Weir Share Price (WEIR)

When you consider how much, and how fast, the world has changed in the last 20 years, a 50 year reign is a stretch. If it does go that far, it is only by the consent of others to not trespass on dollar dominance, not because there is a valid case for it. Personally, I think the Chinese idea of a 'bag' of currencies plus commodities (i.e. real assets) can serve the world well. Speculators may not like it, but it would be great for the real economy. - As for your good friend Gordon Brown, he sold off the gold because he was convinced he was infallible in his calculations and assumptions, that markets tamed by brooding gits like him were the way forward, and gold was merely an afterthought. Hence, the answer to the conundrum is 'Egomania'.

US$ is the least dirty shirt in the CCY wardrobe. Glad I bought some for holidays at 2.00 to the £. I would personally like to see a bit more Gold in our vaults, but Gordon Brown had read some Keynes, & sold half at a rubbish price, the sale leaked so Johnny Foreigner knew not to overpay. The Treasury were aghast, but the boss knew best. I have NEVER heard an explanation for this totally stupid move, perhaps he should put one in his memoirs. The $ Will cease to be topdog in about 50yrs time, IMO

Dollar to remain resevrve currency of the world... The question is, should it really be, and why should it be? It's a multi-polar world, and I doubt it is a stable outcome or in anyone's interest. And the more this become the case, the more distorted all markets, and asset prices will be. The environment will become prone to shocks of all kinds. It will be difficullt to determine the value of assets - any assets - over time until some more credible value of exchange emerges.

I agree with the Bloomberg guy,' everything has been done by the Fed. Tk devalue the $, but it will remain the defacto ccy of the World. ' I keep a lot of greenbacks on hand & favur stocks which report in $. Hqve a few goldies as well, which have been disqppointing.

Oh, one more thing I forget to mention, and which does give me some sleepless nights, and does not relate to WEIR. That is the dollar, and the QE. Bernanke and his committee at the FED are beginning to leak out that there are 'issues' surrounding exit from this strategy. It was all predicated on growth substitute for all the vapour of (fake) money pumped into the economy. It looks to me that somewhere down the line, the dollar will have to be re-aligned. Because of the enormous quantities of dollars out there (and the American penchant of taking others for granted and abusing their reserve currency status) I think this dollar dilemma is going to be bullet that strikes the bulls-eye of ..... I am not sure exactly what, but this is kicking the can down the road. And looked what happened to the Eurozone when they did that for the sake of expedience. So, that is my main focus now - the US dollar. I have not reached any final verdict, as this is ongoing, but this is the main concern for me. If I reach some substantive conclusions, I will update you, and you can do with that (my personal) opinion as you wish.

Good morning. You have done very well here, I confess. But if I was holding, I would sell, because this is in speculators territory (in my view). I would imagine some are hoping that there may be a bid for WEIR, or something like that. There is nothing extraordinary that this company produces. It is good stuff, but the mining boom is over played, fracking is and will come up against environmental pressures, and the Chinese will storm in at some point, copying the products. Finally, the shares traded are very thin, and this leaves me with the impression that someone is having a derivative play here. The stock is merely a gaming chip. But that's my view. Perhaps the extraordinary rise will continue. IHG surprised me too. I would like to own that stock, but not at its current price. - Good luck, and if your strategy has worked for you, I would stick with it, and not listen to any doom-sayers. That's what Buffet did, and he came out on top!