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Another day of being slaughtered,These markers done make sense to me.

You have markers at ATH and banks running off nothing but printed money and saying “we avoided a recession”! And then you have company’s sat on billions of real life tangibale assets that aren’t being touched. Can’t make it up

It depends on your entry price really,Mavis.

The majority seem to be bullish on Barcs (meaning think it will rise)

I myself think it’s got to be near its top but I said that at £2.05 and I’ve been wrong so far.

Only you can make that decision and none of us really know where it’s heading.

The charts show it is overbought and due a cool off(pull back) but again they are just a guide and can be wrong aswell.

If you’re in profit I personally think it’s a time to sell. You could get another 10% max in my opinion and there are much safer ways to make half that on your money.

GL whatever you decide

I need to start looking at this another way I think, a non realistic kind of way. Madness if you ask me!

Looks like I’m the only person shorting this!

Stop the money printing and see how strong they are. They just keep raising the debt ceiling one day it has to stop or people realises it’s a rigged system with no actual value, which is exactly what it is.

If it wasn’t for cheap mexican Labour it would collapse tommorrow.

$34 trillion in debt and adding billions by the week.

Agree with all that bloomers mate. But I think the dollar has had its day and will go sooner than we think.

I bought gold at 40k per kg after covid for this exact scenerio, I thought I was a genius for selling at 53k hoping to catch a pull back and it has done nothing but climb ever since. Something is coming and the brics nations are buying whatever they can get their hands on.

ATB

Thanks for the reply James, it’s a great reply backed up by facts so much appreciated and is good for thought.

In my mind anything pre 2008 is fraudulent, the banks were commiting unprecedented fraud and the share prices were getting carried away thinking that would last forever.

2008 broke the financial system and we have been chasing our tails ever since theough QE. I think the market knows this now and that’s why I think Barcs will never see those levels again. Mid £2 maybe.

Personally I think these profits from previous years are to be expected when there was such a large volume of money thrown into the economy and spending went absolutely stratospheric.

It was like throwing petrol on an ember to reignite a fire and it blowing up in our faces, and now it’s all about burned out.

How can we call profits profit when it’s just artificially created money made out of thin air? Banks are lending numbers made up on a screen that don’t exist and making a ‘profit’ on interest on money they don’t even have or can back up if needed.

I sometimes wonder if part of covid was an excuse to give everyone money and let them blow it all just to increase money in circulation and prevent a collapse.

About time we had something now BOD

Sorry for all the paragraphs and how terribly that is written, I’ve just wrote it on my phone.

The people in power couldn’t run a bath let alone a buisness 😂 a country is just a large buisness imo.

They want positivity to try and stimulate spending but no one has anything left to spend!

Saying that, Labour are about to no doubt gain power and rinse anyone with a few quid or a bit of drive and hand it out to everyone else.

Strike, if we can close an economy down and print £500B and not have a reccesion I must not understand any of this correctly.

The amount of lies and manipulated figures they have rammed down our necks this last 4 years I don’t beleive a word they come out with.

Gold is still climbing and it’s not because of Middle East tensions this time, the brics nations are still loading up because they know what’s coming once they launch their currency.

An asset backed currency that is tied to gold that is going to go through the roof when the dollar collapses.

Stop the money printers and see where everything ends up! That is not the sign of a strong economy, it is the sign of a failing illusion.

Money is now worthless other than our belief in it.

I do agree the FTSE hasn’t risen anything like other indices but rightly so, there has been no reason for it to rise in the real world, or in my world anyway.

With respect guys, there was no real facts or justification as to why this should rise anymore, or even why it is where it is!

I feel like a poor version of that guy off the big short! Trying to convince people it’s rigged 😂

Interested to hear opposing thoughts on this as I could be wrong.

What do you think the catalyst for such a rise will be Blighty?

I have a business in construction and all I see is big projects getting shelved and work really is drying up.

I see the nation loaded with debt and stretched to their absolute limit every month. I suppose aslong as they can keep they payments up this all looks like a ‘healthy’ economy.

I’m just wondering what you guys are seeing that could make me reevaluate my position.

I don’t pay any attention to broker ratings because I’m yet to see even one of them get close to achieving their target.

ATB and I appreciate others thoughts.

Sorry, mid Feb lows were £1.40! So currently already at 55% increase since then 3 months on.

It all doesn’t stack up to me, I’m adding to the short.

