Jake1

sold

Thanks!

If you can give me a run down on what the process would be for a Legal Ninja 250 I would appreciate it. Purchased new in bangkok and registered here. It looks like I have to go to the transportation office and everything is taken care of there?

I just put mine up for sale today and I'm sad to say it but it is not for a bigger bike

2010 Special Edition can be found in the for sale section

No. Motorcycle, cars, and a variety of other things go into production and are normally sold prior to the year starting.

Bike was purchased from Kawasaki Bangkok last September. All paperwork, green book, manuals, etc. All maintenance has been completed.

6,xxx KM's. Bike is located in Bangkok near On Nut BTS station

117,000 Baht - save over 30,000 from the sticker price

Reason for sale...time to get a car

Best of luck with the sale. If you would of posted this a month ago I would of been very interested but sadly I also think it's time for me to look for a car.

Heheh nice to hear the Mrs has a desk nearby.

But yes of course nothing goes vertical all the time. But I am sur the Mrs like me is not worried & over the course of the last year or more...It has been quite tranquilo An asset easy to own as it has not created much fear for the holder.

I fully respect that you do not punt gold but simply see it as a very safe long term investment.

What actually bugs me about the whole concept is that I believe the underlying assumption you make in that investment is that Governments and Central Banks destroy value and are basically incompetent. That underlying assumption may well be right but it is rather depressing. The very essence of economics and almost civilization is reciprocal altruism, mutually beneficial transactions and value creation.

I believe Flying gets some of his thoughts from this blog

Thailand isn't ready for totally free, totally free has proven to mean TOTAL ANARCHY here.

Totally free = total Anarchy...... everywhere

No longer safe. It is now a war zone between On nut and Phrakanong

Could you expand on this? What's happening? Heard about the Udom Suk stuff and today there was also some gunfire close to Rama IV/Phrakanong intersection, but would like to keep apprised of all developments in this area.

I too am trying to find out further information, as this seems just a rumour at present. I live on sukhumvit 71 and was aiming to go to on nut on foot around 4pm ish today. I got near the top of soi 71 and saw lots of panicking Thais turning back from Phra khanong. There were lots of cars turning back too. I have never seen so many people or traffic on this soi. I heard what sounded like gunshots but wasn't sure if that's what they were. A couple of helicopters were flying overhead etc.

I turned back and went into KFC near Just Co and the people in there told me there was a bomb somewhere. I thought it was Phra khanong. Something happened to scare people in this area for sure.

Peace and be safe,

Bornslippy

No longer safe. It is now a war zone between On nut and Phrakanong

Who is going to buy German debt now that Germany and others are guaranteeing higher yielding debt?

the first one said it was imported from Japan just for the show and not for sale, the second said that it would be available at the end of the year for 600,000 baht.

Read into that what you will!!! I love a well briefed sales force :-)

Lovely bike, but I'll be looking elsewhere now.

I was told the same. The bike on the floor was borrowed and that the bike would be imported and sold to thailand by the end of the year at approx 600,000

Large quantities of gold are not for sale at these prices. China would like to accumulate 6000-1000 tons of Gold but that is an impossible task at these prices. There is not a gold market for the large buyer. Any attempt made to aquire large sums of gold puts the entire monetary system at risk and may backfire on them allowing them to buy even less gold.

says WHO?

Nov. 30 (Bloomberg) -- China should increase the amount of gold it holds in reserves to reduce potential losses from a depreciating dollar, the China Youth Daily said today, citing Ji Xiaonan, head of the supervisory committee at the state-owned Assets Supervision and Administration Commission.

"We recommend China increase its gold reserves to 6,000 metric tons within three-to-five years and possibly to 10,000 tons in eight to 10 years," the paper quoted Ji as saying http://www.bloomberg.com/apps/news?pid=new...id=aMnUukhsa.hM

Large quantities of gold are not for sale at these prices. China would like to accumulate 6000-1000 tons of Gold but that is an impossible task at these prices. There is not a gold market for the large buyer. Any attempt made to aquire large sums of gold puts the entire monetary system at risk and may backfire on them allowing them to buy even less gold.

China, the world's biggest holder of foreign exchange reserves, renewed its commitment to the U.S. Treasury market on Tuesday but said it would be wary of adding to its gold holdings.

continued .. http://www.reuters.com/article/idUSTRE6280...usiness+News%29

"It is, in fact, impossible for gold to become a major investment channel for China's foreign exchange reserves. I have 1,000 tonnes now, and even if I doubled that holding, according to current prices, that would be about $30 billion," Yi said.

The paper market has grown WAY too big. It dwarfs reality. The price of Gold must rise to a price where large buyers and sellers meet.

and what will you do with your gold if/when America's debt gets uncontrollable? sell it and share your profit with the IRS? pray that Obama doesn't confiscate it in exchange for colourful printed paper to finance health care?

BLOGSPOT can explain why a 2nd confiscation will never happen.

Gold is off the table

The US gold hoard is now off the table. Think of a poker cheat who pockets his winnings yet still wants to play. When he loses he writes paper IOU's to the other players. Can he ever pull his money back out of his pocket without having it taken away? Think of an individual who declares his own insolvency and defaults on his obligations to pay, only to resurface later with a windfall inheritance. What problems will he face?

