very small trades, a 20 and a 4, one costing £1.28 and the other 26p. So what do we make of that?? An economics class playing at share purchases, kids with pocket money who maybe have an inkling something is up, or signals?
I cannot think that 2 in close succession could be s.o. buying in tranches, or getting the wrong no, first time round!!
Blackrock had less than 3% they declared yesterday. If you look at the sells late yesterday evening, was probably them. Leaves them with maybe Million shares left to sell...if that. Then upwards DDD goes...Director buying also helps.
Due to near zero interest rates and Quantitative Easing (aka legalised counterfeiting) then we will be in this deflationary cycle running a risk of hyper-deflation. When the central banks realise that they have got it wrong then they will be forced to pump huge amounts of cash into the real economy cause massive inflation. At that point the cash the banks have been hoarding will be added and we will go from huge deflation to hyper-inflation. It will be food and basic needs that will take the sheeples interest not ipads etc.
I agree, and you can add Kingworldnews and 24h Gold onto the list, that we are in the doldrums for the forseeable, but I just think that there are lots and lots of people for whom upgrading phones and computers are one of the last things they will economise on, and when one breaks there is no way you cannot replace it or you are right out of the loop. When you replace you tend to upgrade- not least because swifter connection times and so on are seen as time- saving, All children in all schools have a computer, and I really cannot conceive of that changing, especially as the price comes down over time. Even tramps often have a phone or computer. Gone are the days when it is seen as any kind of luxury. In many cases it is the cheapest way to communicate with friends and relations. In the case of relations in Australia, staggeringly so. Think of seeing relations on skype in 3D, or teleconferencing, or combining that with the kind of robotics that iRobot is working on. Saves on airfares, and the boss can see what is going on from afar!!
You do know we are in a world global depression biggest we have ever seen only hidden by massive QE by all central banks? Troubles in America? Cyprus? Greece? Pensions stolen? Just look at the following websites and before you think they are mad, look at the bio's on these people saying this. Billionaires, ex-governmental top officials, world bank whistle-blowers, fund managers with huge portfolios sick of all this fraud. Take a look and then you decide because this can not be sorted out. We are past that point.
It's not really about the middle classes. Computers, i-pads, whatever you get your games on, are not a middle class luxury, but a standard necessity these days. Even people on the streets sometimes have one. Furthermore though the middle classes might be contracting here, that is countered by places where they are expanding Even in the worst case scenario "bread and circuses" would not be taken away. People who are gaming or watching films are not rioting now, are they? are they?
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