Ctg Bound has left 1040 comments

Ctg Bound comments on I'm British coming to Colombia to get married to my Colombian boyfriend

kalder, Interesting, the British consulate told my friend it didn't exist.

Ctg Bound comments on In pictures: El Poblado drama + Miss Colombia contestants

Waterdawg, Same here.

Ctg Bound comments on I'm British coming to Colombia to get married to my Colombian boyfriend

johnny2008, They are calling theselves the "UK border agency" now, I love how they make these fancy names up for themselves.

Ctg Bound comments on I'm British coming to Colombia to get married to my Colombian boyfriend

rw33, To get married in Colombia you need a certificate to proove that you are single, this certificate doesn't exist in the UK that I am aware of. The UK embassy has sorted out this problem with Colombia (in true Colombian fashion), it goes something like this, they have to post a letter on the UK Embassy and consulate notice boards in Colombia, asking if anybody disputes that you are not single, if nobody does within a month, you then have to swear on the bible to the a dedicated person at the Embassy/consulate that you are single, the Embassy can issue a legal letter that covers that requirement for your marriage to be registered at a notary. This process can take about 2 months all told. To get around the certificate you could get married in San Andres that I hear doesn't require it, probably as its laws are more like the UK ones. VISAS Just have a look at the UK website, you can choose the Country of the person coming from and it details everything there, I looked at it once years ago for a friend, it was all pretty clearly written, which surprised me.

Ctg Bound comments on A little feedback over commercial property values in Medellin would be most appreciated

kenblanquito, Only way in my view is to check out other locals in the Boston area similiar to yours, that will then give you a guide to pricing.

Ctg Bound comments on

Medellin, City of Eternal Spring, I think is more to do with the all round spring temperature here, not the amount of rain that it gets each year. The last two years seems to be a lot more rain than the 4 years before that, but I put most of that down to El Nino. Whatever the reason, I think the rain is positive, if it doesn't rain in the late afteroon or early evening for a couple of days the temp starts to go up and it gets slightly un-comfortable. I for one like the rain as it keeps the Medellin temp at a nice level. I also like the way it rains here, not the eternal drizzil of Europe and the UK, but mostly chucks it down quickly.

Ctg Bound comments on

dualta, No disaggrement regarding the Irish Legion, but that was a differant unit to the British Legion. As to O'leary, to me descent was where he came from, so yes Ireland, but maybe descent was mis-interperated by one of us.

Ctg Bound comments on

dualta, They were mostly ex-English army, which had many Irish, Scottish, Welsh and other nationalties in it then, still has, hence why it was called the British legion. They certainly were the core of Bolivars army, but more important was the commander behind Bolivar victories on the battlefield, an ex English Army officer of Irish decent, who became General O'Leary in Bolivars Army. My friend of Irish decent has a set of the original books O'Leary wrote of the campaigns, which I have skimmed through. The same friend has a number of websites on Irish raised military units who were in the English Army, I have never heard him call them Irish Army units, complain that they didn't get the correct recognition for their service etc. I believe the tital of the legion is correct, for referance I am neither English or Irish, the site looks like its posted from some whinging Irish person.

Ctg Bound comments on Paying taxes to DAIN on the sale of an apartment.

gringoloid, Rio Negro, I haven't looked for space, but in 2009 I will be doing research into possibly renting a unit there, depending on the outcome of the research. As to if Rio Negro is better or not, it really depends on the products you are selling, I need several shops in the Medellin area plus possibly 1 in Rio Negro, but opening more than that wouldn't be worthwhile for my products, so there maybe no reason why you can't open in both areas. Labour is cheap in Colombia, so maintenance is, at least in Medellin, on the coast like Ctg for example the shitty air there destroys a lot of things, making maintenace costs a lot higher. Maybe a business option, but its pretty easy to get most thing repaired in Colombia I find, not like the UK, which I imagine is like the US but probably to an even lesser degree, both throw away cultures. BUT you have to pay large admin fees to the Centro comercial you are located, but that gets taken into consideration in the rental pricing and the products you are selling. ADMIN FEE may or may not be included in the rent, some places are, some aren't.

