Member Info for halfpenny

A magician of spin perhaps

Sunak say's it's to persist and to average 4% next year. I'd say he's conservative :-)

https://www-dailymail-co-uk.cdn.ampproject.org/v/s/www.dailymail.co.uk/news/article-10132341/amp/Confidence-Bidens-ability-recover-economy-pandemic-drops-44.html?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16353364968410&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.dailymail.co.uk%2Fnews%2Farticle-10132341%2FConfidence-Bidens-ability-recover-economy-pandemic-drops-44.html

As a 150p price target is more than 50% uptick it's back to school time for you :-)

Investors will enter bitcoin ETFs thinking they're buying bitcoin whereas the lemmings are in reality buying futures in bitcoin not the same and missing the point of bitcoin which in reality isn't an alternative currency anyway so imho won't undermine the $. I'll get back to my popcorn whilst watching how this all plays out..

Nothing sinister just selling into the news once it's cleared then up we will go as nowt bad in the rns, it's not rocket science.

Just the usual sell on the news reaction..

https://www-proactiveinvestors-co-uk.cdn.ampproject.org/v/s/www.proactiveinvestors.co.uk/companies/amp/news/137996?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16344960828065&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

https://ceric.ca/donald-lawson/

Tracked POG exactly, who cares really?

Sometime in 2140, all 21 million BTC will have been issued to miners and the network will rely on fees to pay for security. It’s reasonable to ask what happens then, especially as others have noted bitcoin’s fee economy has yet to mature. Thankfully, most people in the bitcoin community have the humility to say that they don’t know.

https://uk-finance-yahoo-com.cdn.ampproject.org/v/s/uk.finance.yahoo.com/amphtml/news/bitcoin-worthless-jp-morgan-value-down-083642789.html?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16341394216303&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fuk.finance.yahoo.com%2Fnews%2Fbitcoin-worthless-jp-morgan-value-down-083642789.html

What does it all mean for the gold market? Well, stagflation should be negative for almost all assets. When we have a stagnant economy coupled with high inflation, stocks and bonds are selling off together. In such an environment gold shines, as it is a safe haven uncorrelated with other assets.

Stagflation is so terrifying because the Fed won’t be able to rescue Wall Street simply by cutting interest rates, as it could only add fuel to the inflation fire. The only viable solution would be to engineer another ‘Volcker moment’ and tighten monetary policy decisively to combat inflation. Given that debts are much higher than in the 1970s and some analysts even point to a debt trap, it could put the economy into a severe economic crisis. So far, investors seem not to worry about high inflation, but just as things go well until they don’t, investors are relaxed until they aren’t. For all these reasons, it seems smart to own such portfolio diversifiers as gold.

https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/business/2021/oct/10/imf-to-issue-downbeat-outlook-as-spectre-of-stagflation-looms?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16338380379873&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.theguardian.com%2Fbusiness%2F2021%2Foct%2F10%2Fimf-to-issue-downbeat-outlook-as-spectre-of-stagflation-looms

Concern is mounting over the strength of the global economy, with expectations that rising inflation could force major central banks to reduce their pandemic stimulus measures at a time when the recovery from Covid-19 remains incomplete.

With supply shortages set to persist well into next year as the coronavirus Delta variant prevents a return to relative normality, a period of stagflation – stagnant growth and high inflation, reminiscent of the 1970s – could be on the cards.

It’s all a long way from the IMF’s optimism of the spring. If the outlook were to deteriorate at anything like the pace of the past six months, could a renewed winter of discontent lie ahead?

YES.

YES.

When Chinese market reopen tomorrow after the holiday that could set the ball rolling.

Not Barclays but my dividend only arrived in my IG account late yesterday afternoon. I like IG or I'd just be going elsewhere. Invested it in more cey this afternoon, if that's the correct terminology (sic).

Its usefulness is derived from a diversity of special properties. Gold conducts electricity, does not tarnish, is very easy to work, can be drawn into wire, can be hammered into thin sheets, alloys with many other metals, can be melted and cast into highly detailed shapes, has a wonderful color and a brilliant luster.