In 1971 the US refused to ship any more gold. It defaulted on its international obligations. It took its golden chips off the table but continued to play in the game. But the dollar didn't change. It still remained an international contract for gold. Watch the announcement:

Nixon Closes the Gold Window

As a politician, the President did not want to interrupt television viewers watching the tremendously popular TV series Bonanza, not wishing to potentially alienate those voters who fanatically followed the cowboy series. He was advised that the practical decision was to make an announcement before the stock markets opened on Monday (and just when Asian markets also were opening trading for the day). On 15 August 1971, that speech and the price-control plans proved very popular and raised the public’s spirit. The President was credited with finally rescuing the American public from price-gougers, and from a foreign-caused exchange crisis.

This was cheating, plain and simple. The international financial system and the global market place run on procedure protocols that are not binding. They are not binding, but without them, international trade would stop altogether. Just because a rule is not binding does not mean it is not important. And just because a non binding rule is broken, does not mean it disappears.

Why do you think the US gold hoard was never publicly audited after this? And why do you think the book value of that gold was left frozen at $42 per ounce, never marked to market bringing it "back into play"?

There are two international bodies that facilitate the international financial and monetary system, the IMF and the BIS. These two bodies are in opposite camps. The IMF is in the dollar camp. Its sole purpose is to ensure that third world countries can pay their dollar-denominated debts in order to keep the dollar alive. If that debt from third world countries could no longer be serviced, it could no longer be held as an asset within the financial system. Therefore, the IMF issues highly leveraged dollar loans to these countries to make sure that payments continue. In exchange, it locks up real world capital as collateral for the loans. This is NOT a system that supports third world economies. It is a system that supports the dollar's reserve function at the EXPENSE of third world economies. If the IMF stopped functioning, so would the dollar. And the US government would lose its external funding.

The BIS, on the other hand, coordinates central bank transfers to facilitate international trade balance. If the BIS stopped functioning, so would international trade. This clearing system is fractal in that imbalances are first cleared locally, then regionally, then nationally, then internationally. If the BIS didn't deliver, food would not arrive at your local store, at least until a local production, distribution and clearing system was set up.

This leaves us with a one-sided dependence dynamic in which the BIS and the rest of the world could, if they wanted to, stop supporting the IMF and let the dollar die. But on the other side, the dollar cannot survive without the BIS. But why does this matter? What could make the dollar even think about abandoning the BIS?

Well, if the US ever put gold back on the table through another confiscation of its citizens' gold, the BIS would call in all of its outstanding claims in gold at the rate of $42 per ounce. And the BIS would not be alone. Other entities would have legal claims for gold at $20.67 per ounce, and others at $35 per ounce. How much gold was either confiscated or defaulted on without due process of law? Claims of perpetual entities never go away. If the US government ever exposed its own gold (or its citizens' gold through confiscation) to the light of day, it would expose itself to all kinds of claims and an international legal mess. Under international law, the US is still an OUTLAW when it comes to gold!

This is why gold is off the table. This is why we can never go back to a gold backed dollar. It is also why they cannot call in gold AGAIN under the same dollar that they did in 1933. To call in gold at a specific exchange rate now, the US would first have to back the dollar with gold at that rate and then call it in. That would expose the US gold to international legal challenges for redemption. If they simply called in the gold without backing the dollar, the US government would be exposed to thousands of internal law suits. These law suits would rightfully demand a retroactive reversal of 1933 before any new confiscation could take place. They would demand that US official gold be distributed to all citizens at $20 per ounce BEFORE it could be turned back in to the government.

The US government will never take this risk! It will never expose itself to this legal nightmare! The US is already a golden outlaw!

If the coming dollar collapse takes the first waterfall route and hits the riverbed, how would an insane and illogical confiscation play out? Well, if the US dropped out of the BIS to secure sovereignty over its confiscated gold, the BIS would halt all international dollar traffic and probably try to use those dollars to buy gold on the international free market. The dollar would be instantly dead.

I saw a badly damaged bus on Suk 50 this morning. I wonder why they brought it there if it happened on 50

Sukhumvit soi 16

Great access to asoke (especially if you can cut accross with a bike), great access to Rama 4, great access to sukhumvits 22 24 and 26, thus to sukhumvit aswell. Plus if I wish to go further its maximum 1km of traffic before the high way. Food land, 7-11s and family marts all along the soi, and you have the option of 2 different MRT stations and a BTS all within 10 baht motorbike range. Its awesome.

A/C

Hot water

Covered parking

Thanks

It's like when you get a new credit card...

Well, if you GOT that new credit card, regardless of for what purposes you choose to use it, somebody at the issuing company decided that you were creditworthy or else they wouldn't have given it to you in the first place. They may turn out to be dead wrong in their creditworthy analysis, but that was their decision.

I wish I could of made it but I was feeling a bit sick all weekend. Nice shot of the Ninjette BangRon. I own the same one but I haven't taken any pics of the GF on it yet.

I may be able to get out there Later Saturday afternoon or early evening. Any idea what time it ends Saturday?

I get stopped a few times a week in BKK and my U.S license always seems to be good enough. I still need to get around to getting my Thai license

As for your questions. You need to do some reading on the FOFOA blog. FOFOA blog link

I concur. Read from the first post to the current..twice. It's a great source of info.