Ctg Bound comments on Where is La Dolce Vita club in Cartgena

Yes a few minutes walk drom the Hilton in Laguito, on the second floor of the Centro comercial in the upper left of the photo below: http://www.colombiarental.net/index.php?option=com_content&task=view&id=34

Ctg Bound comments on Paying taxes to DAIN on the sale of an apartment.

gringoloid, Not many.

Ctg Bound comments on COP is 2403 for one USD

BillBigD, My fair value for the Euro is 1.10-1.20, but when the money flows reverse, it will hit the dollar. Hopefully then I can move back into dollars.

Ctg Bound comments on Paying taxes to DAIN on the sale of an apartment.

gringoloid, Rent goes up each year, normally at inflation or so, there may be a Colombian law to stop somebody raising the rent by more than a certain amount, I seem to recall hearing something like that, but having had nobody try and raise more than what I deem a fair increase I haven't had need to look into it. Its common practise for Colombians to be paying their rent 10-20 days late, my businesses pay on time to early, so the renters are very happy with us, so are unlikely to try it on to much, if they do, time to move, there are always units coming available. Safest way is always to own you own though, although you need more capital then. NO shopping mall I am in takes a cut of sales or profits.

Ctg Bound comments on Peso to 3000 to 1 USD - Future?

Tinto, AH, flowers. Thanks

Ctg Bound comments on COP is 2403 for one USD

Saltador, Thats My view as well. I haven't held US Dollars since early 2002, until I swapped some of my euro fund to dollars a short while ago at a rate of 1.59 to the dollar. I swapped it back to Euros again Monday at a rate of 1.25, I expect the dollar to drop away again soon. Lets hope so.

Ctg Bound comments on Peso to 3000 to 1 USD - Future?

bickerss, I don't see 3,000, 500 pesos or so drops, due to market problems, outside of Colombia, I see no real problem, taking 1,800 as a base, the drop is now 600. If it was solely Colombia, I would be a Colombian problem, but these drops are going on across the markets, once the markets settle down, it will be back to fundamentals and I expect the Colombian Peso to gain against the dollar, fair value to me is 1,800-2,000 pesos. We shall see.

Ctg Bound comments on Peso to 3000 to 1 USD - Future?

Bill Turley, It went to 2,987, or something close to that about 5-6 years ago.

Ctg Bound comments on Peso to 3000 to 1 USD - Future?

Tinto, "Eighty percent of exports go to the U.S. At the moment," I thought it was more like 20-30%?

Ctg Bound comments on Paying taxes to DAIN on the sale of an apartment.

gringoloid, Any leases I do or rent are 1-2 years, 2 years is the norm here from what I have seen.

Ctg Bound comments on

Tinto, I found it more like 20-25% cut in Colombia after leaving the store?

Ctg Bound comments on Paying taxes to DAIN on the sale of an apartment.

calipro, Thats what they go by, I (my accountant) have been submitting Colombian Tax declarations for the year 2002 onwards, later years have declarations including capital gains I have made. So your capital gains will be OFFICIALY virtually nothing, possibly nothing if it has be above a certain amount before it kicks in.

Ctg Bound comments on Paying taxes to DAIN on the sale of an apartment.

calipro, "and not on the sale of the apartment because the sale price of the apartment was the same in pesos." What did you buy the apt for which was registered on the Escritura and the matricula, plus sell it for regsitered in the same place? The same amount? If it is ZERO capital gains taxs to pay, I hope both (or one) prices were above the amount on the pre-dial tax form They probably were as Notaries are not supposed to let to register the sale otherwise.

Ctg Bound comments on

tomtom33, Probably to crowded for your taste as well, it certainly was for me and my last Chrstmas/New Year in Ctg was in 2001, which was quiter then compared with the last few Christmas periods.

