Member Info for Seifert

You are cutting a lonely figure her. You seem determined to get your point across. Is there any merit in what you are saying? Well, the only conclusion I can draw is that people are just too intent to make money buy any means, foul or fair, and they don't seem to hear anything else. We all know there is corruption. We all know that. Unless you can post some corroborating evidence, not many on these boards will listen. Compare QueenElvis' posts - they contain sources we can follow. Try providing some sources.

How to reconcile these trends, facts, movements? Taking a rational position in any asset class appears increasingly problematic. Also, (and this is just a hunch) the retirement of the former Rio CEO, Albanese, was 'odd'. Are there ghosts in the cupboard?

When you consider how much, and how fast, the world has changed in the last 20 years, a 50 year reign is a stretch. If it does go that far, it is only by the consent of others to not trespass on dollar dominance, not because there is a valid case for it. Personally, I think the Chinese idea of a 'bag' of currencies plus commodities (i.e. real assets) can serve the world well. Speculators may not like it, but it would be great for the real economy. - As for your good friend Gordon Brown, he sold off the gold because he was convinced he was infallible in his calculations and assumptions, that markets tamed by brooding gits like him were the way forward, and gold was merely an afterthought. Hence, the answer to the conundrum is 'Egomania'.

You know that I shorted CEY from 58, so I hope and trust you stayed well away from that one!? As for Rio, I don't see any technical basis for the drop. There are two movements poised over this and driving sentiment. The first is some weakness in Rio itself (pulling it down) and also the hunger for some traders for a general market correction, whether justified or not. It's the game they play, and spoiled children will ever want to play. So, I think Rio at £25 is a calculated guess that I am sticking with. Good luck to you all!

This is the Rio board, is it not?

Dollar to remain resevrve currency of the world... The question is, should it really be, and why should it be? It's a multi-polar world, and I doubt it is a stable outcome or in anyone's interest. And the more this become the case, the more distorted all markets, and asset prices will be. The environment will become prone to shocks of all kinds. It will be difficullt to determine the value of assets - any assets - over time until some more credible value of exchange emerges.

The assets themselves are good assets. But you need to play this one on the politics (and consequent shenanigans). I always maintained when this was up over 600 pence, that you needed a geezer like the late Aristotle Onasis to deal with these characters. Rothschild is a kid playing among men. He has no idea, and still has no idea, who he is dealing with. He thought he was on the yellow brick road, hoping to see the wizard of OZ, but was walking on bananas all the time! You can guess the rest. Good luck!

This is not about China. We've been down that road before. This is about Rio per se. That is my opinion only.

Oh, one more thing I forget to mention, and which does give me some sleepless nights, and does not relate to WEIR. That is the dollar, and the QE. Bernanke and his committee at the FED are beginning to leak out that there are 'issues' surrounding exit from this strategy. It was all predicated on growth substitute for all the vapour of (fake) money pumped into the economy. It looks to me that somewhere down the line, the dollar will have to be re-aligned. Because of the enormous quantities of dollars out there (and the American penchant of taking others for granted and abusing their reserve currency status) I think this dollar dilemma is going to be bullet that strikes the bulls-eye of ..... I am not sure exactly what, but this is kicking the can down the road. And looked what happened to the Eurozone when they did that for the sake of expedience. So, that is my main focus now - the US dollar. I have not reached any final verdict, as this is ongoing, but this is the main concern for me. If I reach some substantive conclusions, I will update you, and you can do with that (my personal) opinion as you wish.

Good morning. You have done very well here, I confess. But if I was holding, I would sell, because this is in speculators territory (in my view). I would imagine some are hoping that there may be a bid for WEIR, or something like that. There is nothing extraordinary that this company produces. It is good stuff, but the mining boom is over played, fracking is and will come up against environmental pressures, and the Chinese will storm in at some point, copying the products. Finally, the shares traded are very thin, and this leaves me with the impression that someone is having a derivative play here. The stock is merely a gaming chip. But that's my view. Perhaps the extraordinary rise will continue. IHG surprised me too. I would like to own that stock, but not at its current price. - Good luck, and if your strategy has worked for you, I would stick with it, and not listen to any doom-sayers. That's what Buffet did, and he came out on top!

I agree, this is a good company. But is £23 + a fair price? NO, it's speculators' price. I would sooner hold a batch of other shares like Vod, GKN, AV. each with greater yields than WEIR. I would like to buy here, but not at the current price. It's way over-valued. And as for the fracking business - you can rest assured just as with wind-power and solar, the Chinese will copy every component, and make it a lot cheaper. It's just a question of time. Good luck with your trading.

I am not sure they can wait that long. For these guys, it's a bit like premature ejaculation! - It's a Freudian thing!

The action of this share is downright insane. This must clearly be market manipulation? This company is not worth £23. It's fair price is around £15.50. Just another example of lunacy at work! Good luck if you bought in here, I'd cash it in!

I may be wrong here, but it looks to me that these guys (the blackguards that run and manipulate the markets) are determined to have a correction. They are just itching for one, and looking for any excuse to provoke a nosedive. So, my buy in price is now £25.

Perhaps you can ask Mr. Rothschild, as he was the one who started all this malarkey in the first place.

Lots of value for whom? (Yes, I'm speaking rhetorically).

I don't agree that it's only Europe that can set this one running down. The catalyst is from within Rio itself. Any exogenous factor will only add to this.

Heaven only knows why you are publishing all of this - no one is reading it. Sometimes, it would be better to give a concise opinion rather than swathes of text. That's not to say you are not proffering a useful service. But the format can do with some pruning. Good day.

Personally, I don't think circa 29 is out of the question. These markets have not 'normalized'. It's all just speculation, not investment. Negotiating that hurdle is the main task. Good luck! - Disclosure, I am not invested here, and personally have not traded Rio very often, so my views may indeed be skewed by a surfeit of caution.

Traders have been talking, and I suspect, itching for a correction as this moves the markets significantly and gives scope for fresh buying opportunities. How far this will go depends on the flow of cash coming back into the dollar. I don't think FTSE at 6400 was over valued or represents a peak. Money is far too cheap for that.