Member Info for nomlungu

"uk june inflation unchanged at 3%"

They say we imported inflation... all the Swifties coming for her concerts pushed up hotel and other prices.

Good article from Noah Smith; quite balanced

https://www.noahpinion.blog/p/europes-fate-is-in-germanys-hands?

Germany has lost a lot of its chemical industry - they need the war machine to fill the economic hole, even if they do not realise it yet

Apologies...

'A leaked video between RFK Jr. and Donald Trump provides a frightening glimpse into what a Trump administration could mean for vaccines and children’s health'

https://pauloffit.substack.com/p/oops?publication_id=1530624

'Trump was talking to RFK Jr. about vaccines. “Something is wrong with the whole system,” said Trump. “Remember, I said you need small doses. Small doses. [Children receive] 38 different vaccines and it looks like it’s meant for a horse, not a 10 pound or 20-pound baby. And then you see the baby starting to change radically. And I’ve seen it too many times.”

None of this was new. Trump had repeated what he had said during a presidential debate on September 17, 2015. “Autism has become an epidemic that has gotten totally out of control,” he said, suggesting that high concentrations of vaccines given all at once was causing the problem. “Just the other day, two years old, two- and one-half years old, a child, a beautiful child went to have the vaccine and came back and a week later got a tremendous fever, got very, very sick and is now autistic.” Trump said that he wanted vaccines to be given in “smaller doses over longer periods of time.” Donald Trump, a reality TV star, real estate developer, and politician is asking us to believe that his knowledge of phase 1 dose-ranging studies is greater than the scientists and physicians who evaluate those studies.'

It has been suggested that Trump will offer RFK Jnr a top job to quit the Presidential race and endorse him if he needs the votes. Who cares about the health of kids if it keeps him out of jail...

A more likely [and more equitable] solution will be to reduce workers NI whilst increasing tax rates to offset the cuts; a penny off one and a penny up on the lower rate of tax [or a few or more of each]. At the same time, rates on unearned income should be aligned to earned income rates.

It would increase taxes on some but would spread the burden more equitably... Yes, wealthier pensioners would end up paying more, but one of the reasons that the public purse is squeezed is that the older live longer than was thought when the current system was designed, so they draw pensions for longer and cost the NHS much more in their old age. If they had paid a private insurer for the cover / benefits they receive, that insurer would have declared bankruptcy years ago.

I refer to her as MTGQ-Anon+

Nearly 1/2 million wounded that need caring for; that is a lot of pressure on what was already a strained healthcare system. One of the lesser known problems they have is the average age of Doctors is around 60; this stems from the near collapse of educational systems when the old Soviet Union imploded.

https://imrussia.org/en/news/2664-russia%E2%80%99s-healthcare-system-current-state-of-affairs-and-the-need-for-reforms

And the problem of ageing skilled workers extends to most sectors... It is a recurring theme in Zeihan's videos about Russia.

Another trick is to add a hyphen between the t and u in Youtube. So this video 'BASS HUNTING POOLE BAY ~ with lures -' goes from:

https://www.youtube.com/watch?v=8DOxlcxLvlM

to

https://www.yout-ube.com/watch?v=8DOxlcxLvlM

Which will open:

https://www.youtube-nocookie.com/embed/8DOxlcxLvlM?playlist=8DOxlcxLvlM&autoplay=1&iv_load_policy=3&loop=1&start=

You might have to refresh the page as it will sometimes say "Video Unavailable' but will play it after refreshing the page.

