Member Info for Gunsup

MV

Respect..

For sure that is the case.

But..

Under this Govt all the money has well and truly gone and no one looking for it...

Freedom of speech also being extinguished, as those with commonsense and ability are hushed so as not to embarrass the fools. Not get me started on the gender issues.

This Govt done what it can to disincentivize investing look at CGT. They also has given the private landlords a good kicking.

Rwanda? what you say?

As for the tory ministers not the squeaky clean at all.. Why Sunak not answer question on Theleme?

Also this may be the first Govt in living memory to take us to war. We are on the knifes edge with this one and where are army? Best ask Johnson he was pairing it to the bone...

This Govt imo leading us towards a communist dictatorship...

Orwell he was only 40 yrs out ...

STP

Has been worse Govt in living memory as I sees it..

Brown only give the Gold away. This crew has given our country away and left us bankrupt.

Mick-b

Morning Bros..

Respect. For sure that is the case..

Is a coincidence..I just bought one of the last Fiesta ST-line X as a bit of sentimentals.... I not need it as I have 3 other cars but You know is a man thing..

Suzuki now eyeing up the small car market..

Not everyone they is wanting big EVs.. In the anycase depreciation is still eye watering.. lease is only option on those as I sees it.

Latest on the Guy with the Porsche Tycan EV.

Purchase price £120K

latest offer prices this month. Lowest £23K tops £38K.. Is a lot of money to lose on a car... I would be wanting more of my carats back ..

John Kirby stirring up the hornets nest in Ukraine.

Lloyds been landing on a few ladders this week .. But still the bumpy road ahead and Labour Looking to form next Govt..

Morning Bros..

Coutts heading for the FTSE exit door as they is having the plan to pull £2bn from Uk markets..

https://www.cityam.com/coutts-under-pressure-for-pulling-2bn-out-of-london-stock-market/

Who can blame them? Following a well trod path with that one..

Ukraine going from bad to worse... Who it favour ?.. My pecking order. Weapons makers, lawyer and then top of the pecking is Blackrock... As with the covid our ruling elite wonder what powers they can use... As the Erasmus he put it..

"There are some whose only reason for inciting war is to use it as a means to exercise their tyranny over their subjects more easily. For in times of peace the authority of the assembly, the dignity of the magistrates, the force of the laws stand in the way to some extent of the ruler doing what he likes. But once war is declared then the whole business of state is subject to the will of a few ... They demand as much money as they like. Why say more?

Desiderius Erasmus

Morning Bros...

88. Maybe a double edged sword for many. I is also very skeptical of US intentions here... As I sees it boots on ground Ukraine lacks.

In the Uk we has almost 23,000 Regular Reservists with recall liability under Section 22 of the Reserve Forces Act

Plus a further 55,000 personnel under Section 68 of the RFA 1996.

The longer this play goes on the more involved everyone will get...

We also has almost no defence against missile attacks. In 1953 it was assessed that a first strike hydrogen bomb attack on our precious island. I cannot recall the total yield would see off 12 million in the blink of the eye leaving those that survived to a potentially worse fate.... We need a global statesman to sort this out...

67Sam

Respect but I was believing that shine on you crazy diamond is the tribute to Syd Barrett.

Evening Bros.

The question is .. Is we heading for the Minsky moment. Debt is stacking up like we never see before. POG still high. The oil who knows but the US strategic petroleum reserve not been replenished due to cost. Was 727 million barrel authorized storage capacity on December 27, 2009.. Across the various cavers" On 2nd April 2024 stand at 361.9 MMB All eyes on the Middle East.

For sure one of most troubling things today is the shutting down of Mr Farage and Mrs Braverman.

They not far right, just right but they forget the one thing. As Orwell he says

" "In a time of deceit telling the truth is a revolutionary act."

Usual suspects been bickering on here again today. Remind me of the Pink flloyd wish you were here line. It go.

"We're just two lost souls

Swimming in a fish bowl

Year after year

Running over the same old ground

What have we found?

The same old fears

Wish you were here"...

Skier1

You are a wise man.

For sure that is the case... Yet the drawbridge to the Uk it still down with a big red carpet on it. Today someone saying we need the iron dome. What use that now?. Where also the shelters?

Uk very unprepared as we has been saying for a long time. No good defending everyone else. Uk first priority or is I missing something. You know what I am saying..

I is adding straight of Hormuz to the problem list.

Apologies bros I misspell the headline

Morning Bros.

If the Uk ever to cross the stormy economic seas it need more people rowing.

Today the figures..

Long-term sickness hits record high

The number of people out of work due to long-term sickness has hit a record high, official figures show.

