Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video 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.
I'm not going to get draw into naming countries operating to the left of the spectrum because that wasn't the point I was making.
You could, however, look at a country like Norway for example, a country with both socialist and conservative representation and influence. A country that appears to have balanced both sides of the coin relatively successfully. Widely recognised a free and fully functioning democracy with a robust structure.
Lee Anderson doesn't represent the numbers you think he does. He is about to find that out, along with a number of other pretenders who spurned their chance with this country. I think you'll find that many doesn't disagree with the principle itself but do take exception at how it was conveyed. Anderson's politics were suitable back in the 70s but they have no place in the 21st century.
Dont watch the BBC either. Haven't watched it for years. Don't watch GBeebies either.
This is the measure that is often used to identify the most prosperous countries, rather than straight GDP. Sure China collectively is the second biggest economy in the world but would you really count that as a success when per head of capita they languish in 72nd place in the world?
Look at the top 20, they're all as you'd expect. Nordic countries, rich Arab states, the US etc. One notable exception is Ireland who are remarkably third in the world on this ranking. That is because they have a low tax, low interference state that attracts vast amounts of business. The exact opposite of socialism.
Ecuador is 102nd with the average GDP per capita just half that of lowly China. Surely a pro growth low tax conservative government could fire them up that chart and make all Ecaudorians feel better off. They need a pragmatic regime not a jam tomorrow regime hoping to fund itself from punishing business and thereby driving it away.
I bet RK's wife has added a load at these crazy prices. It would seem RK himself has been long lost on the golf course :)
I'd be more than happy to discuss any examples of successful socialist countries and how living in them was ultimately great for all of their citizens. There just isn't one and you know that full well. That is why socialism is a failed experiment best consigned to history. Unfortunately, I think a whole new generation of idiots are going to have to find out the hard way in the UK what a high tax, high interference nation with social unrest and soaring crime means to our everyday lives.
As for your sideswipe at Lee Anderson, he actually represents far more people than you imagine when he tells immigrants that if they don't like our £6bn per annum hospitality they should turn around and eff off back to France.
Just because the BBC doesn't paint this picture for you, doesn't mean that the vast majority of people in the UK aren't fed up with the wokery and immigration. The ambitious self-employed were hit not only by the socialist wealth grab that was Furlough, but subsequently by an enormous 30% riise in taxation when they're trying to recover to pay for socialist policies.
Trust me that when the straw breaks the camel's back arrives (and it will soon), anything ESG/BLM/Diversity and Green will disappear in a flash of violence and unrest. This nation is divided purely because the left cannot accept the defeat of Brexit.
You've got to ask yourself why that is.
Of course, it might have something to do with the general sickened state many people find themselves in after watching the western world governed rather shambolically by governments promoting conservatism. That isn't me, that's the record book.
You even flag the policy of, for example, communist China when you talk about their energy strategy. Surely they should have been the brainchild of those favouring prosperity, opportunity, free markets, etc?
Success and failure are absolute terms based on criteria that can differ from one person to the next. You'd have no interest considering anything a socialist government did as a success, so there's no point discussing this any further.
You ought to be mindful of those champagne conservatives whilst you're at it. There's a couple amongst the ERG. I suspect you're a rather large fan of one of the biggest ladder kickers this country has known in our lifetimes, but that doesn't suit your rhetoric eh.
I can't and won't find fault with the ambitious, hard workering aspirers that you mention. However, let's not let this tell the full story of the right where there's plenty of grifters. Unfortunately for every entrepreneur there's a Michelle Mone and for every business owner there's a Lee Anderson, and so on and so on.
Agree FTJNY, my point was simply that the more conservative candidate is more pro-business and therefore better for those of us trying to make money out of this frustrating investment.
The woke nutters just can't resist the chance to push their virtue signalling rubbish at every juncture, even if it is at the cost of their own investments. These clowns would be better off putting money in charity tins and living off grid.
The sooner we get back to calling a spade a spade and not worrying who is offended, the better.
Agree with your sentiments but as the saying goes it’s not over till the fat lady sings. IMO there are similarities with the last Presidential Election when Lasso only just scraped into 2nd place in the first round and was some way behind the first placed left wing candidate. So here we are a few years later and it’s a bit like deja vu. Noboa like Lasso has come from nowhere and is trailing the front running left wing candidate but maybe like last time around the right wing will coalesce behind Noboa and take him to the Presidency? It’s certainly all still to play for and my money is on Noboa to replicate what Lasso did in 2021
Well I'm off to bed early tonight as I'm too excited about tomorrow morning'S RNS
sleep tight all
ONWARDS AND UPWARDS!!!
Socialists largely fall into two categories.
1. "Champagne socialists" - people so wealthy that oppressive tax regimes don't matter to them. The goal of these people is to achieve a moral superiority whilst kicking away the ladder that got them where they are so that others can't enjoy that success
2. Lazy, Entitled or Unskilled people. These people have nothing to offer society either because they can't or they won't. Their version of socialism is to drag everybody down into the gutter with them.
In both cases, the people who suffer are ordinary hard working citizens, people with ambition who want to work hard to achieve a better standard of living than merely existing. People who take chances, buy property, work two jobs, set up businesses and try create wealth. These are the people who are the victims of both sides of the poison that is socialism.