Ctg Bound comments on Country currencies getting smashed against the US greenback

Jonas, And another: http://www.ft.com/cms/s/0/d171461c-a00d-11dd-80a0-000077b07658.html Gold’s sparkle begins to fade Published: October 22 2008 08:49 | Last updated: October 27 2008 14:00 Gold’s popularity among investors has soared over the past year as the credit crunch has rocked financial markets. The US Mint has sold all of its stock of some popular gold coins, sales of gold bars have risen strongly and gold exchange traded funds have seen record inflows as investors looked for a safe haven from the turmoil affecting credit and equity markets. Gold prices reached a record $1,030.80 an ounce in March but have retreated below $800 in spite of ongoing turbulence in financial markets. Now, after radical steps by governments in Europe and the US to stabilise their banking systems, tentative signs of calm have returned, potentially undermining gold’s appeal as a safe haven. Fears that the financial crisis will lead to a global economic recession have led to a significant correction in commodity markets and the outlook for gold prices appears less certain. Marcus Grubb, Managing Director of Investment Research and Marketing at the World Gold Council, answers readers’ questions on the outlook for the market below. Due to the high volume of questions we were unable to answer all individually, but tried to ensure that all major themes were covered ..................................................................................................................... What fundamentally determines the value of gold and is gold an exception to the economic rule of supply and demand? A Doty, London Marcus Grubb: While gold’s value is underpinned by its supply and demand fundamentals, the drivers of supply and demand represent a more diverse set of variables than for most other assets, particularly when comparing gold with other commodities. Gold is an industrial commodity, a luxury good, and a currency, with additional and substantial symbolic and cultural significance in many of its key markets. The complex interplay of these factors will have an influence on its value. So, while we might say that the medium- to long-term price outlook for gold should reflect its supply and demand fundamentals, the geographical and sectoral diversity of both supply and demand means it is not always easy to identify the prevailing dynamics at any one time. ..................................................................................................................... With the recent sell off in gold and the falling price, to what extent will world governments put pressure on future price movements? Will governments find themselves in the position of having to sell their gold reserves to prop up spending during the bailout of the world financial system? Anne Fitzsimons, Dublin Ireland MG: I’m not entirely sure to what you are referring by “the recent sell-off in gold”. The last few months have seen a surge in demand, with retailers across Europe and the US claiming unprecedented levels of demand, and the gold exchange-traded funds (ETFs) having attracted another 177 tonnes of demand since the end of H1 2008. How governments and central banks use their reserves, including gold, is a complex matter beyond the scope of this forum, but we can say that, thus far, most have seemed relatively reluctant to sell their gold, with the signatories of the Central Bank Gold Agreement selling even less than their pre-agreed quota in 2008. ..................................................................................................................... It’s interesting that when I buy 1 Oz gold coins, their price is higher that the price normally quoted. Do you know why a gold coin is almost $900 when the price quoted for gold is $725? Tom Venz, California MG: There are a wide range of gold coins available and some attract a value above their pure gold content in that they may be in greater demand and therefore dealers attach a greater premium to them, or they may have additional numismatic – i.e. they are deemed by collectors as particularly desirable. ..................................................................................................................... Gold has historically been a safe haven in times of uncertainty, surely the period we are experiencing at present is as uncertain as we have had for some decades. Why the lack of response in the Gold price in relation to market and economic conditions? Ian Victor, Gibraltar MG: It is too simplistic to look at just gold’s safe haven appeal for answers as to the gold price’s performance. In relative terms, the gold price has outperformed most other commodities. But at the moment everything is being driven by the need for cash. There has been evidence of profit-taking by investors and selling by leveraged institutions that have needed cash to meet margin calls on other assets – these institutions have owned gold as a safety net and have been forced to draw on that safety net. The fall in other commodities has also affected gold, reflecting its inclusion in major commodity indices. There are a range of different influences that can affect the gold price and push it in different directions. Two key influences over the last year are gold’s relationship with the US dollar and its safe haven appeal. Often these two factors have pushed the gold price in the same direction e.g. markets have responded to bad news from the financial sector by pushing down the US dollar. In such cases, the gold price has benefited from both its safe haven appeal and the lower dollar. However, this isn’t always the case. If the bad news has emanated from Europe, the dollar has sometimes risen in response. Sometimes the safe haven effect will dominate, and at other times the dollar effect will dominate. Over the last few weeks, it has been the dollar effect that has dominated. It is important not to draw conclusions from short term price movements. It is too early to say that the worst is over for the global economy and financial sector, and too soon to say that the dollar’s downward trend is over. ..................................................................................................................... Why is there such a divergence gold and gold miners? Jonathan Kaufelt, Santa Monica MG: While the share prices of gold mining companies do tend to follow movements in the gold price, this isn’t the only source of direction. Other factors can include: 1. Gold mining companies can be affected by broader trends in the stock market and in other commodity companies. This has been an important driver over recent months. 