There were 9.4m people economically inactive in the three months to February, according to the Office for National Statistics, which is the highest since 2012.

Of those, 2.83m said long-term sickness is the reason they are out of work.

Unemployment it also rising to 4.2% up from 3.9%..

Not enough seeing work as worthwhile even with good money...

System need a radical overhaul. Benefit it need to be reduced by 50% every 3 years.

Taverham. Respect but this play will be about the yields on the Govt bonds. Interest payments unsustainable. Rate will fall but may not be for the right reason. In the meanwhile overleveraged businesses and sectors that have to absorb ever rising costs it can't pass on will go to the wall.

CRE causing big headaches for banks.l

Morning Bros.

Back in the Lloyds house after two week vacation..

Economy still going to hell in the hand cart.... Only has to look at the price of Gold.

Skier1. Respect

Shahed drones. I would not underestimate Iran overall capabilities. Took 350 coalition aircraft and Iron dome to eliminate the threat but they has a lot more up their sleeve. Don't forget the allies Achilles heel. Straight of Hormuz almost 25% of world oil it go through there, big problem and the inflation genie it never go back in the bottle. Not that the US it wanting that regardless of what they is saying. Also this play in the middle East is just what Putin wanting. USA currently fighting ? 9 wars mostly as a proxy. Still the Uncle Sam will not like the bill..

See what the market it make of this today.

Labour Govt still inbound.

Respect to the farmers around the Westminster last night. We talk all we like about the money, CBDC, gold etc but you cannot eat any of these things..

Evening Bros

"Private equity binge threatens to trigger financial crisis, warns Bank of England"

https://www.msn.com/en-gb/money/other/private-equity-binge-threatens-to-trigger-financial-crisis-warns-bank-of-england/ar-BB1kDvZK

Looking like some one in the BoE has woken up. My friend who look at this he says about this and I has posted a few times.

CRE looking like a big headache for at least 10 small US banks.

Uk not immune.. There is the plenty of problems in the road ahead.. You know what I am saying?

Bros

"Foreign state influence over British newspapers will be outlawed after the House of Lords voted to effectively block the UAE bid for The Telegraph"

https://www.telegraph.co.uk/politics/2024/03/26/lords-approve-law-block-uae-telegraph-takeover/

Looking like the April 2nd deadline a bit academic.

https://www.msn.com/en-gb/money/other/uk-gives-telegraph-deal-parties-until-april-2-before-deciding-on-lengthy-probe/ar-BB1ktS6v

So this it bring me back to my question. When will the next auction be taking place

Afternoon bros.

Any idea when the new auction for the Telegraph will be happening...?

Barclay bros empire looking like is in the freefall. HSBC giving them the latest kicking.

War in Europe creeping ever closer. Only one talking sense at the moment in my eyes is Colonel Douglas Macgregor. Everyone else is marching us towards the guns...

LTI

For sure but we need to see where this goes with RedBird IMI..

In my mind so much ironic and beating down on the wrong guys.

So newspaper No way now it can be under foreign control, but what about... foreign ownership of UK water, gas, electricity, telecoms, science and the technology including the recent sale of the Ultra Electronics , the nuclear power plant and submarine company waved through by Mr Kwazi kwarteng.

Same thing it happen with car finance.. Caveat emptor.. But if the Govt it care about the motorist it would be bringing companies like Ford to book over the ecoboost engine wet belt failures. JRL the same with its security and last but not least is the VW etc emission scandal. you know what I am saying?

Afternnon Bros.

Client not well so nice and early finish today.

Couple of the headlines catch my eye..

"Foreign state ownership of UK newspapers to be banned "...

https://www.telegraph.co.uk/politics/2024/03/13/government-ban-foreign-state-ownership-newspapers/

"Rothesay acquires £6 billion Scottish Widows bulk annuity portfolio from Lloyds Banking Group".

https://www.lloydsbankinggroup.com/media/press-releases/2024/lloyds-banking-group-2024/rothesay-acquires-6-billion-scottish-widows-bulk-annuity-portfolio.html

"Bank transfers could take four days under new fraud laws"..

https://www.msn.com/en-us/money/companies/bank-transfers-could-take-four-days-under-new-fraud-laws/ar-BB1jJF1y

Is worth a try in my book and good for the banks, but may turn out a bit like the curate egg for the customer and retailers...

Johny

Bros. Respect... The future is uncertain, but the BRICS maybe looking at gold standard style set up. Move away from the dollar gathering pace.

Gold is the only true currency. Everything else is the credit.

In all world history only enough to fill the Olympic pool has been mined. At todays prices only economic to mine for another fewer decades. You know what I am saying?