Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The markets have really fallen out with FRES for some unknown reason, don't know what they can do to get back in favour.
I think the exact opposite they are wanting in at a bargain. Fres is the one they want, it's multiple mines, making money reducing debt...offers gold and silver exposure...and the updates are good. FRES is the apple of their eye it's quite QUITE obvious OBVIOUS in my view
FTSE 100 Share and as far as the FTSE goes HOC isn't as shiny as it once was for where to invest in Gold and Silver especially to get silver exposure on the FTSE. FRES also being FTSE 100 a target for Institutions
I think it was Jim Rikkards who said when the US weaponised the dollar via sanctions via swift they sowed the seeds for the end of the dollar as the reserve currency. But short term idiot politicians like a thug in the street reach out for any weapon they can find ! A thug in a suit is still a thug
What you are forgetting is the US total dishonour(quelle surprise !) in dishonouring their agreement at Bretton Woods to sway the vote to make the dollar the reserve currency. They say the dollar is the best of the fiat I say the opposite as it has abused its reserve currency status and reneged on its commitment. It has effectively being getting a free lunch all these years...other countries need to sell goods or services to get dollars to buy dollar denominated assets....the US prints the stuff for the cost of the paper....they are a country of no shame. As the native americans found any agreement will be reneged on...as the iranians found out as well.. they are simply a country of total cognitive dissonance.
Now I know there has been no audit of the the US gold but i am curious....as they can print dollars to infinity ..surely it would make sense to see the russians and chinese building up gold reserves...and the US can literally exchange paper dollars printed at will for actual gold....mined and refined at great cost.
I am very curious about this but logic where the US is concerned often does not apply as many in power are literally idiots. It's quite clear dollar hedgemony will end some point soon withing decades 1 or maybe 2....if they don;t have gold their only way out would be theor war machine...but that to my mind is rendered neutered because their counterparts are too strong
"heads up. Powell is set to speak later today."
Well what's the betting he doubles down on the hawkish talk still with the caveat that it'll 18months in the future ?
As I have said before i wouldn;t trust the yanks to do tomorrow what they promise today let alone a year and a half. Of all the English speaking nations they are the biggest conmen and liars going ! The native Americans were making the understatement of the century when they said "speaks with forked tongue" Even A Blue whale couldn;t get a tongue with that many forks in it's enormous mouth !
Yup i agree with that in fact i read something months ago or even last year that stated exacty that prospect....isn't that the Green's MO aka BHS ?
Like Asda, MRW will be asset stripped and sold off leaving a company that will be renting it's own stores back, paying for vehicles to deliver it's supplies and probably have EG on their forecourt.
Good day for MRW bad day for the consumer.
can someone explain why there is a 230p offer for a share that was 178p last week ?
So Morrisons share price overtakes that of TSCO
Bet ya(me included) wish you had put the dosh in Morrissons not Tsco.....55p jump that's some tasty rise
I'm not convinced that Basel 3 won't initially have the opposite effect....logic so often does not apply especially with the tricksters out there in the market.
So often when all the ducks are lined up and something should be a cert the exact opposite happens !
I have 3 concerns:
1) The city spiv's engineer a SP fall so they can load up
2) Gold and Silver will be monkey hammered in the run up to Basel 3
3) The last much less predictable is a market crash that will drag the miners down with it. of course could happen this week, next month etc But i have a feeling we will get one this year...if only engineered for the big players to make some stonking buys before things stabilise
Having lived in Germany, they just don;t do supermarkets like the UK ! I have seen better ones in Greece. Having been in lidl and aldi it's like a clown show.....the only threat they can pose is to poach the lowest level of customer....
Top up at resistance levels of 177p.
I think there is a good chance it will drift lower to above 200p but in a FTSE market downswing yeah 177p is definitely possible.....would defo be a buy then even though the debt on their balance sheet makes me want to retch
"Returning the Asian business sale by way of the SD to investors was indicative of that. That said, the fundamentals and numbers look good. "
Nothing was returned they reduced your shareholding at the same time....have we not already had this discussion ?
THE SD was not an SD it was a return of capital wrongly labeled. Never ceases to amaze me how people and companies use totally incorrect language to describe something because it suits them to hoodwink those who lack critical thinking.
Watching The Big Short again recently sub prime was described as dog poop by those who called the scam out. Here we have help to buy and shared ownership(with 100 percent of maintenance obligations) this is also sub prime aka dog poop but they scam the gullible who don;t understand housing is the economy and all methods will be used to prop up the ponzi scheme. Back to Tesco it WAS NOT an SD regardless of what it said..by reducing share holding it cancelled out the benefit.
I am now looking at a SP with a reduced float that is back where it's been before in the doldrums....and the company has a stonking debt load that the ASia Sale should have been used to expunge....strewth they didn't even clear the pension deficit in its entirety.....as i have said before you have a suspect BoD here ....seems to be TSCO is being run for their benefit and their city chums not the shareholders.......and here we are can barely hold above 220 with a reduced free float !
Call me Mr suspicious but the success of the utter baloney spouted by the Fed this week(2 years down the line ..don;t make me laugh, you can;t trust a yank to do tomorrow what he promises today let alone 2 years time) isn;t this a perfect time for them to spank PM's even harder with a shed load of paper gold and silver ? I mean if you have just landed a haymaker would you give him time to recover ? Lay it on thick with some heavy hurt straight after to crush PM confidence ! Yes it will only buy you time but they don;t care....they have a perfect opportunity here to supress PM's with some Bullion bank shennanigans.....so i ask has the FAT Lady Sung yet ?
https://www.tui.co.uk/destinations/info/entry-requirements
As I have stated Tui living in cloud cuckoo land ...no information or advice how to get tests done in resort...who is going to deal with this BS alone ? "and you may be denied boarding" GREAT...it's obviously too complex to deal with so they have given it a swerve