Categories: Coin Shop Blog

London Property: Here Comes the Crash

by Bloomberg News

– Jitters surrounding London property are finally starting to show up in home prices

– Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability

– Islington suffered the biggest declines, with home prices falling 7.8 pct in 12 months as per official data

– Surveys have shown declines for several months, but now the end of the boom is clear in official statistics too according to Bloomberg analysis

London median, Islington, Wandsworth & Southwark prices. Must See Interactive Graphic Piece From Bloomberg News

RELATED CONTENT

London House Prices Fall At Fastest Annual Rate Since Height Of Financial Crisis

London Property Market Vulnerable To Crash

LATEST VIDEO FROM GOLDCORE

Gold Surges to Record Highs in Emerging Market Currencies

 

News and Commentary

Gold inches down on rate hike views, trade worries (Reuters.com)

China’s record trade surplus with U.S. adds fuel to trade war fire (Reuters.com)

Behemoth gold nugget, possibly biggest in recorded history (News.com.au)

Nowhere to Hide In Crypto as Digital Asset Ties Tighten in Slump (Bloomberg.com)

Deutsche Bank Top Investor HNA Is Said to Plan Exiting Stake (Bloomberg.com)

Source: @CharlieBillelo

Is gold set for a much brighter future? (TheNational.ae)

Financial crisis upturned politics – and it’s not done yet (MoneyWeek.com)

Major Currencies All Over The World Are In “Complete Meltdown” As The $63 Trillion EM Debt Bubble Implodes (TheEconomicCollapseBlog.com)

Tensions With Russia Are Higher Now Than During the Cold War Risking War – PCR (PaulCraigRoberts.com)

Even Mortgage Lenders Are Repeating Their 2006 Mistakes (DollarCollapse.com)

How the Great Recession turned America’s student-loan problem into a $1.5 trillion crisis (MarketWatch.com)

Gold Prices (LBMA AM)

07 Sep: USD 1,200.75, GBP 928.30 & EUR 1,031.32 per ounce

06 Sep: USD 1,204.30, GBP 931.65 & EUR 1,035.82 per ounce

05 Sep: USD 1,194.70, GBP 932.46 & EUR 1,031.74 per ounce

04 Sep: USD 1,195.75, GBP 932.57 & EUR 1,034.20 per ounce

03 Sep: USD 1,201.70, GBP 933.00 & EUR 1,035.75 per ounce

31 Aug: USD 1,206.85, GBP 927.58 & EUR 1,034.03 per ounce

Silver Prices (LBMA)

07 Sep: USD 14.19, GBP 10.90 & EUR 12.20 per ounce

06 Sep: USD 14.27, GBP 11.03 & EUR 12.27 per ounce

05 Sep: USD 14.17, GBP 11.05 & EUR 12.22 per ounce

04 Sep: USD 14.25, GBP 11.11 & EUR 12.33 per ounce

03 Sep: USD 14.53, GBP 11.27 & EUR 12.50 per ounce

31 Aug: USD 14.66, GBP 11.27 & EUR 12.56 per ounce

Recent Market Updates

– This Week’s Golden Nuggets

– Gold Remains An “Excellent Way to Hedge” for Longer Term – BNP Interview

– Video: Gold Surges To Record Highs In Emerging Market Currencies – New Highs In USD, EUR, GBP In the Coming Months?

– September Is The Best Month For Gold and Worst Month For Stocks

– Pound Investors Face Months of Volatility Into Brexit Endgame

– This Week’s Golden Nuggets

– Video: “Financial War” Deepens as Russia Buys Gold and Dollar Hegemony At Risk – Rickards on CNN

– Will Indebted Nations Globally Follow Venezuela Into Hyperinflation?

– End Of Dollar Hegemony May Happen Soon and Badly Impact Indebted America

– 10 Incredible Photos From Venezuela Show The Disastrous Risks Of Currency Devaluation

– This Week’s Golden Nuggets

– Video: Is Silver Set for a Massive Breakout?

Listen on SoundCloud , Blubrry & iTunesWatch on YouTube below

The post London Property: Here Comes the Crash appeared first on GoldCore Gold Bullion Dealer.

admin

Share
Published by
admin

Recent Posts

Wolfden Continues to Hit High-Grade in Deep Drilling at Pickett Mountain

Wolfden Resources (TSXV:WLF) has announced that additional deep drill holes in the company's ongoing infill and…

6 years ago

Gold Set to Soar Above $1,300 – Goldman and Bank of America

Gold Set to Soar Above $1,300 – Goldman and Bank of America – Growing fiscal…

6 years ago

1792 Half Disme Sold For Record Price Of Nearly $2 Million

The finest-known 1792 silver half disme, once in the possession of then-Secretary of State Thomas…

6 years ago

Gold Inches Higher, Silver Ends Near 1-Month High

In precious metals futures action Tuesday, gold and palladium climbed for a second straight session…

6 years ago

1792 Half Disme Sold For Record Price

The finest known 1792 silver Half Disme, once in the possession of then-Secretary of State…

6 years ago

Goldnomics Podcast: Silver Guru, David Morgan: Silver and Gold Will Protect in the Coming Currency Collapse

Goldnomics Podcast: Silver Guru – David Morgan – Silver and Gold Will Protect in the…

6 years ago