Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Looks like that missed boat is at the jetty again.
Who feels it's a good bet to buy this share if it did go to sub £2 with the implications of supply, demand and divi.
Surely there is a point that it really doesn't make economic sense.
Posting while ****ed is dangerous.
So you know this is the bottom then.
Can you tell us where the top will be and when.
What if the the big loss is actually a small loss in the scheme of what might be coming. Ever heard of zombie shares. Can't ever happen to my shares!
As for cash being king. I can't pay with cash in most shops where i live as they don't want to touch the money for fear of this virus. However saying that i am currently taking as much cash as i can remove from accounts to store at home in my safe as i don't now trust the banks or the possibility that something could trigger a run on the banks. The worst scenario is it never happens and i have to filter the cash back in. What have i lost 0.5% interest
The problem with this current situation there is no template and all of the comparisons about the real depression and the spivs selling and buying the same loans to each other time and time again in '08 isn't like this.
We do know that asset prices have been artificially inflated, debt at record levels, buy backs manipulated share prices, computer programs driving prices.
Some people and the usual suspects among them such as, the spiv analysts, IFA's commentators etc are at default mode with the assumption that this is just a hiatus in the return to normal for indexes and shares. What if volatility is the new normal? Who is going to play that game with their own money.
I keep hearing about 2 months, 6 weeks, middle of summer. Where the hell do these wallies get these time frames from. If it is within those time frames it will be luck and not judgement that identified it.
Your post makes sense in a sane world. We aren't in sane times.
We will only know when the market has turned after the event.
The market better follow the economic impact of lost earnings and bankruptcies unless it is b/s as normal trading.
How true.
We are really going to bankrupt countries at this rate.
mervyn king was on bloomberg talking sh*te presumably told to do so. he is part of the problem not the solution.
All of these gobsh*te brokers and analyst b/s merchants would be hilarious if they weren't leading us off a financial cliff edge.
This is going to end in tears for all of us as we have been in a day dream of mass stupidity since the 1986 financial services act.
I am withdrawing as much cash as i can get over the next 2 weeks and have just closed my broker account and withdrawn the money.
Am I panicking? No, i'm just aware that there is a situation developing that is beyond any nations control and it will be too late to access my cash if there are limits applied. I'll keep enough for bills and shopping for 6 months on deposit.
People are made redundant, companies do close it is or was part of the natural scheme of things once. Now we have emotion posing as common sense.