Member Info for jollyspeculator

is on life support...and, with cheap clean energy generation / storage just around the corner, the machine may be switched off ...hooray ..now for the difficult bit: population control

for next meaningless bounce?

if he's still on board

"will increase its year end net debt position"....yuk ....jam still tomorrow/next year ...plus ca change

dream one: cheap clean energy...may be close at hand dream two: population control..as far away as ever ...environmentalists are b/mad to wish for slow/no growth per capita...few wish for that who endure existence in shanty towns...feels v different from champagne charlies in hampstead or weed heads in welfare chic brighton ...win some lose some

but i couldn't resist buying more...no longer on free carry

can be modified..to incentivise lol ...beware the bosses...they usually know how to look after themselves (even if they are not so hot at creating shareholder value)

and bottom feeding ... dead cat ...until iron ore price decline tails off...at the v least...imv

folk tend to believe they are poorly paid when in fact they are well paid rel to average...the average salary in the uk is v low and doesn't really enable pension savings

that's the key...this is the start of pain...2008 was not usual...usually overshoots and takes a decade

just remember to bank profits ...gl

50;50 for bounce to 20 ...but not sustainable imv

most normal folk unaffected...what you mean is the richer few with pension pots may be less well off ...the super rich (assets above US$10m say) not fussed of course...they tend to hold property, cash etc etc ....

china is the conundrum..the stats are difficult to believe, credit is strangely allocated...decisions (like the cont production of high cost iron ore ops) difficult to rationalise... .....fascinating to watch/impossible to understand

like with tfw, overvalued just gets more so...v fashionable ...so I'll hang on for £3++ now lol

and desperate to sell imv ...plenty got greedy on long decline, and are now reflecting on the numbers/reality ...the commodity supercycle is smashed...as all dodgy (historically ignorant) narratives are...eventually

seems highly likely...perhaps more lmi than glen?

to read yr posts, spikeyj ...go well

aal in deep trouble imv...interesting to see latest rating and pricing of their bonds (they do have some...rather than opaque bank debt?) ...without mothballing or a surge in china demand underpinning a sustained rally in commodities, plenty of weak and indebted miners are in for a v uncomfortable 2016... ...

still .. ...the whole mining sector needs to reflect on how to survive an indecently long bear market in commodities ...significant production needs to be mothballed...until then no possibility of trend reversal imv, play the counter trend rallies