Member Info for Auson

TornadoTony,

Is it likley that algo's not people have responded to the data not having this nuance ?

DASUT,

While I feel the sum raised was a drop in the ocean compared to UK National debt, I struggle to see why Gordon saw the need to sell any Gold what so ever. Why not just use it as collateral for a cheap Govt loan interest is paid by the tax payer anyway.

Ancientarcher,

most if not all of the sell trades looks like retail to me. Why didn't you mention the 423,985 buy at 08.1356 price 14.9906p

Flatliners,

You must be a multi-millionaire knowing the future like you do !

I think it more likely the Fed will cut 0.25% also by far most AI stocks by market cap are on NASDAQ not the DOW.

Flatliners,

Mag 7 aren't even in the DOW mostly anyway, just Amazon I think

Flatliners,

The DOW is up 11.1% in a year not what I would call a 'proper stock market crash'

Redwineday, 404x

Yes you are probably asking too much from an Egotistical Narcissist.

I do agree with the general thrust of your comment that he should be doing more and concentrating his efforts on SFOR

Redwineday,

Hes no shrinking violet and has always done it, WPP or SFOR performance regardless. They had a massive presence at Cannes this year, do you think they should have skipped Cannes and just kept their heads down because the share price was 50p ?

Quark3,

I didn't really want to get into all this but.

I fail to see how children and babies can support any political/ terrorist organisation, and if they did how on earth they are culpable punishable by death.

Hi Dark_Knight2020,

I can't answer your question re the sell off into the close but I am more than happy seeing POG still at $2444, almost $100 up from the 25 July !

Simonhesays,

Only for retail shorts, I think the pros are short as part of a well orchestrated strategy with our recent major US holders.

'Iran is enriching to up to 60%, close to the roughly 90% that is weapons grade, at its Pilot Fuel Enrichment Plant (PFEP) in its sprawling Natanz complex and at its Fordow Fuel Enrichment Plant (FFEP), which is dug into a mountain.

Since the slowdown, those plants had been enriching uranium to up to 60% at a rate of about 3 kg a month, the IAEA said.

"The Agency confirms that, since the end of November 2023, the rate at which Iran has been producing uranium enriched up to 60% U-235 at these two facilities combined has increased to approximately 9 kg per month," the report to member states said.

By the IAEA's theoretical definition, around 42 kg of uranium enriched to 60% is the amount at which making a nuclear bomb with it cannot be excluded.'

I can guarantee y'all one thing.

In the markets we are all wrong !

Kando,

You think a Trump victory will cause a market sell off ? History would dis-agree with that theory.

Goldinvestor7,

I think Tornadotony is just posting his research and view, I've not seen any de-ramping/ trashing the company or spreading of fear. He got the POG call wrong but it seemed his logic is sound.

Just out of interest Tornadotony, where did you get the stats on the the Gold being dumped on the Comex ?

Mrtibbles,

Now we're talking, some great ideas there, although it not all plain sailing when nationalised

'ASIC sues AustralianSuper over multiple superannuation accounts'

www asic gov au/about-asic/news-centre/find-a-media-release/2023-releases/23-249mr-asic-sues-australiansuper-over-multiple-superannuation-accounts/

BrokeNSmoke,

It doesn't say, the numbers are from the Investment Association. I am thinking perhaps they have put it into individual stocks such as US Tech. The article goes on 'Tech on top

Weak relative performance by active managers isn’t entirely down to stock selection skill, or lack thereof, because some pretty stern headwinds have been battering active funds. Most particularly the continued dominance of big US technology stocks continues to pose existential questions for managers in the key Global and US equity sectors. Taking these two sectors out of our analysis, the proportion of active managers outperforming over a 10-year period rises to a more respectable 46%, within a statistical whisker of the 50% that might be expected in normal conditions.

As Terry Smith points out in his latest letter to Fundsmith Equity shareholders, just five big tech companies were responsible for 46% of the returns of the S&P 500 index in the first six months of this year, with Nvidia being responsible for 25% of the returns. Failure to hold a full market weight in the top performing technology stocks has therefore been a costly enterprise for active managers this year, and over the past decade. But to match a passive fund’s exposure, an active US equity fund would now have to hold 32% in the Magnificent Seven stocks, with 7.2% in Microsoft, and 6.6% in each of Apple and Nvidia. Those are pretty punchy positions for an active manager to adopt, with the unsettling result they would simply be in line with the rest of the market on that portion of their portfolio.

The same problem impacts global fund managers because the S&P 500 now makes up around 70% of global stock market capitalisation. Despite the fact active managers have in large part failed to outperform their passive rivals in the Global and US sectors, investors may be buoyed by the not inconsiderable consolation that returns have still been exceptionally strong. The average active US fund has returned 278% over the past 10 years, while the average active Global fund has returned 173%.'

Once the windfarms are up and running there will no doubt be a real Wind-fall tax to pay for all the generous subsidies and loss of North Sea tax revenue.

'Retail investors put £37 billion into tracker funds since the start of 2022, while at the same time withdrawing a staggering £89 billion from active funds, based on Investment Association data. These are absolutely unprecedented outflows, and compound the performance woes experienced by active managers.'

Mrtibbles,

' worse investment decisions ' Having reviewed some of the terrible pension funds performance I don't believe that is always the case. Neil Woodford is a stand out case for worst investment decisions, he had meetings with the boards and as a very large stakeholder in certain companies was privy to all sorts of company / info. I think he was buying Metrobank stock at £20 and didn't sell them 48p today after a 20% rise from yesterdays close.

www marketwatch com/story/are-retail-investors-better-at-picking-stocks-than-hedge-funds-bank-of-america-says-the-answer-is-yes-11654546261

www ajbell co.uk/articles/investmentarticles/278638/just-third-active-fund-managers-outperform-passives

www trustnet com/news/13414597/nine-in-10-pension-funds-fail-to-beat-a-ftse-all-share-tracker