2. Regional issues can sometimes surface. For example, power shortages in South Africa last year affected mines in that country. 3. Company specific factors. A company’s profitability will be affected by the extraction cost, which can vary considerably according to the location of the mine and whether or not it is open pit. ..................................................................................................................... With this massive printing of US dollar and monetization, do you expect a new inflation cycle in the mid term and therefore a new interest for gold? Rezzonico, Switzerland MG: Central banks around the world are extremely concerned about the potential for a protracted slowing in economic activity. If this occurs, it would be deflationary. However, given the outlook for the US fiscal deficit and debt, it is possible that the US will be forced to monetise the deficit, which is inflationary. This effect would be exacerbated if governments are forced to start paying out on deposit guarantees. Stagflation would be the most likely scenario. Whatever happens, the outlook is extremely uncertain, and in this environment, diversification and effective risk management are essential. Gold’s lack of correlation with other key asset classes, together with its safe haven status are highly desirable attributes. ..................................................................................................................... Wouldn’t it be fairer if the value of commodities where calculated in the local production currencies, in order to free market competition? Luciano Giudice, London MG: Commodities are priced in US dollars as the reserve currency and the currency of the largest economy worldwide. The pricing of commodities in dollars goes back to the period after WW1 when the dollar supplanted sterling at a time when the gold standard was in place. In spite of being priced in dollars at wholesale level, at a retail level commodities are priced in local currency. For example a buyer of a gold chain in India buys in rupees and may not know the dollar price at the time of purchase. The pricing of commodities in dollars as a base currency does mean that changes in dollar/local currency rates can have affects on demand and supply for example, while gold has held steady recently in dollar terms varying around a trend commodities have become more expensive in local currency as the local currency has depreciated up to 20 per cent against the dollar, gold again is a good example of this. The pricing of commodities in dollars creates demand for the currency but does not affect competition. ..................................................................................................................... If we are, as many think, heading towards a period of deflation, what will the impact be on gold and silver? Matt Leech, London MG: Currently we are indeed likely to be headed into a deflationary period in terms of general consumer and producer prices as the grip of global recession and a slow down in growth tightens. In the short run this and the rise in the dollar as capital flows to the US currency as a safe haven, will be likely exert a damping affect on gold. However, the US$ equivalent of $3 trillion is being committed and pumped into the world economy totalling all the bail outs and this will be exceeded as IMF bail outs are added to the total. Given that deficits in developed economies will rise higher, central banks are going to have to print money and expand monetary aggregate growth in order to reflate out of the credit crisis and recession. It is highly unlikely that taxes can be raised in most economies therefore the bail outs, continued levels of fiscal spending and the provision of liquidity by central banks is likely to lead to a resurgence in inflation pressures once the recession has bottomed. Therefore, while the current deflationary scenario will exert a damping effect on gold, when the markets begin to discount the coming inflation pressure it will support the gold price. ..................................................................................................................... How do you reconcile the shortage of physical gold and the increase in the number of GLD contracts outstanding with the falling price of gold? David Levner, New York MG: A shortage of physical gold has developed in the retail market for bars and coins for example the American Eagle and American Buffalo coins, for which demand is up 54 per cent annually. However, some of this is due to production lags with refiners and mints as retail demand has jumped very rapidly with the worsening of the credit crisis since the Lehman failure on Sept 15th. The refiners and mints are struggling to catch up with the surge in demand but eventually they will do. There is no shortage of the 400 oz London bullion bars behind the ETFs and in some cases refiners are producing them instead of the smaller units. ETF demand has been phenomenal and in the case of gold the ETFs have held up well because of gold’s quasi currency, store of value and safe haven status. It is still one of the best performing assets, down only slightly on an annual basis at around $720. Since the failure of Lehman the tonnages in the SPDR gold share ETF have risen by around 150 metric tonnes (32,151 oz per tonne). In one day in September, 37 tonnes of net new investment came into the SPDR gold share – about a billion dollars in 24 hours. Since then with the fall back in gold some redemptions have occurred but they have been