Member Info for bonker99

JUST ANNOUNCED: Half a billion pound-investment in UK-made electric buses.

Mornoing.

Neodymium tick-up of 0.94% on the day.

$77

It'll come.

On that note - take a look at Gold vs Housing in the 1970s but remember, Oil did even better than Gold ...

https://x.com/bonker_99/status/1839388845395399126

Yup and just look at the rates on the "payday" loans at less than 2 yrs maturity - nosebleed giving levels to 5% and only going higher.

A word of warning to those of you with mortgages BTW - there is no certainty at all that rates will drop for you - if it's a toss-up between bankrupting the country or you losing your house then your house is toast and Blackrock et al will very happily pick it up from you in a firesale of their causing.

https://x.com/Kathleen_Tyson_/status/1843285047001972849

Yup and just look at the rates on the "payday" loans at

A view on the Gold : Oil ratio BTW - oil needs to catchup and I like $100 / $122:

https://x.com/bonker_99/status/1843238773712420908

The US is fundamentally broke due to their enormous debt - repayments are now north of $1T pa and growing.

They need $15T of new debt funding over the next three years.

They're struggling to get decent 10-year debt away already and are having to take expensive/desperate "payday loans" at the "short end" of 2 years or so because people don't want their paper (debt) for longer as they know it's going to be printed into oblivion over the next 5+ years causing a marked devaluation in the Dollar that you'll be repaid in.

Gold knows this too of course - hence the huge rise there over the last year or so.

So, the only way to get out of this debt spiral is to cause enough inflation such that tax receipts stay higher than debt interest payment obligations.

A great way of doing that is to pump the price of oil as that causes price increases in just about everything we consume.

The ongoing devaluation of the Dollar in and of itself will also provide inflation of course - in anything priced in Dollars - such as Oil & Gold.

Oil & Gold did something like a 30x / 20x respectively the last time the Money Guys organised such a pump so don't be afraid to throw a nice few quid at both over the next year or two IMO - the rewards (not just nominally as with everything else) might just amaze you as everything else goes sideways via stagflation.

Chill - the 10-year is back above 4% again - they've gotta rocket Oil or the US is fkd.

I refer you to my recently posted 520-540p chart target.

WTI @ $76.25

Heading for a test of $80 I would think - FYI - it threatens/promises a return to $100 beyond there to my chart eye.

Topped-up here.

Tories task was to siphon as much cash out as they could - Labour are the same but they also have to destroy in the process.

Got Gold?

UK gov far more concerned with laundering tens of billions through nonsense projects than actually doing something useful - HBR are far better off out of it.

WTI @ $75.75

"Bullish Bets on Crude Oil are surging! November 100 call options see the highest open interest on record "

https://x.com/Barchart/status/1842772954859397386

341

PS: I refer you to my earlier "quid pro quo" comment.

It's not £8m, it's £21m.

Sorry.

Literally a notification of holding of 4.5m on September 4th on that link of yours and where I looked earlier on here.

Ha - I like the bit where they're trying to convince us that he's sold almost twice as many shares as he actually owns.

Talk about desperate ...

$75.5

Good Q - I guess the other directors would like to know why too.