Forum Replies Created
We are nowhere near those types of levels that you talk about, Levels like that would take many hundreds of years maybe even thousands just to reach your 1%
Governments around the world have spent hundreds of billions of dollars trying to prove Co2 causes global warming but have failed to find any proof, Its a fact that we are comming to the end of this heat cycle and are entering another cold Era as the world is cooling down, different places on earth have incured there coldest winter in hundreds of years
You talk about the suns heat doubling, I have already read that, But I don't see how that has anything to do with Co2 or Global tax.
If Governments where truley concerned about Co2 levels perhaps they would be implementing solutions not global taxes like…
1: replanting forests considering we have hacked down 90% of them around the world
2: stop suppressing advanced techonology to allow cars to run of renewable energy sources like water or solar power
3: Taking real steps to make every house in Australia run off solar energy, If everyones roof was covered with solar pannels we would make multiple times more energy then we need to sustain ourselfs
These things will never happen because profits from oil, gas and power company's would go down to nothing, and we couldn't have that could we ? And further more it would be even worse to allow people to become totaly self suficient would'nt it ?
Because our government does not work for the Australian people, They work for big corporations, Central Banks and Elitists, They are only taking orders from people higher up and behind the scenes. They think they are special like the elitists and will be a part of there utopia if they are well behaved enough.
MasterREL wrote:hbbehrendorff wrote:A boom ?? Are you out of your mind, On what premiss could you bolster up such an opinion, I've never liked Michael Yardney, He looks evil, Anyone who has done any study into physiognomy would probably agree with me.
.Housing shortage , %yield on properties, interest rates and government intervention are some of the reasons. I have noticed a few of the larger property investors saying the same thing. Here's a link to population growth comment in NSW http://www.news.com.au/story/0,23599,24522178-29277,00.html
While I am bearish on the whole financial scene we may see a property spike in the coming months. Its when the cdo (Collateralized debt obligations) start to blow up that I will begin to worry.
ferrari's, jet skis, million dollar jobs and hot nurses are also in short supply, But I don't really see your point. especially considering there is 900 000 empty houses in Australia, Even if there was a shortage, If the price is to high people can always move back in with mummy.
I don't really see how your formulate the yeild on property is increasing but at the end of the day, The yeild can be all that and a bit more, But that won't really change much if people can't afford to buy.
Interest Rates will make inflation hit through the roof, Along with our crashing dollar will result in increased import costs (Food) and people spending more of there pay % on the cost of living, Leaving them less expendable cash for trinkets like negative geared property, After all, Dosen't everyone still need to pay off there VE SS and there 50 billion dollar credit card ?
Government intervention ? You mean giving pensioners an extra $1000 for bingo night ? Or are you talking about liquidity for banks so they can purchase more bad derivatives and get control of those last cheap gold mines ?
With the population growth thing, Do you realise that without immigration our population growth is negative right ? If this global crisis gets bad enough, People won't be moving anywhere.
wallyt99 wrote:Man you guys sure are naive about climate change.Two links from respected sources that you should read.
http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/04/24/eaarctic124.xml
Quote:In September 2007, the sea ice shrank to 39 per cent below its 1979-2000 mean level, the lowest since satellite monitoring began in 1979 and also the lowest for the entire 20th century based on monitoring from ships and aircraft.The IPCC had said that if the entire Greenland Ice Sheet were to melt sea levels would rise 7.3 metres with consequences across the globe.
http://www.abc.net.au/science/news/stories/s866600.htm
Quote:Their tide-measuring station on Papua New Guinea's Manus Island, 1,100 km west of the atolls, has measured an annual 8.2 mm rise in sea-levels over the past seven years.The Solomon Islands station, 750 km to the south, has recorded an annual 6.2 mm rise over the past eight years. Nauru, 1200 km northeast, has recorded 5.6 mm per year over nine years.
Did you listen to anything I said ? The sun has been heating up in the 20th century, Now we are entering a new cold era and the temperature will fall greatly.
Sir, Do you even know what carbon dioxide is ? I employ you to do some research and actually find out what Co2 is, Co2 is not harmful or toxic in anyway, It is one of the most important elements there are to sustain life, I refere you to this basic diagram of photosynthesis
http://grapevine.net.au/~grunwald/une/KLAs/science/irrigation-photosynthesis.gif
The government already owns the water, Your not even allowed to collet rain water without government approval, My family owns cotton farms and they have to pay for the water that falls out of the sky and lands in there dams.
