Member Info for skier1

Can buy Comex copper (HGW00) just now at $4.55. Let's see where it goes from here, the trough of panic.

Plunging -20% this evening, due to Trump 50% US import tariffs. Possibly, the biggest one-day fall in the global copper spot-price of all time.

https://uk.finance.yahoo.com/news/us-copper-prices-plunge-trump-183006620.html

When you look at the US economy roaring ahead today at +3% GDP growth, and $90k GDP per head, while UK GDP falls -1%, and GDP per head is below even the EU average at $63k, you start to realise the modern world is passing us by. And there is no end in sight. Tax is going up, liberty is going down, and the national spirit is one of abject misery. Think most people now wish they lived abroad.

Given the SC is ruling at 435pm next Friday 1 Aug, that's a big red flag right there! Late on a Friday is always "the best time to bury bad news". And after markets close. And just before the weekend, likely to give traders two days of time to "calm down" and digest.

What's more, the Guardian, the Labour foghorn, has published, on Fri 25 Jul, exactly a week before the SC ruling, what appears to be a carefully planted article, saying Red Reeves the Chancellor will overrule the SC if the commissions-disclosure (CD) ruling is not the answer the govt expects!

https://www.theguardian.com/business/2025/jul/25/reeves-retrospective-legislation-potential-supreme-court-ruling-44bn-car-finance-scandal

So, the late-Friday timing, and the strategically-planted Reeves-Guardian article, for now, currently, leaves one to conclude that the SC ruling will be bad (for banks), not good.

The best hope for the banks is that the all-knowing state steps in and overrules the Supreme Court. But that would be terrible news for the consumer. It would once again legititimise financial overcharging, and normalise shady pricing. Arthur Daley would be proud.

Looks a rubbish party -- for Labour rejects. But it will split and splinter the far-left Labour vote. Good news for Farage and Badenoch.

As the old saying goes... If socialists understood economics, they wouldn't be socialists.

UK grocery and food inflation is soaring back up again to 5% in Jul 2025. The cost of living crisis is ramping up. UK supermarkets are in trouble -- Morrisons about to be overtaken by Lidl (Germany), Asia about to be overtaken by Aldi (Germany), Co-op tanking. UK state debt soared £20b last month, way more than expected. Unemployment rocketing. Reeves is not fixing the foundations. Same old 1970s Labour disaster 🤕

The waste is beyond grotesque. £200b and 30 years for HS2 and a tiny bit of track. £50b and 30 years for Sizewell C and a couple of hot-water boilers.

Blackpool is sitting on 1 trillion barrels of shale oil and gas, can power the entirety of Britain for the rest of this century, and would make Blackpool the richest city in Europe.

The waste of money, time and wealth by the UK state is beyond grotesque.

UK average real house prices peaked around £340-350k in 2007, and are now bouncing around £260-270k in 2025. Those numbers don't even factor in the extra cost of tax, the extra cost of home extensions, and the extra fees of redecorating, refurbishing, renovating, and refurnishing.

It is astonishing how many people still think residential property is a good investment!

https://www.housepricecrash.co.uk/indices-nationwide-national-inflation/

STP,

Similar experience. Know someone who's been on the market for 6 months, dropped the price twice, had 1 buyer drop out, and remains unsold. Take a look on Rightmove -- loads of houses now with "price reduced" on them.

UK house prices are starting to slide. They're already down 20-30% in real terms since 2007. Looks like they're now also starting to tumble in nominal terms.

https://www.dailymail.co.uk/news/article-14924659/House-asking-prices-experts-issue-warnings-UK-property.html?ico=mol_desktop_home

UK inflation is out of control. At 4%, it's among the highest in the world, and back to 1965 Labour govt levels. UK unemployment is surging out of control. At 5%, it's heading toward Greece levels of despair, and back to 1975 Labour govt levels. It's all eerily familiar. For 2025, read 1965 and 1975. UK is going back to the future.

A good read, on the big Peel Hunt 13% deal 👌

https://www.tipranks.com/news/company-announcements/corpus-resources-announces-major-shareholder-change

Good to see investors here looking to the future, not the past. COR today is up 30-50% in a little over 3 months. The chart is bowling up nicely. Shareprice momentum has shifted from down (last year) to up (this year). Peel Hunt, a major SME investment bank, has taken a significant 13% stake in 2025. A big director also purchased a big chunk of shares. Funding is looking good. You can see the pieces of the jigsaw quietly slotting into place here. Smart investors always look forward, and never obsess about the past 👍

That was the past, mate. Share prices always look to the future. And the future here is a brand-new growth market, where AI and drone defence buyers have near-unlimited funds to play with.

Price ticking up again on the Ask, 2.58p.paid. Spread narrowing.

Feels ready to boom. Like a coiled spring.

The Economist magazine has this week re-labelled the UK as "Poundland". A depressing read.

https://www.economist.com/leaders/2025/07/10/britain-is-cheap-and-should-learn-to-love-it

Prog on Ch5 this morning saying you can now get a free car on Motability for "constipation". A free BMW, just for backing-up and needing a logger. The state system is out of control.

Yes, Bloom, the UK is headed toward recession yet again. Two straight months of GDP decline. Taxes soaring, retail / construction / manufacturing in freefall. The misery never ends.