Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not where Im sitting -property is holding up very well. If they cut interest rates, that will put wind in the sails of the property industry
If, I as I believe, there will be a very large debt/currency crisis at some point you are going to see terrible deflation probably wiping out Covid and war related inflation. At that point, banks will aggressively cut interest rates and the new cycle will begin.
@GoCPI-I think its relevant to talk about the macro on a CPI share board . I agree with your last paragraph but would argue that US hegemony is now being challenged and countries are seeking to ween themselves off the dollar precisely because it continues to lose value specifically against gold (See BRICS and what they are doing)
Savage that's not deflation...what you mean is that the rate of inflation increases has slowed. The cost of things is not going down. There is no deflation.
I would argue that the decreases in the rate of inflation are misrepresentative in any event. The ultimate inflation hedge, gold , is soaring. That's despite it being non income producing (when you can get 5 percent in a bank) and having storage costs. Central banks are buying hand over fist
Savage-inflation is soaring. You keep on believing the figures / the methods of calculating those figures. Prices are going up. My wife paid £22 for 3 croissants and 3 drinks in London a couple of days ago. Nothing fancy either
Savage Keyboard America is in a whole heap of trouble. I would imagine the true inflation rate is far higher than they are letting on. They are adding 1 trillion of debt every 90 days and thats with a supposed 3.5% unemployment rate. Now you would have thought that close to nil employment would crate enough tax rate to ensure such debt would not have to be created. How they have kept it going I dont know but Bidenomics is a total S.Show and the US is on the brink. Watch for more regional bank failures . Im reasonably well diversified in a number of asset classes
Well I must say it makes a pleasant change to see some blue
If Adolfo was capable of stripping out £160m out of this business in what appears to be a reasonably short period why could JL. I mean he only had the rights issue and then the sale of the businesses to play with. I just cant see any rationale explanation other than inept mismanagement
As for Takeovers -I cant see who would buy this given the government contracts. What I personally would like to see from the strategy update is a diversification away from the public sector and a much more aggressive international strategy. I simply dont trust Labour to run a bath . Starmer and his team are far more left wing than they are making out in my opinion and Im concerned that they will be having an irrationale look into outsourcing and increasing the state like their misconceived policy of charging VAT on education. Thats already petty ideology
Its only a matter of time before QE starts again-there will at some point be a debt crisis of magnanimous proportions which is why its extremely important to be diversified in my opinion over a number of asset classes-property , cash, shares, precious metals etc. DYOR and good luck all but the notion that all is tickety boo with the US ecomony or indeed and western economy is a falsehood and in my opinion will get worse with increasing populations and ageing populations
Savage they will only be able to service their debt via money printing -this notion that the US economy is doing very well is simply wrong. By the way true inflation figures are also considerably higher than quoted by most western governments and have been for years . Most of the jobs were created in government and health. the state is getting bigger -more mouths to feed. Please see below on interest on debt
"The Congressional Budget Office (CBO) projects that interest payments will total $870 billion in fiscal year 2024 and rise rapidly throughout the next decade — climbing from $951 billion in 2025 to $1.6 trillion in 2034. In total, net interest payments will total $12.4 trillion over the next decade"
Most of those are part time jobs...there are 300m plus people in the US...so 300000 additional jobs most of which are part time is absolutely rubbish.
The US is in huge financial trouble. Debt is through the roof. You are falling for the spin of the Democrat party