Now the government has convinced the public that Co2 is evil and to save the plannet we need to tax it !
Sir, Co2 comes out of our lungs when we breath, Will we need a breathing permit and will we have to pay a living tax ?
Now we have 2 of the 3 elements of life regulated by the government, They have even convinced us that one of these elements is bad and evil and is causing the destruction of the earth, Whats next ? regulation of the sun ?
How dare you collect free solar energy without government approval, Pay your sunlight tax or get tasered and go to jail, Perhaps we need to enforce permits for walking on the beach ? All these people are collecting governmen light and not paying for it.
Sir global warming is a fraud and when Barack Obama wins the american ellection he is going to declare Co2 a "Dangerous Pollutant" http://news.yahoo.com/s/bloomberg/20081016/pl_bloomberg/alhwvvgnkcd4 Yet another country to fall to the global taxing system.
Now sir, Tell me, Do you really support this ?
A boom ?? Are you out of your mind, On what premiss could you bolster up such an opinion, I've never liked Michael Yardney, He looks evil, Anyone who has done any study into physiognomy would probably agree with me.
What information does he know, That we don't know, That would make him preach there will be a boom ?
Or is it just a case of him wanting to make more money, As no one would be going to his seminar if he said the market is in disaster
I always find it funny how everyone seeks an expert to come to there own opinion, while at the same time turning there own mind off, Like everyone wants to be feed the answer, whether it be true or false, Because that makes it easier. No one has there best interest's at heart more then oneself.
If you want to find the answer to anything, Don't believe anyone you hear, especially when they have there own special interest, Do the research yourself and come to your own conclusion.
harb wrote:wallyt99 wrote:I am thinking beachside….. why buy beachside when it will be under water in 15 years?
Hahaha, too bad you can't get a sea rise guarantee or your (rent) money back.
The "rising sea levels" and "global warming" is a scam perpetrated by scientific fraudsters looking for tax payer funded handouts. The temperatures have been falling slightly and there is no evidence of rising sea levels, its just a big con job to get research money out of stupid governments and playing on peoples fears. There are plenty of honest scientists who had enough of this BS and are now coming out to denounce the scammers. Just have to Google for fraud + global warming or rising sea level and read the truth for yourself
.Quote:TWO KINDS OF SCIENTISTS
We are assured by the White House that scientists everywhere are sounding these warmings and that we may only have one chance to stop it.
Well, as the debate rages, we find that there really are two kinds of "scientists."
There are those who look at facts and make their judgements based on what they know.
Their findings can be matched by any other scientist, using the same data and set of circumstances to reach the same conclusions. It's a age-old practice called peer reviewing. It's the only true science.
And then there are those who yearn for a certain outcome and set about creating the needed data to make it so. Usually you will find this group of scientists greatly dependent on grants supplied by those with a specific political agenda who demand desired outcomes for their money
http://www.americanpolicy.org/un/thereisnoglobal.htmGlobal Warming, as we think we know it, doesn't exist.
http://www.canadafreepress.com/2007/global-warming020507.htm
Wow, There is something I actually agree on with Harb, Global warming in the 20th century was true, But its the reason behind it that is a lie, Its not Carbon Dioxide (The most important gas on this earth, The one all the plants breath!) that has made the earth warmer, It is because of the sun's heat increasing, I bet the scientists who work for the U.N didn't tell you that all the other plannets in our solar system have been getting hotter as well, But like harb said, The earth is getting colder now, Actually we could very well enter another ice age, But I won't get into that, And the true reason for this tax is to implement a central world tax to consolidate governmental powers, Along with the financial crisis
"I wouldn't personally go that far" Could you present a case or show me any proof as why my thesis can't happen ?
Just basic research will tell you that our ecconomy and infact the world is in worse shape then it was in the 1920's
Is there a special reason that histroy won't repeat itself this time ? considering everything is much worse then its ever been before..
Perhaps people should read cases of ecconomic collapse in past history, Ill give you a head start on a few…
weimar republic
great depression
argentina
mexicoIf anything, This FHBG will only inflate the housing bubble a little bit more and keep the illusion going a little longer.
Soon we will see big government deficits as Mr Rudd, as the good little globalist he is will borrow many billions from the RBA
A few months ago I would have said that Australia will fair the best out of all the western nations in this global ecconomic crisis, But now I can see us entering another great depression.
People should be considering moving some of there purchasing power into gold or silver and taking steps to become more self sufficient with there everyday needs. ie: Food and water.
