Shatner's Bassoon

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About Shatner's Bassoon

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  1. Shatner's Bassoon

    Lapdancers?

    I went a couple of times on work-dos back in the '90s when they became a thing and I was young and knew no better. The worst bit was making polite conversation before the music started. I asked one girl if she'd read any good books lately. I asked another if she enjoyed the work and she said "no, it's horrible", which added a certain melancholy twinge to the subsequent arse-wafting-in-face to the strains of Blackstreet's 'No Diggety'. I also found it funny that blokes would misread the body language and think that the girl was genuinely interested in them. An Indian work colleague was convinced he was in with one girl and approached her at the bar when she was on a break. Just as he opened his mouth she just went "are you going to fuck off or what?" and he turned immediately around.
  2. I'm in the same boat. Good to see others here with the same thinking. I can't say it was exactly the original plan (it's crackers when you think about it) but very happy with the situation now - dividends and compounding are making it easier every year and our rent's less now than it was in 2002. I'm also lucky that I have an understanding wife - we're both into minimalism and neither of us wanted kids. Rarely discuss it with friends and colleagues and am sure they look down on us for still renting. Not sure we'll ever buy where we are now (Manchester) though could buy somewhere outright now. Fully onboard with Sancho's idea of renting anywhere abroad. The idea of escaping the north west in winter and disappearing to somewhere like Puglia for 6 months is very appealing.
  3. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Pretty sure you can buy GDXJ now - if you try to deal you get a 'Stock Market Closed' message, but if you try to buy GDX you get the standard message about the KIID document not being made available.
  4. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    There's been quite the about turn from Powell since last month and the Christmas Eve bloodbath. https://www.bloomberg.com/news/articles/2019-01-30/fed-adopts-patient-rate-stance-with-balance-sheet-flexibility?srnd=premium-europe Is that it for rate hikes then? Gold at $1320
  5. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Royal Mail are blaming a larger than expected decline in letter volumes (as they also did back in October). The thing is, those letters are never coming back. I work for a large energy company and the old model of churning out paper bills and reminders and driving calls into call-centres is dying on its arse. We're competing with much nimbler, online account management only companies with much lower operational costs. We're closing call-centres and have an aspiration to send no paper by 2021 (this won't happen, but the direction of travel is clear). We currently push around 150m letters through RM. Young people don't want to ring their energy supplier - it's all paperless billing, text, webchat and online account management now. Even email's out of date now. When the current crop of pensioners die off, that'll be it. Plus GDPR means businesses are terrified of sending out junk mail. Am all for contrarian plays but I just can't see where the growth is coming from.
  6. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Thanks for the advice. Yes, the way the share price plummeted the day before the placing RNS screamed insider trading. Still, it's a serious project so worth a speculative punt. Not huge sums, obviously.
  7. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Been a torrid few days with the placing and now this. Bit gutted I didn't top slice when it hit 2p but all valuable investing psychology lessons for me...crazy AIM stock - it's up and down more than a kid on tartrazine. Planning to top up if it goes sub-1p again. The project isn't dependent on EU funding so feels like an over-reaction.
  8. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Do you plan on doing any top slicing? I'm leaning towards 'shit or bust' but guess it's never a profit until you cash it in.
  9. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Haha, well spotted! Nice avatar btw. 'Laughing Stock' is a wonderful record...
  10. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Can any of our readers beat this yellow sticker porn?
  11. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Thought this thread was interesting - very much chimes with the views on here. (click on Michael Krieger's text rather than the original part below to see his thread).
  12. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    I've got some Randgold still showing in my HL portfolio - the last trading day for that was 28th December. Am assuming it'll be replaced with new Barrick shares in the next day or two.
  13. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    I also owe you one. First time I've seen a 100% gain before and has single-handedly rescued my ailing portfolio. After years of pitiful interest on my savings, it seems unreal. And again thanks to DB for setting up this thread and sharing so much knowledge - it could be quietly life-changing for a lot of us.
  14. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    His recent record is hilarious - Capita, Provident Financial, AA, Prothena. One disaster after another.
  15. Shatner's Bassoon

    Credit deflation and the reflation cycle to come.

    Hat tip to Solzhenitsyn. Infrastrata up around 21% today. Lots to like about this share - in talks with a major blue chip over an offtake deal, the closure of Rough leaving the UK without gas storage, a highly competent CEO, the board buying shares with their own money, European project of common interest etc. https://www.hl.co.uk/shares/shares-search-results/i/infrastrata-plc-ordinary-0.01p?tab=security_details