light. ..................................................................................................................... Where do you see the support levels of gold? What is the likely stable levels of gold? Kenneth Kwok, Singapore MG: It is not the WGC’s role to make price forecasts or to conduct technical analysis on the gold price, but consensus technical analysis suggest that in the current price action support lies at $675 and $650 and resistance lies at $750 $775 and $825. Ultimately the long term price of gold will be determined by the following factors: • Medium Term Inflationary Expectations. Gold is seen as a hedge against inflation; while its real value can vary in the short term, its purchasing power has remained stable over centuries. • Longer term view on the dollar. Gold is a statistically proven hedge against fluctuations in the US dollar, the world’s main trading currency. • Mine output. The gradual reduction of mine output in recent years, with only a small number of major gold finds by the mining industry, is constraining supply. The cost of extracting gold has also increased substantially in recent years. • Jewellery demand. Robust global jewellery demand reaching $54bn in 2007, a third successive annual record. In tonnage terms, overall jewellery demand in 2007 was 6 per cent higher than in 2006 • Both institutional and retail investors are increasingly familiar with gold’s portfolio diversification benefits. The reason for holding diverse investments is to protect the portfolio against fluctuations in the value of any single asset class or set of assets that move in a similar direction. Portfolios that contain gold can be more robust and better able to cope with market uncertainties than those that do not. • Easier access to investing in gold. Gold exchange traded funds (ETFs) have been instrumental in providing easy access to investing in gold. ETFs have stimulated demand because it has become as easy to trade gold as it is to trade any stock or share. ..................................................................................................................... Excluding the US dollar, what is the best leading indicator for gold prices? Adam Russell, Charlotte, NC MG: As with any potential investment predicting the precise indicators of price can be a difficult and complex process. In the case of gold we have identified the following long and short term drivers: Short term • Inflationary fears . Gold is seen as a hedge against inflation; while its real value can vary in the short term, its purchasing power has remained stable over centuries. Several analysts have also pointed to gold’s role as a leading indicator of inflation, suggesting the yellow metal can offer earlier immunisation against accelerating inflation than other inflation-hedging assets. • Movements in the dollar. Gold is a statistically proven hedge against fluctuations in the US dollar, the world’s main trading currency. • Unstable financial conditions. Gold is not matched by a liability. It can help to provide insurance against extreme movements in the value of traditional asset classes that can happen during unsettled times. Long term • Mine output. The gradual reduction of mine output in recent years, with only a small number of major gold finds by the mining industry, is constraining supply. The cost of extracting gold has also increased substantially in recent years. • Jewellery demand. Robust global jewellery demand reaching $54bn in 2007, a third successive annual record. In tonnage terms, overall jewellery demand in 2007 was 6 per cent higher than in 2006 • Both institutional and retail investors are increasingly familiar with gold’s portfolio diversification benefits. The reason for holding diverse investments is to protect the portfolio against fluctuations in the value of any single asset class or set of assets that move in a similar direction. Portfolios that contain gold can be more robust and better able to cope with market uncertainties than those that do not. • Easier access to investing in gold. Gold exchange traded funds (ETFs) have been instrumental in providing easy access to investing in gold. ETFs have stimulated demand because it has become as easy to trade gold as it is to trade any stock or share. ..................................................................................................................... I’m considering buying gold because (truth be told) I’m a worrier and I’d like to have some sort of a safety net for my family. Would you recommend buying coins, bullion or gold bars? Is this a good time to buy? I’m not looking for an investment necessarily, but more for peace of mind. Patric Brennan, Connecticut MG: There is nothing wrong with being a worrier! Regulatory guidelines prevent WGC from commenting on any particular transaction, investment product or supplier of investment products. I cannot comment therefore on how appropriate an investment in gold or any other asset is to your requirements. I would also add that if you are thinking about investing gold, it is worth giving the same consideration to your purchase as you would to any other investment and, if in doubt consult a professional financial advisor. That said, I can state that gold has some unique investment characteristics which mean it can help you safeguard your wealth, manage risk and add balance to your portfolio. Gold can provide you with a level of protection that other investment cannot. It is unique in that it does not carry a credit risk and is no one’s liability. Unlike a currency, the value of gold cannot be affected by the economic policies of the issuing country or undermined by inflation in that country. Gold also offers enhanced diversification opportunities relative to many alternative assets and independent studies have shown that even a small allocation to gold may significantly improve the consistency of portfolio performance during both stable and unstable financial periods. There are several ways to invest in gold which can all be found on our website at www.invest.gold.org – the method you choose should be based on your own requirements and preferences.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

