The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Another prized member of my DVD collection - not a single dud episode. I love Humphrey's smug arrogance.
The sad thing is, Jim Hacker and Humphrey Appleby would be less of a danger to us all than are real politicians.
Maybe that was the actual point of the programme?
I see Tony Blair wants to separate the 'jabbed' from the 'unjabbed'. I suspect I'll end up in an internment camp on the Isle of Man someday, and no one will even know or care. I hope I can take Sir Humphrey with me.
Adieu.
https://uk.yahoo.com/news/time-distinguish-between-vaccinated-unvaccinated-230100887.html
Hi Mr Tibbles
Try to have a look at the link Goldgnome has provided today - The Nation magazine.
From there, the following article is an example of what I think you are saying about Johnson's 'chums' doing nicely out of the pandemic and Brexit. I'm not saying that only this government has been acting in a corrupt way, but it is certainly just as susceptible.
https://www.thenation.com/article/world/covid-boris-johnson-corruption/
Relax. All these little fiddles will be abolished when we end the use of physical money and have an official cryptocurrency. No tax dodging then; every single transaction can be recorded - wink, nudge, wink.
It will be interesting to see how those who are reluctant to pay taxes innovate around a cryptocurrency.
We'll never have a perfect system, or world for that matter. At least a low direct tax economy would ensure those of us who do pay all our taxes would not get so wound up when we hear stories of the better off avoiding them.
VAT, inflation and surcharges are another matter, of course.
Steph and I have received the same letter - sent by Jan Davies but signed by Keith Lough. It was sent yesterday and I've just read it.
Goldgnome
I like the 'workers' and 'jerkers' theme you've got going on here.
The problem is that you need to know about a subject in order to detect when someone is a con artist. I applies to everything.
Economics is in a complete mess at the moment. I'd hate to be reading it now - it was bad enough when Thatcher and Major were haunting the place.
No amount of theory can be a substitute for hard work, producing quality goods and services and having a sustainable level of government expenditure. The kinds of economists who advocate that, are persona non grata and have been for many years. But their day will come again, but not in my working lifetime. Thank God for small mercies.
You write much truth, Rebess.
Of course, the BofE has a huge department that concerns itself with financial regulation. What do they do all day?
I suppose murder doesn't pay (unless you write books or make TV programmes about it).
Learn to grow your own Murphys is my advice.
Mervyn King lost all credibility when he and his cohorts finally put the lid on the free market economy.
It's led to the printing press for any economic difficulty that arises. A monetary reset awaits.
I didn't need an econometric model to tell me that.
As I said, we have the wrong people leading at the wrong time. Human nature never changes. I cannot see the saviour in the crowd. We'll have to save ourselves - if we know how to.
If one thought Brexit would remove loads of EU 'red tape', then one is in for a shock.
There is nothing quite like a little British 'Jobsworth' for making life a struggle.
Captain Mainwaring is alive and well.
Hi Mr Tibbles
Yes, it's a farce. That's why they drive around in Ferraris and I get the clapped-out Golf.
Come the revolution, Brother.
Mr Tibbles
He is one of my favourite authors. Actually, I bought 'The Jacaranda Tree' in London this week, which surprised me since his books aren't readily available on the shelf (except the Buds of May series).
He stuck to the traditional 'long sentence' view of prose - unlike Orwell and Greene who advocated short sentences, which predominate today.
'The Happy Countryman' and 'In the Heart of the Country' are so beautifully written - they'll calm you down after you've read about the latest antics of our beloved leaders. Something tells me you'll like reading about the countryside.
There you go, you've led me astray again.
Hello Mr Tibbles
I was really only quoting that famous phrase from HE Bates - I think from the book 'When the Green Woods Laugh'.
Of course, he wrote those books in the 1950s - things were a bit different then.
I try to keep out of the way of farmers in general - they have shotguns!
No, I don't think it will. If the gap that Tony has mentioned gets filled, that will be a big enough task in itself. It may not even achieve that.
OK. I think it did get to 107.8p at one stage - so that gap at 107.4p may not get filled.
I thought there was a gap at 107.4p from the morning of the results RNS. It never got filled, I believe.
'Farmers always plead poverty, but I've yet to meet a poor one.'
H.E. Bates - The Darling Buds of May.
LTT
All very true, no doubt. However, the fact remains that no matter how much the West wants to drag the Chinese and Russians into its 'Green Revolution', the Chinese just won't play ball. I'm sure we'll get some oil price corrections along the way, but the link below is forecasting a future oil price that isn't a million miles from what I think - not that that's worth much.
Harbour must bet on the future; believe me, the future is eastward bound and just a little bit oily.
https://elliottwave-forecast.com/stock-market/united-states-oil-fund-elliott-wave-long-term-cycles-uso/
Upon my return from a nice Bank Holiday break in London, I'm pleased to see Centamin hasn't got anywhere near the 82p target price that some analysts were predicting (I can't even remember who they were, now). Never trust anyone who has never got his/her hands dirty just about sums it up, I think.
It won't be long before the dividend hits my account and my next 'worry' will be when to buy. People are still expecting a correction in the gold price, but the price action on my Newgold and Yamana Gold shares is not saying that will happen just yet! Perhaps some large price spikes up will tell the tale.
I don't know what further social restrictions are due to be lifted in the UK on the 21st June, but shopping in London was a very quiet experience. People didn't seem to be spending very much in the shops (there weren't many people in the shops). The V&A museum was closed, which I thought was odd for a Bank Holiday. I did my very best to keep Foyles, Waterstones, Hatchards, M&S and John Lewis in business; the man in Foyles said he hoped to see me again - I did buy nine books in there! On my return journey home, I had the whole train carriage to myself for most of the way. I can't remember a time in my life when that has ever happened, even late at night on the south coast line returning home from work. What effect is this going to have on people? On the gold price?
We live in very strange times indeed.
PD James, awaits.
FireAnt wrote: 'One thing for sure - I look for some comfort in the post of Mr Tibbles, who seems to understand a great deal about the company!'
I agree 100%. Having a few off topic posts in quiet periods is a price worth paying to have someone on board to steady the ship in stormy seas. He, and others, have a little dig at some posters for their investment strategy or even their occupation/profession, from time to time, but it is all light-hearted fun and should be treated as such.
Let's have a better Centamin day today.
Svetlana the communist economist (nudge nudge, wink wink).
Thanks Marmot74
For what it's worth, my re-entry price is 107.4p. That was the price before opening on the results RNS a while back and that gap hasn't been filled yet. There are some small gaps below that but I don't think CEY will get anywhere near 82p. I think it will take a while to get there; maybe in July if we have a pullback from the $1950ish level in the gold price - if it gets there.
As ever, all the above could be wildly off target. I just thought I'd step out of the way of the line of fire for the moment.
Very appropriate for today, Rebess.
I sold this morning on the rebound to leave me with a smallish core holding.
I don't take any notice of financial analysts.
I will reinvest the dividends and the money from this morning's sale at an opportune time - whenever that will be.
I still expect gold to reach the $1950 mark in June after this little pullback/consolidation.
Thanks for all your analysis and posts.
GLA