Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
CEY is simply tracking gold minute by minute. A $14 drop in gold nudges us down almost 2%.
If your trading the pattern might just as well buy and sell a CFD linked to gold.
How did that prediction work out for you
HI Market, I thought you may care to support this, it seems the idea that the wealth of the obscenely rich trickles down to benefit the poorer masses is somewhat flawed to say the least especially when considering the disparity between rich and poor on the percentage of tax paid initially!
In the past few years, the richest 1% of the world have acquired nearly twice as much money as the bottom 99%.
While Elon Musk paid a true tax rate of about 3% for years, a rice trader in Uganda paid 40%. She makes US$80 each month -- and Musk is worth US$180 BILLION.
https://secure.avaaz.org/campaign/en/tax_the_rich_loc/?crtqjhb
Equities in Europe traded higher in the premarket on Friday ahead of the latest reports on inflation from several countries. The day before, the United States revealed its annual inflation landed at 5% in March compared to February's 6%, bringing optimism to investors. The following week, the Eurozone will unveil the March figure for its consumer prices.
The DAX rose by 0.19% at 7:29 am CET. The FTSE 100 advanced by 0.19%. The CAC 40 gained 0.25%. The Eurostoxx 50 grew by 0.18%.
The euro went up by 0.19% at 7:35 am CET to sell for $1.10677. At the same time, the pound sterling increased by 0.11% to go for $1.25367.
Baha Breaking News (BBN) / JR
Happy Friday y’al
Enjoy your weekend!
Oooops guys- soz, was having a senior moment and I’m not that old lol relatively speaking :-)
Trading Statement.
Alliance notices .
20/04/ 23 ,
Centamin !
?
Centamin PLC Trading Statement
Can see this closing 120 tommrow!
$2042.28 + 1.36%
FED not due to speak though... unless I've missed something...
Yes Steve ,and the Gold Price in dollars down a little at 2043. :-)
But of course can always drop sharply on FED statements.
So no need for me to comment...
Good to hear from you again Market!
You may find this link of short talk of interest
John Gray makes the case for proportional representation as a means to revive British politics and fuel new political ideas.
He argues that, for the last thirty years, government in Britain has been 'Thatcherism on autopilot'. He says that the 'cult' of the free market has been pursued by both main parties but it has long since run its course.
He believes a change in the electoral system is now urgently needed, to encourage a greater variety of parties entering government and truly present voters with a choice.
'A seesaw between two parties,' he writes, 'can only accelerate our ongoing slide into becoming a poor country in which nothing works.'
https://www.bbc.co.uk/sounds/play/favourites/m001k856
RBC raises Centamin price target to 135 (130) pence - 'outperform'
Hi LuckyLuciano,
You may find this link of interest,
Bad information ruins lives. We’re a team of independent fact checkers and campaigners who find, expose and counter the harm it does.
False or misleading claims affect us all. As fact checkers we’ve seen first hand how bad information promotes hate, damages people’s health, and hurts democracy.
We deserve better.
Full Fact fights for the right information to reach the people who need it most, whether that’s individuals making decisions about their health or who to vote for; or politicians debating the future of our country.
Our principles are simple. Anyone making serious claims in public debate—fact checkers included—should be prepared to:
Get their facts right
Back up what they say with evidence
Correct their mistakes.
What we do
We fight bad information in different ways. First, we fact check claims made by politicians, public institutions and journalists, as well as viral content online. We all deserve information we can trust.
https://fullfact.org/
Hi Pipedreamer,
On thus forum some know more than other or less than others on all manner of subjects including Centamin, mining and the markets, but that said we are all learning because so much of our world is in a state of flux .
If we are honest then none of us know what the future holds because we never have access to all the information about Centamin,the markets, or our world come to that!
No method is reliable for predicting the markets!
Somehow I missed this post.
When I was asking about potential profit and dividends, (which you kindly worked out) , I was hoping for a gold price over $2000 and maybe even $2050 to enable a rise in dividend whilst still paying for clearing the waste away and investing for the future.
In the relatively shorter term, the share price where it is now and higher /better dividends would suit me as I will be reinvesting the dividends .
agree. also consider how much money is being lost to "woke".
European stock exchanges were mostly higher in the premarket hours on Thursday as data-packed day kicks off.
In Britain, report on gross domestic product (GDP), industrial production, and trade balance were posted. Additionally, investors will receive the final reading for March inflation rate in Germany, while industrial production data for the euro area will be released after the opening bell.
The Euro Stoxx 50 rose 0.20% at 8:01 am ET. Frankfurt's DAX was flat. The CAC 40 climbed 0.35%. London's FTSE 100 added 0.07%.
The euro traded 0.07% lower against the dollar, to sell at $1.09847 at 7:58 am CET. The British pound was flat against the greenback, selling at $1.24818.
Baha Breaking News (BBN) / AB
Agree ------ one third of our work force in active , get labour in it can only get worse--- not a tory but Labour is a disaster waiting to happen. Torys are the worst of two evils. I feel this country is pretty sick when one in eight people of working age claim benafits . the state cannot absorb this ongoing thanks or the south east that contrbutes over 65% of the uk income . end of rant nearly give the scots independce and a new motor home so they can get back to when it all goes wrong.
mrtibbles
while we are on this conversation I would add.
What happened to all the millions if not billions the Tory where awarding to ghost covid related companies, in 2020 and what happened to BBC coverage on that.
If they at least would collect taxes only via VAT and not personal income, it would be a fearer society, where more money you have to spend and more you pay taxes.
More over that is when they could control and effectively implement policies. No real need to making many laws really, just put up or down a VAT on items that you want to promote or prohibit and the Gov. job is down....but then again can you imagine how many Ministers would be queuing at the unemployment office?
Why ?.Thought i might have got a reply to my post as i basically got the call .With all the garbage written on Forums i thought i'd get a comment.
Still trying to link up with those that are smart.I'm anxious to learn,so as i say i'm a bit (well more than a bit) disappointed with the response to my post,or lack of it.Engage ?.
So much for the Tory party claims to be the party of low taxation, in reality they are masters at squandering public money on schemes and scams run by their Tory party mates whilst by the imposing stealth taxes on the majority of ordinary people!
https://www.moneysavingexpert.com/banking/tax-rates/
https://www.moneymarketing.co.uk/news/chancellor-halves-cgt-allowance-to-6000/
https://www.gov.uk/government/publications/reducing-the-annual-exempt-amount-for-capital-gains-tax
Government has wasted £26.8 billion under Sunak’s watch
https://www.independent.co.uk/news/uk/labour-rishi-sunak-chancellor-government-ppe-b2291581.html
Dominic Raab’s department wasted ‘staggering’ £238m on array of botched projects, according to new figures – an increase of 14 times on the year before.
https://www.independent.co.uk/news/uk/politics/dominic-raab-moj-waste-justice-b1988526.html
https://hansard.parliament.uk/Commons/2022-02-01/debates/151F8D55-94D6-408A-88CC-970D350C6F9D/TacklingFraudAndPreventingGovernmentWaste