Member Info for fordm

Please excuse my typo's today. But figure most will get it...

I mean £700 was dirt cheap to start with, anything under £1000 is dirt cheap.

£2400 is just airlines getting loss or earnings back from lockdowns, we can thank our governments (all of them) for that.

Not say in it is not gouging, because it is.

"Rip maybeonedaysoon"

Ok, who was responsible for getting rid of him?

I'd like to buy them a beer!

Skindle, thanks, but I have enough on my plate for now.

bobbins, you are right, I must get my grammar right.

DB, nothing negative if it's true, 'cos it could happen. But it will not impact us, just like the last meltdown had no real impact. Now, as to who may apply that threat and blow it up? I'm 50/50 on that one, as I know the mantra of 'sacrifice a few for the many', is a ideology that comes from the US play book.

Never trust anyone that you would not give your new born to look after.

UK fast becoming a waste land. Proving once again how easy it is to destroy something from within.

The UK government does nothing to mitigate this, every other country has a 'us first' policy, but corrupt politicians are happy to receive favours.

All the banks are using African call centers, Halifax whom I had to call yesterday had a very nice chap, in Africa.

British Gas call center in Africa.

Bailey and Hunt destroying the economy by constantly raising interest rates that actually ADD to inflation.

Oh the list is endless.

I should add, CS were playing outside the rules and so punished. We all saw that outcome!

Ok guys, good news. It is not a conspiracy to manipulate the external markets (outside US territories).

IT IS POLICY!!!

So let me go back a bit. my holdings within Switzerland are 95% Swiss, the rest are unfortunately the US.

These are my long term holdings for old age (there already I feel) and retirement.

Recently I was sent a letter asking if I wished to remain in two of my funds as they were about to engage and change to 'ESG' funds. Do nothing and they become the new status, or opt out and find another one or two funds.

But I liked the funds, they were doing well. Until the ESG label was dropped in front and then they lost ground, 5% overnight.

As explained I had a brief consult last week and today a 'in person' with my broker. Now my funds are traded with a large Swiss banks that recently had to bail out another Swiss bank, I will not mention them, due to advertising rules, but there are other Swiss banks you could also use.

I asked him why the push to US traded funds and market, he said basically it was an internal policy, brought about with an agreement with the US government, IRS and SEC.

To be able to do business within the US, external companies and banks have to allow the US to have certain controls and must conform to these policies.

Racketeering and extortion come to mind??

Companies find out the hard way when they do not comply, even countries. Not sure about that? Look into FATCA!

Fund managers policy has been to transfer wealth from large accounts (or multiple smaller ones, mine) to US wealth funds. Thus propping up their market.

He said I did not have to do it, I could stay in my current funds but advised that the ROI would decline over the next decade and for him to do his job properly he thinks it is best for me to allocate funds to US ETFs etc.

I pushed about the manipulation, he said it was not done directly by the US, but rather by the fund managers doing it internally because of US pressure. He did not want o get into it further as he said it was actually 'policy' in their T&C's.

There you have it folks. I finally met an upfront honest broker and never felt worse, who knew!!

FWIW, I had an interesting conversation last week with my broker over here.

We were having a candid chat and he advised me that my portfolio (in Switzerland) be more US-centric.

I was unclear what he was on about, he said he was told to advise all his clients to that direction.

I pushed him on that a little more and basically he said that investing in the US market was a safer option as 'they' were looking to ramp up the US market and suppress external markets.

Now, anyone thinking this is not possible need to see what is happening right now.

I have a call with said broker later today in his office as he does not want o put anything in an email or over the phone.

To me, this is exactly what our 'special friend' does and has been doing.

I am happy to post what I learn later if anyone is interested.

This is not just the markets free floating, this is mass manipulation and no one can stop it.

You weaken foreign markets, investors will flock to your 'stronger' market.

Let us hope that IAG posts crappy results, it's the only way for this sp to rise. It never rises on good results.

Shocker for Jet2 holders.

It's a report from that idiot that flips and flops from one day to the next. Pay no attention to him, anyone can draw a line from points on a screen ans say it's going up. Historical data is useless.

I see American Airlines have hit another one year high today.

Shame none of that is transferring to IAG.

Bobbins, 'Boss Hawg'?

Looking at global markets, seems very clear that we need to shut down when the boss (the US) does. Nothing moved other than downwards when big brother is not playing or having a day off.

What a farce all these 'markets' are.

DB, angry typing...

As anyone who had doubts can now clearly see who controls our market.

Trading volumes are down across the board.

Skindle, you know bobbins is secret Hobnobber, he needs to live his true authentic self, as is the trend right now...

Bobbins, I agree about the never ending 'something around the corner' that we have had these last 2 years.

Of course not helping that IAG are loading up on buybacks, this is a double-edged sword. If they buyback whilst stock is cheap, question will be why are they NOT offering a dividend? So investors will steer clear, if they buy back whilst stock is high that could instil confidence in the market and so investors will buy in.

But who the heck knows, not me.

ps. congrats on your new distraction, would it not be the biggest kick in the nuts if she was a hobnob fan???

Hitting year highs today, at least AAL has, United not far behind.

I am hoping we can gain a little slipstream from them and move up too.

Next Tuesday is July 4th, apparently a big deal for the yanks. They seem to be dining out on that for over 200 years.

Domestic travel should be high, along with the fact that most US schools are now out for the Summer holidays.

No1, it has. Debt is around the £8b mark, but depends if they are using euros as the currency.

DB, I liked the cut of Jtan's jib, but Maybe, I think is that NorthScot guy that got kicked.

As for Oil, I think screamed himself into delirium.