "be smart, use your house as equity" you will pay lower interest rates on a equity loan rather then say a 13% car loan, also the loan term with equity is much longer…Its really good because after your house magically becomes worth double a few years after buying it (Even…[Read more]

Anyone who tells you positive news about the housing market is deceiving you,  the Average house will not be $600,000+ in 5 or even 10 years time.Wages increase over the past 10 years have been 1.5% pa, The current average australian wage is 55k taking compounding into account in ten years the average wage will be $63,829.75The average australian…[Read more]

The fact is inflation is much higher then 5%,  my figure was only as an example,  Even in a term deposit your purchasing power will deteriorate,  Also the government will tax you on your so called "profits"  Even with a 6% term depost your really loosing at minimum 1% per year and people wonder why there superannuation fund can't support them onc…[Read more]

Steven Keen is 100% right,  The whole western ecconomy is built apon so much debt its almost impossible to comprehend,  Fractional reserve banking is a cancer that has brought us to the brink of a total western collapse,  The western world dosent even produce enough food to feed ourselfs and we don't produce anything,  We are consuming based ecc…[Read more]

I never said gold was the one and only uber investment that will make you rich,  What im saying is that Gold is a safe investment that will maintain the same purchasing power over time.  If you have 1kg of Gold bars in your safe,  It dosent matter if the price fluctuates,  because you still have 1kg of gold and its certain it will keep your cur…[Read more]

hahah  Today was the biggest jump in gold since 1999…. I'm wrong yet again… And I will continue to be wrong when gold is $2000 an once.Wait.. I stand corrected… http://www.bloomberg.com/apps/news?pid=20601087&sid=aZKOrbcOFw6w&refer=homeAccording to this article gold has had the biggest increase for 26 yearsHmmm, it seems people are finally l…[Read more]

http://www.youtube.com/watch?v=x1V5iu715rc

Gold has stood the test of time,  Paper pulled out of a magic hat will not.Gold was $21 an ounce in 1930 now it is almost 40 times that value,  while your paper money's value has continued to loose its worth.Every time you rebuttal by insulting my character and throwing accusations you prove your limited grasp of world ecconomics and your m…[Read more]

Wow,  Today AIG went under and was bailed out from the federal reserve,  Australian stock market down… It appears Im being proven wrong more every day.Perhaps now is the perfect time to but a new SS and a $500 000 house… after all,  it will double in the next year or two. lmao

rudo1ph wrote:

hbbehrendorff wrote:
I would appreciate if misinformed people do not start throwing insults because the truth is to unbelieve to believe, If you really think I'm that wrong support your argument with facts not character defamation

I think that's what called the pot calling the kettle black.

can you explain why ? instead of…[Read more]

Bull ? like the property market crashing ? thats not bull thats reality…