RE: Buy & sell call30 Mar 2017 11:28
Camkite - Interesting posts in the last few days. The market is certainly volatile with no obvious sense of direction. Therefore anything out of left field can turn it upside down. The only stock I own (and not very much) is SLP which is naturally controlled by the dollar which in turn controls the price of platinum. At least it makes a profit even with an indifferent platinum price. Most of Aim consists of companies that promise jam tomorrow and rarely deliver. Very profitable if you like gambling on expectation, charts etc.and get your timing right but at the end of the day fundementals must have a say. When the market gets smacked it's Aims hot air ramped to death Ctag type of gambling stocks that go to the wall taking peoples shirts off their back. You can trade them but for gods sake don't hold them.It's not investing in any way, shape or form. The main reason everything looks so shaky today is debt.Countries have massive debts in the trillions, and in todays business news individuals in the UK are borrowing more and more on their credit cards or taking out personal loans. The economy is slowing, pay does'nt keep up with peoples spending needs and interest rates are cheap. Our govt does'nt seem to care about the dangers in allowing this to continue. Any tick up in rates risks bringing the house of cards down but if the conservatives wish to keep power they need to keep giving the voters sweets to keep them onside. Rising rates means a stronger pound and therefore weaker exports and more damage to an already shaky economy.In other words we are in a debt trap a la James Goldsmith. Go read that book I mentioned. You can buy it on Amazon.