GLA

Hmm, Barcs will have done nearly 50% rise in 3 months if that’s the case, RSI is hot and I can’t understand why the FTSE is climbing and climbing in the overbought range either.

It all seems about as real as the V shaped recovery after closing the economy for a year and printing £500B. Lol is it just me or is this whole thing propped up and we are being told everything is rosey?

My take is more so on the US and the housing market jayk. I think the exact same mistakes are being made as they were in 2008.

The money printing propping the US up is just getting rediculous, currency’s are becoming worthless imo.

Most brics nations are de dolarising as a total lack of trust in the currency and are moving to gold instead in case of a collapse, hence China buying gold for 17 months straight and continues all time highs for the metal.

I have family in the US and I’ve just got back a few weeks ago,they can spend money, I watch how they pull equity out of their houses so easily and go buy the latest pick ups/boats/ jet skis. They have everything leveraged up to the hills and once it pulls back I think it’s going to be a real mess again.

Admittedly it’s Not as bad here but I see the help to buys and the 5% deposit mortgages etc, it’s only a matter of time until there’s 100% mortgages creeping in,There’s absolutely no room for pull backs again.

Just my opinion, i remember saying this over a year ago when it was last at £2 and everyone was saying this was a new breakout then, i bottled it and closed my short at a tiny profit and watched it plummet to my £1.50 target! Typical!

Mr wolf great post, thanks for sharing.

I’m short from 203 jayk, I thought it was really turning last week but I was wrong.

Long term I still have a negative outlook on the whole situation personally and I won’t sweat being in the red just yet.

GLA

My heart goes out to you bloomers, I’m sure she will be just fine but it’s always good to make others aware that the ‘ $cience’ and media is is literally bought and paid for by the same lunatics pushing the crap.

Anyway back to Barcs.

Good call in the charts jayk. My shorts are in the red but I will keep adding!

I wasn’t going to post anymore because I suppose it’s not the place for it.

But the covid vaccine isn’t actually a vaccine, if you had done your research you would have learned that it’s a ‘gene therapy’ which means it acts in a completely different way to vaccines that have been used throughout history.

Obviously MSM flagged that as a conspiracy theory when it was rolled out but have quietly admitted it was true since.

There has not been any such thing as ‘dangerous anti vax conspiracy’s’ since covid because all those theory’s have actually been proven fact and I’ve never met anyone regret not taking it. I have met plenty who regret taking it and felt completely duped and lied to.

As for the social media sites, they actually censored and removed all doctors trying to speak about their findings so no, quite the opposite of what you state.

DR Robert malone went from co inventor of the MRNA technology to ‘crazy anti vax conspiracy theorist’ over night when he decided to speak out about what he was finding.

2 big sales rolled through from the 3rd of may. But who’s been buying them? There hasn’t been that many buyers on the open market to absorb them size trades since Friday.

The vaccines being extremely dangerous for your health was all conspiracy theory 2 years ago if you lap up msm propaganda. Thank god I didn’t take it.

Excess deaths 8% higher than peak pandemic and climbing but the media keep that quiet.

The $cience is baffled…

My advice to anyone is before discrediting things as ‘conspiracy theory’ because of lazy thinking do a little research.

Vaccines are not for your health,

Co2 reduction is not for the earth, it’s for limiting your ability to move freely.

15 minute city’s (and ulez zones)are not for reducing emmisons, it’s a network being established to track and trace you.

Lockdowns were a transfer of wealth, small buisness’s got crippled, global corporations grew by 30%(amazon etc)

Look at it this way,

The vaccine wasn’t created for covid, covid was created to push the vaccine. Hence the 24/7 scare tactics and media bombardment.

If you think any of it was for your safety and your convenience I really worry about the future of humanity,That vaccine was ready and waiting to be rolled out.

This post isn’t to scare anyone but the WHO and WEF globalists own the $cience and big pharma.

Sorry for off topic but I’m sick of reading ‘conspiracy theory’ nonsense when the truth is blatant.

I wish everyone good health.

Absolutely agree freddieboy. I go to the atm every Monday and draw out £200 for this weeks spends purely to keep cash in use. The day it all goes digital the governments will overstep the mark and abuse that power by programmable money. Obviously they will pass this off as something good to start with I.e those on benefits can only spend their money on food etc (all very understandable) but you can be sure they go further and abuse that power in other areas.

Just another link in the social credit system they are building for us.

Don’t get me started on the 15 minute city’s and how digital currency’s and facial recognition all go hand in hand.

Time for a lot of people to wake up.

Absolutely possible.