NO PLEASURE19 Dec 2013 15:20
In seeing this break sub 700. Seems that on 22 November I was right in saying 670 was likely the 3rd week in December. Had hoped it would resist @ the 705 mark and then bounce north...US cutting back on QE makes hike up in bank interest rates... the big mining boys who are yielding on the conservative side, makes bank/building society interest rates look attractive again. Still don't understand why this fell to current levels, but suspect the early divvy was to let some pals clean up before the dive. I'm currently, at 693, down 23% in this since November. Oh dearie me....
Only saving grace is UK hasn't jumped on the US band wagon...as yet.