tomtom33, I agree if you are just buying for living at full time or part time, fine.

Ctg Bound comments on

larryrn, High season then in Ctg, very pricey.

Ctg Bound comments on Country currencies getting smashed against the US greenback

Mongo, "but not really sure why he likes the Yen." Probably for the reverse carry trade reasons, hence the most likely reason the present Yen strength. I thought this would happen properly sooner or later, and have been positive on the yen for a couple of years or so, but I wouldn't touch it now, way to high I feel.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

Saltador, Your building may or may not be OK regarding the apt sales, for the reasons Pedro pointed out, but who is going to buy all the apts that are coming online in the Ctg tourist areas and on the coastal road to Baq? I just don't see the demand for the apts that are coming. I feel the amount of apts coming online are at the very least going to hold back apprecation in the property prices overall, plus there will be more units available for rent, lowering the occupany rate, probably stopping rental increases in its tracks until demand catches up with supply. Prices are already dropping on some projects I hear on the Ctg road to Baq. I hear that some foreigners are already complaining they don't get as many bookings as they used to as well.

Ctg Bound comments on Looking for lodging fit for Single guy (guest friendly, close to night life, fare pricing)

cdxxfriend, Most apts recomened on this board fit what you require. We offer apartments for rent in Cartagena de Indias. Our apartments are located in the neighbourhoods of Laguito, Bocagrande and in the Old Historic City: http://www.colombiarental.net/

Ctg Bound comments on Colombian Congress wants sex tourism tackled

morphus, I saw the same pic from another article on under age sex a few months ago.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

gringoloid, I am sure they will increase in number, even in the good times there are good deals. CRASH would have to be over 40% to me as property markets cycles reguarly drop 20-35% in the down swing.

Ctg Bound comments on

Deleted by Ctg Bound.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

lpdiver, Which are probably higher than are quoted on the street for the same apt.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

lpdiver, You have to factor in the Colombian mentality as well, which is assisted by not having a mortgage in most cases, they don't like lowering the price, other than what they expect to negotate lower. Although I expect that you will be able to pick up a few more good deals, I bought a plot a few months ago, at nearly half price what the current value is, the guy needed the money desperatly for something, so I got a bargain. I spoke to a gringo who said he bought an apt that the owner had a problem with his mortgage on a 2 year old building, he paid 1.5 million pesos per m2, the going rate for that particular apt building is about 2.1 m2 at the moment.

Ctg Bound comments on Yellow fever shot required?

Darloup, I don't recomend getting yellow fever unless you are going to an at risk area. When I checked with what vacinations I need, which I get for free when I am in the UK, the vacination clinic says the same regarding yellow fever which hasn't really changed since 2000, if you are going East of Santa Marta or into the jungle get it, if you are just going to the Cities or the countryside around them (excluding Santa Marta area), forget the yellow fever jab. As to playing safe, thats why I recomend not getting it, as I don't believe in taking unnessary drugs or vacines. The remainder on the recommened list I would get though and have.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

gringoloid, The information you require mostly doesn't exist in Colombia.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

pedro, One tower just finished in Laguito in Ctg the construction company can't give the owners their deeds, the construction companies bank/s have blocked it until the construction company clears up a problem with them, they have allowed the owners to move in though.

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

dwmte7, I don't think many of those towers are un-occupied, generally just the newest ones, they are certainly building to many though in places like El Poblado.

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DaddyIain, Last week or so of December up until Mid January is peak season in Ctg, the place is packed, you can expect to pay 2-4 times the normal rates for apts, its good partying, but everything from bar entry fees to restaurants charge more money, so unless you have a desire to be there when its packed, I would avoid that time of year. Saying that we offer apartments for rent in Cartagena de Indias. Our apartments are located in the neighbourhoods of Laguito, Bocagrande and in the Old Historic City: http://www.colombiarental.net/

Ctg Bound comments on Wiill the Colombian real estate market crash in the next 12 months?

pedro, I see the same for Ctg, its already happening on some new builds, they just built/building to much, the demand is not there in my view.

