Member Info for john46

The pitfall of having Gold mining shares , is when the crash escalates , and Gold rises , there is nothing to stop the Gov of these budding economies nationalising PM assets , like Corbin would do , and sell it to the public as in the nations best interests .

You never struck me as being Groovy .lol

On a serious note , this debt induced good feel factor can't last forever , as Troajan correctly pointed out , VIX will hit 90 again at some stage .Opportunities galore for those with cash reserves .

Good to have you back bud !

The only inflatory pressure we now face is due to Sterlings devaluation . Out of peeps control . We need to maintain our trading advantage .

QT and $1 Tn budget deficits pa , will flood markets with US notes , yields will rise regardless .

G Osborne changed BOE remit from fighting inflation to stimulating economic growth . Can't see why Trump can't do likewise

Don can pass the buck /blame to Powell when it all goes wrong . Looks like Powell is destined for promotion in future

@Troajan .

IMF has been warning Global Economy is slowing down for 2 months . Your link highlights fact that we're approaching end of economic cycle . Personally we're over peak , property prices dropping Globally .lloy is mega exposed to economic cycle and ECB already warned capital reserves not large enough .

We all know the consequences of further FED rises . IMO , they are doing it to antagonise Trump , it is blatantly illogical to counter his Economic stimulus . Correction is occurring in short term rather than medium term.

£1 by this xmas then ?

You're obviously more clued up than the rest of us !!

Life has to be placed in perspective .

No one has given a thought for Neil Woodford , who misguidedly bought into Lloy with his investors monies . Neil has much to answer for , as he is a bad omen wherever his monies are parked these days . No doubt he'll blame it on Brexit like all narrow minded folk do , instead of looking at the bigger picture , and seeing property prices overvalued Globally .

Lloy does have the 2nd lowest capital reserves of the largest 48 banks in EU . Some folk don't do enough research .

https://www.cnbc.com/video/2018/11/12/bp-ceo-looks-like-oil-demand-is-starting-to-come-off-a-bit.html

https://www.cnbc.com/video/2018/11/01/balance-for-oil-looks-like-it-could-flip-back-into-surplus-next-year-says-pro.html

All this with the Northern Hemiphere moving into Winter.

"The Nov. 11 Independence Day in Poland will be as much a rallying cry to stand up to Macron’s vision for Europe as a centenary celebration. Last year saw marchers with slogans such as “Pure Blood” and “Europe will be white or uninhabited.” Jaroslaw Kaczynski, the power behind the ruling Law & Justice government, told supporters the day before that to be Polish is “someone who shows the sick Europe of today the path back to health, to fundamental values, to true freedom, and to the strengthening of our civilization based on Christianity.”

https://www.bloomberg.com/news/articles/2018-11-09/the-european-union-and-the-forgotten-lessons-of-world-war-i?srnd=premium-europe

With opinions like the above , the EU doesn't give the impression of surviving once the monies have dried up.

Today , as I do every Remembrance Sunday , I go to the Cenotaph in George Square , Glasgow , with my children . Largest turnout in yrs . The rain held off till the service was completed, Glasgow CC flew the Union flag , instead of the Saltaire . I don't know who made that decision but to me it is a rejection of Nationalism .

Our friends in Europe are making decisions on behalf of their Electorate , without seeking their approval , whilst simultaneously burdening them down with Public debt . Decision makers won't have to sacrifice their Gold plated pensions when downturn occurs , but they'll wonder why there's a surge in Nationalism in their lands . They'll wake up eventually , but it'll be too late.

30% annual growth is classed as exponential bud

@Troajan , electric vehicle growth reaching 30% pa . OPEC has shot itself in the foot (excuse the pun , on this extra special of days ! ) , their greed is already causing their demise .They can plot , coherce smaller producers , but the writing's on the wall .

https://www.cnbc.com/2018/05/30/electric-vehicles-will-grow-from-3-million-to-125-million-by-2030-iea.html

"Fed officials, who concluded a two-day meeting Thursday at which they left interest rates unchanged, have previously pooh-poohed the idea that they are to blame and point to various technical factors. Yet a growing number on Wall Street aren’t buying it.

The most vocal critics contend that if the Fed doesn’t slow or stop its unwind, it could end up draining too much money from the banking system, cause volatility to surge across financial markets and undermine its ability to control its rate-setting policy. All of which could eventually seep into the broader lending market and push up borrowing costs -- even if just marginally -- in an economy that some predict will start slowing next year.

“The Fed is in denial,” said Priya Misra, the head of global interest-rate strategy at TD Securities. “If the Fed continues to let its balance-sheet runoff continue, then reserves will begin to become scarce.”

https://www.bloomberg.com/news/articles/2018-11-08/-fed-is-in-denial-how-a-4-trillion-dilemma-could-get-ugly

Oooops!

Keep your wits about you , this is a fools rally ! Sucking in the novices . Read up news channels .

As for the crash , even the Chinese Gov , a one party State , can't contain people's propensity to sell shares , $6 Tn this yr alone .

US tariffs will have a galvanising effect on Chinese Equities , US 10 yr Notes will scream buy , and international equities will cry for help .

ATB

All news channels are telling you property prices are falling , CNN , fox, bloom , BBC , it's occurring as we speak .

Just because your eyes are open , doesn't mean you're awake !

We all know yo're very insecure . We know you never make wrong investments , we all look up to you ! I can't argue with your vast investment knowledge .

Perhaps you might enlighten us where you see Berkeley , Persimmon and Lloy 12 months from now .

Keep averaging down !

Are you for real ?

"J46 tell me when your big property crash starts and I'll get my nuclear bunker ready."

It's already started . Barc LTV criteria dropped from 66% to 60% in last 6 months . Why do you think house builders are nose diving ?

Nuclear bunkers must surely be cheap in Arizona .Relative Population density extremely low , who would want to Nuke it , with Engelberg living there !

https://www.moneyexpert.com/banks/house-prices-crash-banks-survive-worst-case-no-deal-scenario-says-carney/

Folk having purchased 4 yrs ago , are still at the mercy of Global econonomic forces , to which Lloy is exposed to , and which you think Lloy is impervious to .

Keep averaging down ! We all look up to to misguided logic !