Credit deflation and the reflation cycle to come (part 2)

[Don Coglione]

11 minutes ago, wherebee said:

Suddenly had a morbid idea.  

If mortality in the UK is going to rocket over winter due to a combination of NHS collapse, untreated cancers, ADE, and other lovely stuff...

wouldn't funeral parlours be a good pick?

 

A lot of people piled into Dignity when Covid broke. Do you fancy a bumpy ride?

 

[Harley]

58 minutes ago, Harley said:

There's a suitable retort there somewhere.....!

 

@nirvana you're a man of the world about these things.  What the feck is "bogged" other than a couple of faceplants?  Is it good or am I in the shite?

PS:  The joke was about morning wood!

[Harley]

28 minutes ago, Don Coglione said:

A lot of people piled into Dignity when Covid broke. Do you fancy a bumpy ride?

 

Is thst the funeral lot?  I looked at the time and saw some poor fundamentals so avoided.  Looked like the debt merchants and co had got there first.  That can be the problem with macro alone.  But then £2 to £7 so what do I know!

PS:  Would have been an excellent hedge for my Carnival holding though!

[nirvana]

1 minute ago, Harley said:

@nirvana you're a man of the world about these things.  What the feck is "bogged" other than a couple of faceplants?  Is it good or am I in the shite?

it's anything you want it to be bro! cos dem Bogdanoff boyz they take things up and they take things down lol

it's just 'the world' to me......I have to keep reminding myself that 'the whole world is a stage'.....I'm not much of a 'performer' nowadays, I'd rather be a lazy cnut and do most of the watching.......I have got a temper issue sometimes and I still get 'triggered' like when some potential buyer English cnut was giving me shit yesterday about my neighbours fence that the fuckin neighbour put up! Sacre bleu fml

PS WTI is a sell on your chart if you ask me, but it can look a bit different on different timeframes as you well know 

 

[Don Coglione]

2 minutes ago, Harley said:

Is thst the funeral lot?  I looked at the time and saw some poor fundamentals so avoided.  Looked like the debt merchants and co had got there first.  That can be the problem with macro.  But then £2 to £7 so what do I know!

Yes. I haven't studied them, but the share price dropped by more than half in March/April 2020, when the market was terrified at the prospect of millions dying! I have (unwittingly) used them and they were very much run by the bean-counters.

[Harley]

13 minutes ago, nirvana said:

it's anything you want it to be bro! cos dem Bogdanoff boyz they take things up and they take things down lol

it's just 'the world' to me......I have to keep reminding myself that 'the whole world is a stage'.....I'm not much of a 'performer' nowadays, I'd rather be a lazy cnut and do most of the watching.......I have got a temper issue sometimes and I still get 'triggered' like when some potential buyer English cnut was giving me shit yesterday about my neighbours fence that the fuckin neighbour put up! Sacre bleu fml

PS WTI is a sell on your chart if you ask me, but it can look a bit different on different timeframes as you well know 

 

Ta.  The joke was about morning wood!  Not a dig as that's not my thing.

Yep, we can all be right and wrong at the same time as it depends on the timeframes used.  Looks like traders graduate to the longer time frames as they age!  I have!

I have however started to use all three time horizons in my buys and sells in a more structured way to so far good effect.  That shows up some good "swing" type trades but I'm too busy atm to be arsed so just wait for some sort of alignment for longer term positions.

[Harley]

7 minutes ago, Don Coglione said:

they were very much run by the bean-counters.

Yep, very much looked like the classic milking of a cash cow!

[Harley]

53 minutes ago, wherebee said:

Suddenly had a morbid idea.  

If mortality in the UK is going to rocket over winter due to a combination of NHS collapse, untreated cancers, ADE, and other lovely stuff...

wouldn't funeral parlours be a good pick?

 

I tried way back but the fundamentals stopped me.  Now private hospitals, specialist Reits, nursing homes, etc.....

[Metalheadz]

Good 10 minute discussion on the Uranium set up here, starts at 1:41:24.

Curious if anyone is able to buy the new Sprott product in the UK?

I'm holding Cameco and Kazatomprom, but am inclined to buy a whole bunch more U.

[nirvana]

31 minutes ago, Harley said:

Looks like traders graduate to the longer time frames as they age!  I have!

nah stick to the 1 and 5 mins lol

this crypto is fooking amazing! I've just made thousandz today alone, think I'm off for a bike ride in the sun to celebrate 

PS come on dude gimme the 'bogged hi five'!!! 

[Harley]

14 minutes ago, nirvana said:

nah stick to the 1 and 5 mins lol

this crypto is fooking amazing! I've just made thousandz today alone, think I'm off for a bike ride in the sun to celebrate 

PS come on dude gimme the 'bogged hi five'!!! 

Crypto and Asia - where the technicals work best!  Like the old days.

PS:  Consider yourself "bogged", the love and kisses kind!

[M S E Refugee]

16 minutes ago, Metalheadz said:

Good 10 minute discussion on the Uranium set up here, starts at 1:41:24.

Curious if anyone is able to buy the new Sprott product in the UK?

I'm holding Cameco and Kazatomprom, but am inclined to buy a whole bunch more U.

I took a small punt on Forsys Metals a Uranium and Gold exploration company and quickly lost over 30% but this week it has erased all of my losses, I shall keep hold of them and enjoy the ride.

[Errol]

19 hours ago, Sugarlips said:

Credit to Doug Casey for this:

 

Gold backed Yuan CBDC here we come.

[Hancock]

2 hours ago, Harley said:

That got me looking at Yellow Cake.  What's going on here?  And did they really both start at the same time (Sprott has presumably inherited the data from the acquired Uranium Participation Corp).  Will Yellow Cake play catch-up or are they somehow different?