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ujay, Do you have a better word for the type of person that I see gringloid as: "A wimp, a no balls person, hypocrite"

Ctg Bound comments on

gringoloid, I point out you lies, you pretened they don't exist, sad sad man. Looks fine to me, what you posted, although you left bits out, overall it is correct or yet to be proved correct or not. As I suspected you would try and use some non official recognised source to cover up your shit predictions when they don't come true, I think I called them WACKO websites, very fitting you should be using them. I find it strange that when you asked for US Colombian GDP predictions, which I freely gave you, you then went and hid behind that you were waiting for the NBER numbers. I thought that you couldn't get more official than them, but maybe you have a different NBER in mind, what does NBER stand for? I like to clarify, just in case it is one of your WACKO news sources. I have a question for you, what do you call a person who asks something then refuses to give his own thoughts on it? To sum it up, you asked for some prediction numbers on this thread, I gave them, you wouldn't, since you failed to give them, you have tried everything to muddy the waters. I am a plain speaker, I call the person who asks for something, then doesn't want to give his views on the subject, allthought it is at he heart of all your dumb arguments, a wimp, a no balls person, hypocrite, that is what you are, if the moderators or sombody else has a nicer word I will gladly use it.

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Deleted double post.

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gringoloid, LIE TWO, in two posts: gringoloid says on Oct 21, 2008, 06:29 (today): flag "yes, the great depression was that.........but the definition of a depression is just that is is worst than a recession........there are no numbers for a depression. why don't you read a little about economics before you make a a fool of yourself?" Already quoted you and your unemployment rate, I think you re making a fool of yourself gringoloid.

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gringoloid, In one post a LIE already: gringoloid says on Oct 21, 2008, 06:21 (today): flag "do you see anything yet of a recession in the u.s......?" You put me only your table, which you have regularly cut and pasted that I saw a possible light recesson in the US, now you are trying to pretend that I didn't. DON'T NEED TO LOOK HARD FOR YOUR LIES, DO I.

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gringoloid, Stated above 20% US unemployment, the GREAT DEPRESSION, saw US unemployment of 25%, the GREAT DEPRESSION was a drop in US GDP of 29%. To achieve a 20% unemployment rate the DEPRESSION will have to be well over a 20% drop in US GDP growth. Hence why I think your posts are a JOKE.

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gringoloid, There are lies posted on this thread, which I have pointed out, you can pretend to ignore them, but we both know they are there, since this thread has started, I have had half a dozen e-mails, saying what people think about you after reading parts of this thread, they may no post it here for their own reasons, but they say in nicer terms what I have thought you were since about March of this year a W*** J**: But I have no problem calling you a liar, the proof will be in the pudding to speak regarding projections presently made. I made some more on this thread because you asked, you then wimped out in replying to them, says it all tregarding your JOKE projections. Regarding your projections I have seen you post they are of little use, didn't you post Gold was to go up a couple of weeks ago when it was about 930, now its below 800, your get out clause is that not yet, in the future, you need to give a time frame, as I have stated before, otherwise the projection is no use. No doubt you make little money off your projections, otherwise you wouldn't be worried about buying apt in Colombia, as buying an apt here is peanut money. If after 30-40 years of playing the markets you are worried about buying a peanut money apt, where is the money you have made off your great financial projections.

Ctg Bound comments on

ujay, No hiding, first time I opened this thread, since my last post, to many lies from gringoloid, so I don't pay much attention to him and his posts anymore, the guy is to full of ****, plenty on this thread showing his lies. As to loseing, I don't think so, the proof will be in that there is no US DEPRESSION of say 30% drop, that is the real reason he won't post any GDP numbers, my numbers may well be out by a few percentage points from what I originally thought, while gringoloids will be out by 10s, which will say it all. That will be enough to show who is correct and who has won.

Ctg Bound comments on Colombia and Mexico, are pitching to investors in London and other parts of Europe.

TobyBoy, I thought Chile was doing OK?

Ctg Bound comments on A better way to revive credit markets

Interesting idea, sounds better than most I have read.