M.C. UK

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  1. Craig Thanks - now I vaguely remember this been mentioned - I am still struggling with the idea though
  2. Hello DOSBODers I was quickly looking through silver prices (demand and supply) and stumbled on this chart from the "Silver Institute" : https://www.silverinstitute.org/silver-supply-demand/ It shows about 10 years of price and breakdown consumption by industry. Not being an expert on the field, I've noticed the lack of correlation of consumption and the price of it. For my understand, lost of discussions on the threat about price to produce - i.e. market price close or below production cost for few miners , silver being produced as a by-product from some miners etc. I believe DB was saying the skyrocket prices that will follow this specific metal ($200 - $300 ?) when SHTF... Since apparently the price for this specific metal doesn't correlate with industry demand (?) , what would catalyses the rampant price estimated? Would that be because people will run to Gold as a "safe heaven" and it will drag Silver with it? (i.e. panic? peoples psychological fear behavior?). Or would that be something related to an apocalyptic scenario after the "market crash that is looming upon us and will happen (70% down ?)" ? Just trying to join the dots here DOSBOders friends, any input is welcome Cheers M P.S. I: @DurhamBorn good to have you and @sancho panza posting again P.S. II: their full report is available here : https://www.silverinstitute.org/wp-content/uploads/2019/04/WSS2019V3.pdf
  3. I've just started re-watching The Thick of It. The following highly kind of resonates with me (Series 1, Episode 2) - Hugh: I work, I eat, I shower. That's it. Occasionally... I take a dump, just as a sort of treat. I mean, that really is my treat.
  4. πŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜ƒπŸ˜‚πŸ˜‚
  5. @DurhamBorn born and all : talking about China , what is that about Lord Dyson moving the head quarters over there? Special Incentive? Some sort or smoke screen? - i’ve been busy today and couldnt join the dots yet ..,πŸ€”πŸ€”πŸ€”
  6. SGLN: price Β£19.49 I've put Β£40 down and decided to pay the extra Β£1.00 for "Instant order" I've got the shares "immediately" for Β£19.4950 CNA: price Β£1.37 I've put Β£10 down and decided for a free trade at 16:00 I've got the shares for Β£1.3725 VOD: price Β£1.48 I've put Β£10 down and decided to pay the extra Β£1.00 for "Instant order" I've got shares "immediately" for Β£1.4810 BT.A price Β£2.37 I've put Β£15.00 down and decided for free trade at 16:00 I've got the shares for Β£2.3845 BAT price Β£25.16 I've put down Β£25.29 and decided for free trade at 16:00 I've got the shares for Β£25.4964 And indeed, normally I wouldn't pay for such low values to commit the trade (i.e. Β£1.00 each for SGLN and VOD), however I am just trying Freetrade at the moment. As expected, for "serious trade" (ok, ... please take this in context ) , don't count on the free option in any market condition , in special on this very volatile moment we are in. (nothing new here , isn't it? ) I know they are a startup etc, but assuming they don't "fold" and continue providing the "service": even more shares available now, including some USA shares and ISA, it is an interesting option, specially considering the "instant trade" for Β£1 and ISA for Β£3 per month and FCA compliance "warranties" , it is a worth having an account with them ... I only guess DYR and all that ;-) Cheers, M.C.
  7. ... bear with me (just *SIGH* commuting at the mo) (indeed , would not pay for such myself - just on the experimentation phase with them 😊 - i.e. M.C. the guinea pig πŸ˜‚πŸ˜‚πŸ˜‚)
  8. Right, Freetrade update again 😊 Got some shares , some I’ve paid the Β£1 to get they done imediately, others to be done on their β€œfree batch” that happens at 16:00. Posting more shortly ...
  9. At least in one place House Prices seems close to the reality we are leaving nowadays https://www.theguardian.com/world/2019/jan/17/italian-town-sambuca-sicily-dozens-homes-for-sale-one-euro
  10. That is their free option and how it worked for me: "We also execute our free trades in batches to cut operational costs. We collect orders and execute them in bulk at a given time of the day." I couldn't see the paying option - perhaps because even though we were on trading hours for the US, here the markets were closed AND no US stocks are present as per yet on their platform. I've checked few times during the day and saw it processed today (Tuesday and order put "late" Monday) at/just after 16:00. I've made the mistake of not taking note of the price I had "reserved" the shares and the end price I've paid - I will do it properly to report accordingly. The issue I had was adding money into the trading account: I've added the trial value (just Β£10) to see if would reach my account. This was late on Sunday - as per their rules, this wouldn't appear on the account until Monday before noon. Monday afternoon arrived and I've opened a call/chat with support : very good chaps in there (took about 3 or 5 minutes to get help). They've said they were experiencing issues with accounts top up, but would be resolved soon and they would contact me when the money reached the account. They've kept their word, message and email sent to me when the money was on my trading account, however, it was to late to get into Monday's "batch" processing window - what happened next day (Tuesday at 16:00 in this occasion). And that has been my experience so far - I hope the above info is of any help :-)
  11. Right ... freetrade.io They now have ISA available (not free but seems cheap enough). I didnt have the β€œcourage” to go for it, howerver: Traded,i’ve got 3 VOD shares ... and the miracle of the centure : they are up! (refarding freetrade , well tooearly to say ...)
  12. Thanks DB for the detailed post. DB (and all) apologies for the hyperbolic statements of my post - I do use hyperbole a lot , not sure where I've got this habit from However , what triggers such sentiment of mine is the consensus believe and even praise from some that the Fed police(s)/behavior was what "saved the world of Armageddon predictions of doom" with monetary policies that followed 2008-2009, and I can quote from Robert T. McGee's book : "Applied Financial Macroeconomics and Investment Strategy": "Those extraordinary actions prompted a host of armchair Fed critics to 'fight the Fed'. They were, however, overwhelmingly proven wrong as their dire predictions of roaring inflation and financial Armageddon failed to materialize.Instead, the Fed's policies worked to save the US economy from another Great Depression and by 2012 had put the economy on track for a fairly solid and normal business expansion." Obviously this go on and on praising the actions taken by the Fed to save America (and, well, the "world"), criticizing European and Japanese actions etc etc. When a rigged game is played, we (me in particular) can't see the woods from the trees - perhaps all intentional from the perpetrators of this awful and disgusting game. (or... is just me ranting about my incapability of understanding anything about finance/markets/money ) M.C.
  13. I hope so DB - your knowledge and source of info are much greater than mine (well, mine are nonexistent so... )
  14. I am wondering what are they going to thrown this time to keep this false/dysfunctional market ... Super QE Phase XI? Adamantium platted ZIRP? Any other crazy monetary experiment from the so called "people from academia"?