Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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hhhhhhmmmm, not sure what happened there, try this one instead
https://youtu.be/zvTSS_ulo40
unless of course your guy is Eric Ten Hag. (he did pull a surprise win out of his hat, TBF)
hmmm....this link seems to direct me to footie...
I agree LGO, long dollar has definitely be the correct trade this year, but is that trade getting a little crowded ?
Have a look at this guy, I have followed him for years, he has a good insight of the bigger picture
https://youtu.be/4dJ89x4SVxk
Ha ha, Just a lucky call
Need Apple to tip over next, that will get the ball rolling, downhill !
If only someone had warned me about this!
https://www.cnbc.com/2022/08/21/stock-market-futures-open-to-close-news.html
that makes all the sense in the world, thank you.
Just wanted to come back to my question about the green back vs gbp. Whilst what you post is very sensible, as long as the us economy continues to outperform the Uk one (meaning perform less worse) why would we see a reversal in the usd to gbp exchange rate?
Hi LGO
My view is the central banks around the world have printed far too much money over the last 10 years which ultimately causes inflation, which is where we are now
Money excess breeds inflation, goods & services costs rise therefore employees demand more pay which pushes up prices of goods & services therefore the cycle continues
We are at this stage in the UK now, every time you turn on the news someone is going on strike for more pay, this will happen in the US
This cycle has been seen many times before & it always ends the same way, by raising interest rates & plunging the economy into recession, demand for goods & services declines because people cannot afford them so company’s profits reduce leading to redundancies, it is the same everywhere
The USA has always benefited from cheap energy, I think that is going to change this winter, like it has in the UK & Europe
Sleepy Joe Biden the US president has released the majority of the strategic petroleum reserve, which should be reserved for natural disasters etc to artificially depress the price of crude oil & to allow fat stupid Americans to drive around in their 2 tonne SUVs without costing too much, what happens to the price of crude when a hurricane knocks out the oil rigs in the Gulf over the winter now the reserve is empty?
Europe is going to have the mother of all battles this winter because of the Russian energy crisis, they will be buying any energy they can from wherever they can, including US LPG. At any price just to keep the heat on, boosting the price of energy worldwide, US nat gas prices are now at historical highs.
These two factors alone I think will influence external investors to the USA to look elsewhere, when this occurs the USA dollar will decline, because the world’s commodities are priced in USA dollars this will cause a massive spike in commodities, spiking inflation to new highs, that is when the market will collapse
These are my reasons for shorting the markets, i always short or go long the indexes instead of individual stocks.
Thanks Troajan will have a look when back in the office
laksmir888
that was her name one here,but she's on twitter now
cracking TA predictions,short termwise
dunno the handle on twitter,but its similar,to the above
Thanks
Any TA guys out there, I am looking to short the S&P big time at 4000 ish, just above the 50DMA & descending wedge back from April, some are saying 4200 as the high ?
but my view is 4200 takes out the down trend ?
Any views ?
gaz
hs2?
infastructure,might be awast of money now....but for the long term,theyre an investment and awealth payback.
lookat china,spent billions backin the 90's,now theyre reaping the rewards
Troajan
I agree, i have rolled the dice this year & so far it has paid off, don't really want to give my winnings back to the house.
Cash is good enough at the moment, think i'll have a look round for some nice divi payers for a dividend capture trade to pass the time,
cheers for the links
windows
copper is basically,fixed to manufacturing sectors.
china/usa/china,being the top 3
all suffering from lowering gdp data.....so while growth is trending lower,so copper price,will follow that trend..imo
in a nutshell,the worlds crap,for now.lol.
especially,with central banks,hikong interest rated....which they say,will last another 6/12 months.
sit on cash m8,or just short term trade,while the vix index,is quite
https://www.macrotrends.net/2603/vix-volatility-index-historical-chart
Yes the copper price chart looks super bearish short term, when It broke through $4 it caved in bit time
Think I’ll put that one only my watch list as a trader, cheers guys, I would have never looked at that closely otherwise
The board is paying off already :)
he can be a bit rampy,this guy.lol
https://www.youtube.com/watch?v=MHvmTDKb4Hs
more long term.
windows
to me,its all about cycles m8,gazzleberry,knows about them aswell.