I HATE ADS MORE THAN PEOPLE WHO TYPE WITH CAPS LOCK ON

All of my Youtube is ad free and I do know why: uBlock Origin & Privacy Badger

https://chromewebstore.google.com/detail/ublock-origin/cjpalhdlnbpafiamejdnhcphjbkeiagm

https://chromewebstore.google.com/detail/privacy-badger/pkehgijcmpdhfbdbbnkijodmdjhbjlgp?pli=1

SponsorBlock gets rid of those embedded ads [where the podcaster goes on about how good a food delivery or VPN is] if they have been flagged up by other users:

https://chromewebstore.google.com/detail/sponsorblock-for-youtube/mnjggcdmjocbbbhaepdhchncahnbgone

And let us not forget an Honourable Mention must go to Bypass Paywalls which does exactly as it says on many sites:

https://github.com/iamadamdev/bypass-paywalls-chrome/blob/master/README.md

From Heather Cox Richardson's nightly email:

'Still, factional differences might not matter in today’s Republican Party. This afternoon, in the hall of the RNC convention, attendees chanted, “Fight, fight, fight,” as they punched an arm in the air, in an eerie echo of Germany in the 1930s.'

https://heathercoxrichardson.substack.com/p/july-15-2024

“Postman Pat Leaving Youtube"

rudeguy.com

A repost of his: "“Postman Pat Goes Dogging" by RUDE GUY"

https://www.youtube.com/watch?v=e0dqxSeCwKo

You can see why they get struck off...

If Ninetails is right that this is a "horrendous lifestyle company, it never fails to decline" surely you should be amending your opinion from Hold to Sell?

At the end of the last financial year (30 Nov) the company had £97k and raised £380 after year end. The Cash Flow statement has operating expenses at a little over £50k a month before any cash used in investing activities which averaged £60k a month.

The next placing seems imminent.

Mick,

The UK has a demographic problem which is why I was pleased to see a positive number of net births over those 6 months. Xenophobes would be horrified as the increase in birthrates is likely to be skewed to immigrants...

If people want to 'buy in at a lower price' they can wait for the next placing... as GR says, things do not make up for the dilution that is coming:

https://youtu.be/YYRA33eYEJo?t=994

Nobody expects the dilution to be at a premium, do they?

He said: ""It doesn't make up for the dilution that's coming!""

Bottom feeders will be waiting as the dedicated long term holders [aka cult members] will feel the need to average down again, which will drive a self-sustaining bubble until it bursts under the pressure of the anticipation of yet another placing.

This is better than I thought: 'There were an estimated 598,000 deaths in England and Wales in the year to mid-2023, an increase of 24,000 compared with mid-2022; the number of births in the year to mid-2023 was 598,400, a decrease of 21,900 compared with the year to mid-2022.'

https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationestimates/bulletins/populationestimatesforenglandandwales/mid2023

Postivie!

Another step forward:

https://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2024/Ascendant-Files-Final-Stage-Submission-of-its-Environmetal-Impact-Assessment-for-Its-Lagoa-Salgada-Project-Portugal/default.aspx

TLDR AI summary:

'Ascendant Resources has submitted the final stage of its Environmental Impact Assessment (EIA) for the Lagoa Salgada project in Portugal to the Portuguese environmental agency, APA. This submission includes additional information requested by APA and marks the completion of the pre-phase stage. The project will now enter the 60-day RECAPE review process, which verifies compliance with environmental criteria. Upon approval, expected in Q4 2024, Ascendant can begin construction. The company's chairman emphasized the project's advanced status on the Iberian Pyrite Belt and their close collaboration with regulators and the community'

"CONSECRATIVE"?

"The adjective "consecrative" is not as commonly used as the verb "consecrate" or the noun "consecration," but it essentially describes things that have the quality of making other things sacred or dedicated to a higher purpose."

I suppose football is a religion to many...

SOLG announce $750m in funding; not a company I am interested in but did find it interesting that they have arranged a financing deal of that size on a deposit with the following figures:

'Validates the 2024 PFS that demonstrates an after-tax NPV8 of US$3.2bn and an after-tax IRR of 24% based on a 4-year development period for an initial 12 Mtpa operation ramping up to 24 Mtpa at conservative prices (US$3.85/lb Cu and US$1,750/oz Au) '

I have seen projects with lower metal prices; higher NPV discounting factor and better IRRs so good to see finance availble for SOLG.