Yellow Cake buys and stores Uranium, the other buys Uranium miners.

I got Yellow Cake at 200p and Fission which i bought a 2/3 years ago which is now up 100% (or 200% on kids Junior SIPP). Will buy more if/when it crashes.

Paladin Energy was recommended on here last year, i was waiting for it to hit 10cents. 

https://www.google.com/search?q=paladin+energy+share+price&oq=pa&aqs=chrome.3.69i57j69i59l3j69i60l4.3771j0j4&sourceid=chrome&ie=UTF-8

[Harley]

11 minutes ago, Hancock said:

Yellow Cake buys and stores Uranium, the other buys Uranium miners.

I got Yellow Cake at 200p and Fission which i bought a 2/3 years ago which is now up 100% (or 200% on kids Junior SIPP). Will buy more if/when it crashes.

Paladin Energy was recommended on here last year, i was waiting for it to hit 10cents. 

https://www.google.com/search?q=paladin+energy+share+price&oq=pa&aqs=chrome.3.69i57j69i59l3j69i60l4.3771j0j4&sourceid=chrome&ie=UTF-8

Sprott Uranium buys uranium, not miners.  GCL buys miners.

[Harley]

1 hour ago, Metalheadz said:

Good 10 minute discussion on the Uranium set up here, starts at 1:41:24.

Curious if anyone is able to buy the new Sprott product in the UK?

I'm holding Cameco and Kazatomprom, but am inclined to buy a whole bunch more U.

Careful Lyn, I just paid good money as a subscriber!

[JMD]

2 hours ago, Harley said:

That got me looking at Yellow Cake.  What's going on here?  And did they really both start at the same time (Sprott has presumably inherited the data from the acquired Uranium Participation Corp).  Will Yellow Cake play catch-up or are they somehow different?

Yellow cake is lot smaller than Sprott uranium and I bet being on the LSE does it no favors. Plus Sprott is seen as a 'sexy' price driver and is currently aggressively buying so price difference must be a temporary blip? After all uranium is a pure commodity investment so it shouldn't much matter where the pounds are... The obvious conclusion from all these questions is Yellow cake must be a cheap buy!?

[Harley]

1 hour ago, Metalheadz said:

Curious if anyone is able to buy the new Sprott product in the UK?

Yes, but not on the LSE, only on the TSX.  See my earlier post.

[MrXxxx]

7 hours ago, Harley said:

There's a suitable retort there somewhere.....!

Yes, if you are with her and you get erectile dysfunction you say "Sorry, I was thinking about my Centrica shares!" :-)

[King of Fools]

On 07/09/2021 at 22:13, Phil said:

What does that mean.I realise  it’s a personal thing but wtf does it mean?

Hey Phil

I can only show you the destination, you have to find your own path there.

However, just you help you: the first two lines “Rockets , moonshots. Spend it on the have nots”. Are an obvious reference suggesting Elon and Jeff should have given their space money to Marcus Rashford. The song also distils the wisdom of @DurhamBorn into two lines “Inflation no chance. To increase finance”

Peace.

[Phil]

35 minutes ago, King of Fools said:

Hey Phil

I can only show you the destination, you have to find your own path there.

However, just you help you: the first two lines “Rockets , moonshots. Spend it on the have nots”. Are an obvious reference suggesting Elon and Jeff should have given their space money to Marcus Rashford. The song also distils the wisdom of @DurhamBorn into two lines “Inflation no chance. To increase finance”

Peace.

Thank you. 

[Democorruptcy]

12 hours ago, Don Coglione said:

Yes. I haven't studied them, but the share price dropped by more than half in March/April 2020, when the market was terrified at the prospect of millions dying! I have (unwittingly) used them and they were very much run by the bean-counters.

DTY went down with everything else in March 2020 and then despite the prospect of more funerals due to covid, they weren't making as much profit per funeral due to covid restrictions. Then in August the CMA review of the funeral sector, which was expected to be bad for DTY, concluded they wouldn't do anything because of covid and the price went up about 50% overnight!

[DurhamBorn]

5 hours ago, King of Fools said:

Hey Phil

I can only show you the destination, you have to find your own path there.

However, just you help you: the first two lines “Rockets , moonshots. Spend it on the have nots”. Are an obvious reference suggesting Elon and Jeff should have given their space money to Marcus Rashford. The song also distils the wisdom of @DurhamBorn into two lines “Inflation no chance. To increase finance”

Peace.

They should let Rashford fuck off to wherever he came from and spend the money on getting to Mars rather than sub welfare scroungers to get their nails done with the money they save from free school meals.The welfare state is why we are where we are.It makes my job easy its that much of a disaster and east to predict.

[Hancock]

5 hours ago, Democorruptcy said:

DTY went down with everything else in March 2020 and then despite the prospect of more funerals due to covid, they weren't making as much profit per funeral due to covid restrictions. Then in August the CMA review of the funeral sector, which was expected to be bad for DTY, concluded they wouldn't do anything because of covid and the price went up about 50% overnight!

I never knew funerals are traded on the stock market. What a vile society we live in.

[DurhamBorn]

China buying UK shares.Look at what its buying,energy,telcos and materials and its selling dollar holdings to buy them  Bp ,Shell,Vodafone,BHP and Anglo American.Maybe they think inflation isnt going away.Of course the fact they will be buying lots of LNG etc and are interested in Africa where VOD are big is part of it.

https://www.telegraph.co.uk/business/2021/09/11/china-boosts-stake-uk-london-shares-spree/