Not directly but whether I have a big miner in some of my managed fund element I just don't know. Which ones are they?
I was being generous when I said most, it's all of them, they all think you were hopelessly wrong about the next mining boom boom boom that was going to head to the next wage boom boom boom that was gonna lead to the next property boom boom boom
I'm actually thinking of going to cash after/during the UK election.
I feel shares have done their bit, and I can see a correction looming.
Pounds or $USD?
I fancy Pounds short term but $USD near and during the Brexit stage. If Germany, France and the rest get tough on trade the UK will be a mess for some years.
Take risks - if you win you will become wealthy, if you lose you will become wise
I was being generous when I said most, it's all of them, they all think you were hopelessly wrong about the next mining boom boom boom that was going to head to the next wage boom boom boom that was gonna lead to the next property boom boom boom
We all just think you're wrong boom boom Bardon
If you look at what I said about commodities I agreed about slow wages growth and wrong about slow house price growth, and I am still saying that. But you wont.
I fancy Pounds short term but $USD near and during the Brexit stage. If Germany, France and the rest get tough on trade the UK will be a mess for some years.
It's funny, but I see this as very much like the negotiations that happened with negan in the walking dead. After the election may will pick two ministers to quench Lucille's thirst.
I see the pound rising to 1.90 aud after the UK election, then taking a breather.
The EU will play hard ball. They won't compromise. You saw what happened with Greece. They were prepared for them to leave the euro and weather the damage.
Same here. They will tell the UK how it is going to be.
All may can do is hard brexit or EEA/efta transition. Hard brexit pound gets trashed. EEA/efta, you could see 2.20 aud. You have to remember that the UK economy is on steroids with the low pound, plus the aud is suffering with China stockpiling iron ore, not to mention the collapse in oil.
I would seriously consider buying the euro and European shares after the UK election for a while. Things are improving there. Leave it there for a year, then bring it back to pounds.
Greece is an economic millstone around the neck of Europe.
The UK is a net importer of EU goods. Every sanction placed on the UK by Europe will result in a tit for tat sanction in return. Europe will end up worse off.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
Greece is an economic millstone around the neck of Europe.
The UK is a net importer of EU goods. Every sanction placed on the UK by Europe will result in a tit for tat sanction in return. Europe will end up worse off.
worse off, but not worse off than the UK.
But it is irrelevant. They will not put the project at risk.
Matthew
6 May 2017, 01:36 AM
You say that a lot.
If I'm moving towards cash, it doesn't mean I'm selling everything. It just means I'm reducing my shares and increasing cash.
I'm fully invested at the moment.
So I will be moving towards cash for some time.
I may mention it from time to time.
I may change my mind and start accumulating shares. I'll let you know.
Very true. BHP is losing its arse on that US shale gas as well. Oil prices will decline now again. Thank the previous CEO Marius Kloppers for that disaster. And talking of disasters, BHP still have to pony up that $7Billion for killing all those villagers. For iron ore? I see $35 or lower.
Very true. BHP is losing its arse on that US shale gas as well. Oil prices will decline now again. Thank the previous CEO Marius Kloppers for that disaster. And talking of disasters, BHP still have to pony up that $7Billion for killing all those villagers. For iron ore? I see $35 or lower.
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