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.
I also topped up middle of yesterday , finally reinvesting the dividend, as gold touched 1680, as the likes of the pundits , those who seem to get it right rather than sell the stuff, who have been this is a very strong resistance from the flash crash low, so we would get to it and the to and expect a bounce to around $1800. Therefore I am not selling yet unlike you Wild Tiger and will see what happens as/if we near $1800
Wow, where do I sign up for a subscription Tiger?
What will you call this wonderful service?
May I suggest “Professor Hindsight’s Stock Cornucopia” - has a catchy ring to it :)
PS Thanks for the post of the Crisis on Wall St video Gnome, although have seem it all before I still find the assorted idiots defending themselves whilst blaming everyone else most amusing :)
Delusional.
Every post making it more clear.
Or are you taking the **** out of yourself,for a laugh.
;-)
For those with an interest in how things happen, 4 parts, well worth the look
https://www.youtube.com/watch?v=ZLIV0Zb5lfM
we do such an incredible job of forgetting the key learnings from the past, and chase wildtigers promising wilder returns with no downside, plus a tub of snakeoil to boot. Go tiger!.
Here is another I came across, (remember VW?)
the history of catalytic converters reveals another side of Detroit [ or just a deeper darker side]. The industry refined the technology only after Congress imposed strict limits and deadlines and foreign car makers threatened to develop cleaner engines. It lobbied forcefully against passage of the standards in 1970, calling them unobtainable, disastrously expensive and environmentally unnecessary. It pressed its case right up to the date of installing the first catalytic converters, and even after the devices put millions of cars into compliance, it fought to have the standards relaxed for cars and not extended to trucks...cars smoking, people smoking, similar?
The movie about it ...
https://www.latimes.com/entertainment-arts/movies/story/2021-06-30/no-sudden-move-review-soderbergh-don-cheadle-benicio-del-toro
enjoy the weekend. I will !
best
the gnome
I would take £3 now.. (let hope Martin builds strong and quick)
but still prefer golden flip flops £5 plus yearly divi....back to the real world
Go for it Tifer, you’ve definitely got skills.
"for credibility" Steve come on; let the fantasist play....LOL
Sometimes I do, sometimes I dont depending on how I feel lol. But when I launch my paid service my subscribers will get ALL my trades for sure.
For credibility, if you post a sell on a profit it's always good to post the buy at the time, not retrospectively :-).
There were couple of signs I spotted yesterday after US the market opened
Just out of interest Wildtiger- what made you buy in at pretty much the lowest point yesterday when you posted this at around 11:00?
Wildtiger
Gold heading lower21 Jul 2022 11:15
Looks like gold wants to go to 1500-1600. Not good for CEY. Patience is the key here, wait for the gold to touch the 1500 range
Bought at 77p yesterday, out at 80.2 today. Don't believe gold will stay above 1600 for much longer
Just trying to help you to upgrade to manuka honey x
Martin certainly did a good job at selling bag of fruit to Resolute Mining, for a great gain to Toro shareholders (and some pain to Resolute shareholders). It does suggest, that he is good at sales, and very good at selling mines for a good price. It infers that IF there is a sale of CEY it would have to be at a good price, which is the narrative he is building now. It is taking more than 6 days, but this is because he is a mere mortal.
best
the gnome
Thanks Steve, I'll just get on with my jam making for the time being x
Thought I'd better correct you lol- duh lol indeed :-)
Buy another's debt and you have their loyalty. Threaten to raise rates and they squirm. Then show them them that their EU vote is worth sweet FA.
It never ceases to amaze us how gullible politicians can be.
Meanwhile @home..
Interest payments paid by the government for last month hit £19.4bn, it pushed government borrowing for the month up to the second-highest June level since records began in 1993.
Thanks Goldnome and Razors , our voice of reason and reality, in a world of traders worried where their next quick buck will come from.
Duh lol
Equities in Europe traded lower in the premarket on Friday ahead of the preliminary report on the services and manufacturing sectors in Germany, France, the Eurozone, and the United Kingdom. Britain will also reveal its newest update on retail sales. The markets also reacted to the European Central Bank's (ECB) decision to raise interest rates for the first time in 11 years, by 50 basis points, to combat the rising inflation.
The DAX went down by 0.55% at 7:19 am CET. At the same time, the FTSE 100 decreased by 0.06%. Meanwhile, the CAC 40 dropped by 0.51%.
The euro lost 0.46% to the dollar at 7:24 am CET to go for $1.01834. At that moment, the pound sterling fell by 0.28% against the greenback to sell for $1.19585.
Baha Breaking News (BBN) / JR
The ftse decreased by 0.06%
I wouldn’t exactly call it down but I suppose technically they’re right.
Happy Friday y’al
Enjoy the weekend!
The European Central Bank raised interest rates by a larger-than-expected half-percentage point (PREVIOUSLY THEY SAID NO INTEREST RATE RISES TO 2024?) and unveiled a new plan to buy [WHERE DOES THE ONEY COME FROM AGAIN?] the debt of Europe’s most vulnerable economies, seeking to protect the currency union as it navigates the twin threats of skyrocketing inflation and slowing economic growth.
The move takes the ECB’s key interest rate to zero, ending the bloc’s eight-year experiment [??!!] with negative interest rates and capping two weeks of drama for Europe, which saw Russia cut and then restart the supply of vital natural gas, along with the collapse of Italy’s government.
On Thursday, she said the bank expected inflation to remain high [BEFORE THEY SAID INFLATION WAS ONLY TEMPORARY ??!!] for some time, partly due to the euro’s falling exchange rate against the dollar, which raises import prices.
One could believe, as I once did, that the bankers know what they are doing. But really , its all an experiment. and you know who the guinea pigs are?
best
the gnome
5% or 150 basis points LOL depends on your chart LOL
long may it continue and the UST 10yrs down nearly 5% wow...
Cowichan don’t you ever leave here!