Small inner city blocks will not be very sufficient in being sustainable, Anyone who has the ability to move onto a property that is on the outskirts of town with greater land area should be doing so, So they have the ability to grow fruit and vegetables and run some kind of meat, Chickens, Goats or Cows.
People should also be investing in enough water tanks to be sufficient for at least 6 months with water purifiers, Actually everyone should be purifying there water now in anycase to remove the fluride from water, Its a toxic substance that causes many problems including alzheimer's, sterilization depression ect
Also anyone who can afford Solar Power should be considering fitting out there roof with solar pannels and becoming independent from ergon, If you earn less then $100 000pa you can get up to a $8,000 government grant I think they subsidise $1 for ever watt of solar power pannel capacity
If you stop working, you will start loosing wealth, No matter if your retired or not, You still have to continue working if you wan't to keep your wealth.
This probably does not make much sense, But it's the truth.
ummester wrote:If I had a million to spend on investment property, yes, I would buy a single floor of a building in a place like Woden and get a government tenant in it. Most secure tenant you can have.Of course, if it could be on any property and didn't have to be an invesment, I would buy a nice rural place with a solid water supply and give up being part of the rat race for good:)
Yes government tennants are good, We have a few government tennats. The Australian apprenticeship people and a government run support service for disabled people rent from us, Also Channel 10, CFM Radio, PJ Burns, some doctors and a few others.
Yes, 20% that is correct.
Actually the double story office blocks where built, The whole thing cost just over 1m and returns about 20%pa, It was built a few years ago though.
Also Industrial property can generate large income, I know of Industrial propertys (Sheds) generating $500+ per week on the same amout of land as a average house block.
Basically I think residential property investment is a bit frivolous, well maybe not frivolous, But medicore. To much worry for too little income. Personally I see residential as basically a entry level into the property game. I think once you owned 2 or 3 residential propertys You should start looking towards commercial.
I would still keep the 2-3 residential propertys though because they are kind of a way of diversifying your property, Commercial I think can be harder to keep rented out in some cases, And I think houses are easier to keep filled, If your left with a empty factory building for 6 months then you will still have income flowing from your residential.
I still think that the property market is "Puke" though
Commercial office blocks. The highest return property there is.
I know of one million dollar commercial office block returning 20%+ a year
But how is that possible ? Property only goes up…
My advice, Chill out for another 2 years, Get some more equity, Upgrade your 6.0 SS to a 4.0 Typhoon, Buy a jetski and think about how rich you will be in 2010 because property doubles every 7-10 years Thats means your property will now be worth $860 000 then in 2017 it will be worth $1,720,000 wait how about I just make a table for you.
2024 – 3,440,000
2031 – 6,880,000
2038- 13,760,000
2045- 27,520,000
2052- 55,040,000
2059- 110,080,000
2066- 220,160,000WOW by the year 2066 you will be like a 200 millionare you will be able to employ 100 servants and you will have your own personal space rocket in your backyard, And you never even had to work for it !
I love you magical money, your the best
Our government has no control over how much money is printed or what interest rates are, All this is decided by the all knowing all powerfull owners of Reserve Bank Australia.
There is already massive inflation in Australia, Billions are printed every year ! Why do you think a $50 000 house from 20 years ago now costs $400 000+ ?
There is a specail trick to help fix all that, Its when you take a bad debt or liability and repackage it as a AAA+ security asset, Sell it and then lend out another 10:1 more money based on that original bad debt
Its genious ! and no one will ever find out, shhhhhhhh
As for Australia's invincible ecconomy, I would'nt worry to much about it, Our shit is unsinkable, Our fundamentals are sound:
1: Personal Credit card debt has doubled to 50+ billion in that past few years
2: We have the most unafordable houses in the world
3: Our dollar is crashing (Currently 63c) This is excellent for our ecconomy and only affects things that are unimportant like food imports ect
4: Our wonderful governement is secretly taking money out of our future fund and giving it to our banks to stay afloat, I would'nt worry as we where not going to get the money from our future fund anyway, Much better for a greedy globalist to get his hands on it then us.
5: Carbon Tax, You know, Global warming, You know that evil thing called carbon dioxide, The most important ellement in our existance, You know, The one that allows photosynthesis to work, The element that all the plants in the world breath, The same element that comes out of our lungs when we breath, Well you are all going to be taxed on the most important gas that is on this world and if you don't like it your a terrorist working with alkida and will be tasered. But understand, The world governments had to tell us this global warming is caused by Carbon Dioxide (Even though its called by the sun getting hotter) because you need to be taxed more to pay for globAL debt.
