Member Info for skier1

Gate,

The academic evidence for tariff flow-through to retail inflation is limited to non-existent. Exporters and shippers and importers and distributors almost always absorb 70-90% of the extra tariff. That’s why his economic team have (shrewdly) chosen tariffs -- they are a fantastic tool for punishing over-tariffers abroad, without punishing consumers at home. What's more, most tariffs are paused for 3 months, and it's likely this is the high watermark for tariffs. From here, the only way is down. Powell should have cut 0.25-0.50% off rates by now. He's stalling due to politics, not economics.

Trump wants to let Powell go because he helped Biden, but not Trump. Powell slashed the Fed rate from Sep to Dec 2024 -- right before Biden's US election. Powell immediately stopped the rate cuts in Jan 2025 -- right after Trump's US election. He has even refused to cut, when real-time data today shows US inflation low and stable at just 1-2% for several months. The Fed is supposed be impartial and neutral. It's clearly not. That's why Trump is right to let Powell go.

Nice tick-up in the Ask near the close today, following a wave of buys. This should see some action next week.

China produces 61% of rare earths, and refines 92% of them, worldwide. And it's cutting off supply to the US. Any company with rare earths *outside* China (such as REE) is basically sitting on a pot of gold.

https://www.bbc.com/news/articles/c1drqeev36qo

Up +77% now. A share frenzy taking place.

0.25p paid.

0.2p paid 👍

Up +23% now. A sea of blue.

Revenue £20m.

Marcap £4m.

CEO today said "...more exciting gallium discoveries will be made in the near future".

Price ticking up on the Ask.

This looks ready to move.

This is up +50% in just over a week. Very quiet here, but steadily grinding it's way higher and higher. Worth 5-10p, all day long 👍

Feels like a coiled spring.

Surprised it's so quiet here! New RNS today. REE has found more gallium (rare earths), and at higher grades.

https://www.lse.co.uk/rns/REE/update-on-monte-muambe-gallium-jamr2nudirorhe6.html

Couple of suggestions.

* REE = rare earths, getting rarer (due to China-US trade war)

* AFRN = streaming video, recovery play (works with Paddy Power)

real madrid = 15 european cups

****nal = 0 (zero)

Tories piled a record £200b a year into the UK NHS 👍 Those benefits are being reaped by the country today.

Have you been to an NHS hospital or dentist, recently! Getting abandoned on a trolley for 10 hours while being put on the pathway to death is nothing to brag about.

Nope.

Even the poorest state in the US (Mississippi) is richer per-head than the UK. US wealth is another 2 or 3 levels higher than the UK. Even a "poor" person in America is at about the same level of wealth as a UK middle-class person.