The bullish story grows for SOLG. You wouldn't know it looking at the sp but majority of miners beaten up of late with bellwether congloms like Anglo and Glencore trading at levels last seen when Covid broke and DOW30 tested sub 20k.
But all is well at SOLG. Key red tape hurdles jumped and signed with Ecuador gov. Election concerns now behind us. Both candidates pro mining but no doubt about it, Noboa is in with a chance if he can get the Topic vote/partnership going. If Noboa wins... when mining looks set for a star role in Ecuador's future.
I can understand a few on the sidelines being pessimistic or negative toward SOLG but none can ignore the bullish backdrop forming now. The dull summer period coming to an end too means one thing.... SOLG sp should soon be reflecting the long awaited reveal. Scott and Bob et al must deliver or else it's going to be curtains for them at the AGM. They've had long enough now. Time to deliver or.... else!
You might consider yourself a centrist but in 2023 anyone a gnat's foreskin to the right of chairman Mao is considered "hard right"
Socialism's fatal flaw is that it believes a system can make better decisions for the people than they can themselves. This is of course open to the most blatant kind of "croneyism" and imbalance of power that you yourself point out. Socialism has failed in every single country in which it has been tried.
Capitalism isn't perfect but it's the least bad system. It at least rewards those who try hard, study hard, take chances and build businesses whilst leaving those who can't be bothered with a more basic existence.
Socialism of course leads to communism and the countries that can be considered communist are China, North Korea, Cuba, Vietnam and Laos.
There is a very clear and obvious reason why people fleeing nations in which they suffer socialism, communism or oppression are flocking to places like the UK and the US and not the likes of China and Russia....they see that capitalism works and gives people a chance in life.
Who said I didn't believe in capitalism?
I'm making the point that you're quite happy to keep trotting out the same narrative about the left, "the tree huggers" , "the climate nutjobs" or whatever insult you want to fire at them when in actual fact, neither ideal is perfect. Both have significant flaws. Both, unchecked, push society towards a different peril.
I consider myself a centrist. You'll call my type fence sitters and all sorts I'm sure. On some issues Iean right and others I lean left.
My problem is, and always will be, with extremism. That is the scourge that we should always seek to remove.
Slug yet again proves beyond doubt that he is the most unintelligent poster on here.
He talks about Brain Surgeons and Bin Men getting the same wages.
He doesn't even understand the fundamental principles of Socialism.
Has he never heard of Social Capital.
Just more hate from this individual.
Why would you invest in the stock market if you don't believe in capitalism?
Socialism and communism are failed models that have never worked anywhere, ever. The very notion that everyone is equal is beyond stupid. How do you get brain surgeons when bin men get the same pay and the standard of living?
Human beings are lazy, they need competition to excel and capitalism is the closest/fairest system we have. Work hard, do well. Sit on your backside, then suffer.
Capitalism = cronyism = greed & theft = destruction of economy.
No shortage of examples.
Noboa would have been a better choice for us to be out in front, he is more sensible and more pro-business than any socialist candidate would ever be.
Socialism = taxes = destruction of economy.
But hopefully the recent deal sheet for exploitation that included a 5% drop in the main level of tax will still hold if heaven forbid a socialist government is formed. With most of the rest of the world coming to its senses and rebelling with ring leaning leaders coming in, I think we could have actually been a little luckier.
Still time yet in the run off, but the main thing is that we avoided the tree hugging fruit cake.
Better result all round for Solgold! Feeling more confident than ever that good times are definitely coming for Solg and its shareholders. Happy Days :) :)
National Assembly
Party Votes %
Citizen Revolution Movement 3,120,809 39.28
Movimiento Construye 1,645,937 20.72
National Democratic Action 1,162,138 14.63
Social Christian Party 935,687 11.78
Actuemos 359,297 4.52
Patriotic Society Party 256,139 3.22
Claro Que Se Puede 231,956 2.92
RETO Movement 136,519 1.72
AMIGO Movement 96,849 1.22
Total 7,945,331 100.00
Registered voters/turnout 12,266,259 –
Source: CNE (~93% counted)
Candidate Running mate Party Votes %
Luisa González Andrés Arauz Citizen Revolution Movement 3,250,308 33.49
Daniel Noboa Verónica Abad Rojas National Democratic Action 2,277,954 23.47
Christian Zurita Andrea González Náder Movimiento Construye 1,601,476 16.50
Jan Topić Diana Jácome Silva Por Un País Sin Miedo 1,424,756 14.68
Otto Sonnenholzner Erika Paredes Sánchez Actuemos 682,350 7.03
Yaku Pérez Nory Pinela Morán Claro Que Se Puede 385,397 3.97
Xavier Hervas Luz Marina Vega Conejo RETO Movement 47,699 0.49
Bolívar Armijos Linda Romero Espinoza AMIGO Movement 35,016 0.36
Total 9,704,956 100.00
Registered voters/turnout 12,575,205 –
Source: CNE (97.62 % counted)
Likewise addicknt
I bought at 0.34p and sold at 1.10p chuffed to bits that I'd called it right. If only I'd left it run
Then compounded the error not exiting this fecker at 45!
And what a ride that was. For once in my life I bought and sold at the right time. It remains my best ever return, both in percentage and value terms and is unlikely to be surpassed.
Roughly seven times, which is marginally less than the rise in Greatland Gold from a crumby farm in!
Remind me how many multiples that is based on our current market cap