obviously,slowing world growth,as stunted the upcycle,sending it to bear market,price wise
together with most base metals
but oil seems to be bucking the trend,equities wise,even tho the oilprice as stalled/levelled out.
something will come along,for a new cyclical commodity,hydrogen/cocoa/rubber/palmoi.....who knows
buying physical commods?....yeah,as long as you sell,before the bubble,bursts.
like vandium,about 4/5 years ago,when bmn,20bagged on that vanadium up cycle
bond market yields?...they've been in a upcycle,for over 12 months,but obviously,the yields are low.....unless you go into corporate bonds
back to copper?.....just a case of when,after all,its almost in supple defecit
Hi troajan
Nice to have some more input here,
I have always been one for direct investing if I can, if I think oil is about to rise in the short term I will buy LOIL instead of BP,
Same with copper, I would just buy LCOP instead of the miners, I am strongly moving away from buy and hold investments at the moment, the only reason to hold longer term is for the dividends.
I think with modern trading methods / algos etc. market cycles are coming around much quicker than 10-15 years ago.
Yes, I agree a lot to be said for the boring old dividend payers, reinvest & forget for years, 60% of my portfolio was just that until the beginning of this year
Copper is the bellwether for the economy, when the dust settles & the dollar starts to weaken its a must really
I looked at a cybersecurity co. Last year I think, Darktrace DARK, rocketed to £ 10 per share, I was busy with other things at the time, next time I looked it was £ 5, now about 3.40 ish, some good ideas just don’t play out
Who do you use for crypto/ algo trading ? I must admit crypto is my pet hate, I just don’t see the value in it at all, be nice to have a company I can trade the short side with
Cheers
My crazy view of the market
Since the last financial crisis in 2008 central banks around the world have held interest rates at effectively 0% instead of steady raising rates to a more historical norm of around 6%, so many households & businesses became addicted to basically interest free money
When coronavirus came along the federal reserve in the USA started buying bonds to support the market to avoid another financial crisis, this process went on for far too long, causing the stock market, especially the Nasdaq, to be ridiculously over valued and ready to burst, the ultimate result was inflation, where we are today
The markets have come off their all time high from the beginning of this year, which I expected & have traded successfully, i have now closed my shorts positions and am fully in cash evaluating the next move
The US dollar has reached an all time high this month partly due to the fed raising interest rates & partly due to its safe haven status currency, this along with the recession risk has deflated many commodity’s ie copper, wheat, which generally trade the inverse of the USD. This in turn will effect mining companies which the FTSE has many. Banks in the UK will benefit from the higher interest rates but will be punished by increased defaults on loans due to the recession.
The fed is now trapped between raising interest rates too fast & causing a recession or raising too slowly and allowing inflation to become entrenched
My view is the fed will take a 3rd and more destructive route, they will continue to raise interest rates just enough until the inflation figures start to come down, then they will stop raising rates. This will be fantastic news for the stock markets that the fed has finished its tightening cycle, it will rally aggressively, only to stoke up inflation once more, the fed will then have to start raising interest rates all over again, this will be the catalyst for the stock market crash, many including me, have been waiting for.
So my overall view this year is that the lows are not in yet, I expect some quarter end positioning next week by the big funds so it could go either way, the banks reporting season in the US starts the week after. All eyes will be on the inflation figures, when they start coming down the market will rally, possibly mid next quarter. I feel the crash will be end of this year beginning of next.
I mostly play the US SP500 index at the moment as it the most liquid & traded in the world
3ULS = 3 x short the SP 500
3USL = 3 x long the SP 500
Be careful with these, they can be savage if you get on the wrong end of them, have a look at the charts
As regards individual stocks, I won’t be buying any this year, I plan to buy dividend paying funds after the market crash, ISF etc, IUKD is a good one, I have played this one a few times, even just for a quick in and out to pick up the dividend
Just my thoughts.
I totally agree Gazzleberry
I think it was LGO on the CBX board that raised a pivotal point for me months ago, cannabis in its various forms has been used for pain relief & medicinal purposes for centuries, that is where its future lies, not cosmetics .
I have just finished my ramblings on my trading view of the market, i will dump it on here, any comments good or bad are welcome