There is a huge boom comming our way and if you wanna take advantage you need to get into the stock market right now ! to make some money before the next great property boom hits and you miss out !!! Next year the average property will cost $800 000 and the year after $1600 000
"coordinated international response, coordinated international response" "The world needs to come together" All of a sudden this is being pushed in all the news, This setup crisis is being used to psychologicaly push for world financial control by a central power, The world bank, IMF will be the powerheads of the world having more power then our local governments, This is the first major step towards the new world order that all the major leaders talk about.
The biggest fraud in the histroy of the world is being commited before your eyes, And the general public is none the wiser.
This is only the early days of ecconomic turmoil, The stock market has a long way to fall yet.
http://www.theaustralian.news.com.au/story/0,25197,23812768-601,00.html
http://www.usatoday.com/news/washington/2008-10-07-imf-crisis_N.htm
http://www.fight4truth.com/thenewworldorder.htm
http://au.youtube.com/watch?v=zxmHSgERce0We are heading towards a huge recession perhaps even a depression, And it looks as if kevin rudd is going to do everything in his power to make this ecconomic storm do as much damage as possible, To push for his real agenda, An Asian union followed by world government ruled by the social elite.
If our all wise and loving government really cared about us like they so whole heartling claim, They would be taking huge steps to make the foundation of our monetary system sound, and yes it would be possible to fix our ecconomic system from comming collapse.
1: Limit bank and non bank lending organisations from using higher then 10:1 leverage ratios, financial institutions should be made by law to report quarterly on how leveraged they are, If at any time they go over the 10:1 ratio they have a limited time to comply with the leverage standards before prosecution
2: If we truley lived in a capitalist society then why are interest rates artificially controlled by the people who own the central bank of australia ? Can't anyone see this is a conflict of interest and fraudulent ? Thereby I also say that the RBA should be nationalised and owned by the commonwealth of Australia, Only Australians should profit of central bank earning, Not elitists.
3: Make our currency real, If our dollar was backed by real money (Gold or Silver) then our ecconomy would be in much better shape and fair much stronger in the international market
4: Outlaw budget deficits, Our budget deficit is expected to be 30% of GDP come 2040, Why should a country spend more then it makes and impose unnecessary taxes on the people to pay for interest, The idea of borrowing is insane and not benificial to the people in anyway.
Hi
right now gold is $1264.90 AUD an ounce, That would buy almost 80 ounces of pure gold which I believe is about 3kg.
silver is $11.60 USD an ounce.
You can Buy gold from the perth mint, I would strongly advise AGAINST buying gold certificates or shares in gold, Or even buying gold bullion and storing it in some commercial vault. The safest place is to buy real gold and store it yourself where you know its safe, Either in a safe or burried somewhere, Whatever it dosent matter, But if you have physical possesion of it, Then your protected against any kind of stock, bank or government collapse.
You mentioned silver, I believe both Gold and Silver have very huge profit potentials, As people loose faith in the fraudulent printed paper money and bad stocks people will turn to what they know is not fake, Real money!
Against what most people believe, Gold and Silver are both extremely rare and ridiculously undervalued, from my years of research into ecconomics and monetary issues I believe both gold and silver could very easily double more then once in the comming years I would'nt be surprised if gold was $5000+ ounce within the next 24 months
Gold was $20 ounce in the 1920's and is now $890 USD thats 44x more value in 90 years, That is almost a 50% gain per year
People will tell you that if the financial system collapses then Gold won't be anymore usefull then paper money, I disagree because people will always have to trade, And they will trust in gold because its real, Even if I where wrong you would still have your gold strores to trade in for paper money once the system was back on its feet again.
I believe in gold and silver not only because I think you can make great profit in it but also to protect or maintain most of your current purchasing power in the event of a currency collapse, Bank runs ect. Think of it as insurance.
Buy $100 000 of gold and put it in a safe, Wait 12-18 months and buy a house with the money the gold sells for, You won't need a loan to buy the house.
Dollar is falling once again, currently 66c, But like you said, The price of our dollar dosen't seem to affect our ability to do day to day activities, You know like, Buying imported food from the supermarket.
Much of the world is starving, Even china is underfed, while Australians are that fat they can barely see what's going on around them, Millions of westerners died because of starvation during the great depression, What would happen if Food imports comming to Australia stoped ?
But please don't listen to me, continue to live in your bubble of unprecedented ecconomic booms and equity goldmines