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

[Bobthebuilder]

2 minutes ago, stokiescum said:

I’m not crass

"iron ladies and steel men waiting for their fucking war to start again"

I leave it there Stokie let the money thinking guys have the thread back

[Loki]

Could the fed be impacted by the Fire Eye hack? 

[macca]

1 hour ago, stokiescum said:

I hope you do well im

not like a lot of benefit people I like to see people make money I’m not crass ps had to google that name I’ve no interest in watching multi millionaires drive around a track in an orderly prosesion 

Tax dodging multi millionaires..

Hamilton has the cheek to quote black lives matter, whilst avoiding millions £s in tax.. 

Clearly he does not give a fuck.. 

[nirvana]

6 hours ago, Loki said:

Could the fed be impacted by the Fire Eye hack? 

This could be really big (possibly)......change all your passwords asap! (seriously)

quote 

The attackers likely breached other agencies or organizations in addition to those already identified, which simply makes it more urgent to root out the infiltrators. FireEye’s Mandia said the attacks appears to have started in the spring.

“This might be a domino effect,” Gorge said. “It’s a coordinated attack. It’s a sophisticated attack and I don’t think we’ve seen the end of it.”

 

[Noallegiance]

9 hours ago, Democorruptcy said:

RDSB on Wednesday and BP on Friday

My timing means mine are XD this time round 

[Democorruptcy]

1 hour ago, Noallegiance said:

My timing means mine are XD this time round 

Dates to keep an eye on:

https://www.dividenddata.co.uk/

Four going ExD on Thursday VOD, UU, BAT & MRW.

[wherebee]

2 hours ago, 5min OCD speculator said:

This could be really big (possibly)......change all your passwords asap! (seriously)

quote 

The attackers likely breached other agencies or organizations in addition to those already identified, which simply makes it more urgent to root out the infiltrators. FireEye’s Mandia said the attacks appears to have started in the spring.

“This might be a domino effect,” Gorge said. “It’s a coordinated attack. It’s a sophisticated attack and I don’t think we’ve seen the end of it.”

 

interactive brokers has been sketchy all day (your nighttime) as I suspect they are rolling additional security patches across their platform.  Their pricing for past purchases was all over the place a few hours ago, showing I had bought BP at much higher prices than I had.

At the least you should have screenshots of your positions weekly - I try to remember to do this.

[Loki]

Just out of interest, what do you all think of BP (The only oilie still down on my portfolio)

Laggard (Late to the party) or under performing (Turns up and shits in the punch bowl)

Tempted to add a bit more, I mean my first buy was at 484 and laddered down from there so I'm not hurting much.  My others are well up but it's easy buying stuff that's already performed well. 

[geordie_lurch]

Good question @Loki - my BP is still the only one of my oilies still down but I think over the cycle we are all expecting we will be ok with it

[nirvana]

1 hour ago, wherebee said:

Their pricing for past purchases was all over the place a few hours ago, showing I had bought BP at much higher prices than I had

You're still buying BP? 

[nirvana]

29 minutes ago, Loki said:

Just out of interest, what do you all think of BP (The only oilie still down on my portfolio)

 

I'm still a 'good' few grand down on some BP.......but it's in my SIPP so I'm doing what a lot of folk did with 'Cuntrica'.....

Stick your head up your ass and hope it comes good 

 

[nirvana]

@LokiI know it's sometimes difficult to tell when I'm being serious (very seldom) and when I'm being mad (quite often) BUT I'm following the price of US crude to get an idea if I should HODL the oilies for the next 10 years......quite tricky when you look at 5min timeframes 

US crude had a 'sudden big dip' into the 45 handle yesterday but was bought back up quite quickly....47s we are at

 

[Loki]

Just now, 5min OCD speculator said:

@LokiI know it's sometimes difficult to tell when I'm being serious (very seldom) and when I'm being mad (quite often) BUT I'm following the price of US crude to get an idea if I should HODL the oilies for the next 10 years......quite tricky when you look at 5min timeframes 

US crude had a 'sudden big dip' into the 45 handle yesterday but was bought back up quite quickly....47s we are at

 

 that pic

 

The only point I'm going to even attempt a cheeky trade is when we see the general consensus of DXY ~88, oil ~$55, as after that a bust is expected but not guaranteed to knock everything down.

Other than that for the next 10 years I plan to just sit and collect dividends, but a chance to sell the lot at current prices and get a once in a life time do-over of March is too much for someone in my position to ignore.

[nirvana]

7 minutes ago, Loki said:

but a chance to sell the lot at current prices and get a once in a life time do-over of March is too much for someone in my position to ignore

yeah it probably will happen but you always end up with that 'shoulda, coulda, woulda' experience....please 'ping me' when you get to know the dates 

reminds me of when Russia was gonna stage the 'off your tits olympics'

Monetary injection by the FED and the BOE coming in 3,2,1....

Team Sky would be good at that...

Specially adapted bikes allow an amphetamine boost at just the right moment.......

https://theulsterfry.com/featured/russia-to-stage-its-own-off-your-tits-olympics/

 

 

[janch]

15 hours ago, Loki said:

I thought this was a good article on oil

https://zerohedge.com/technology/one-little-problem-all-electric-auto-fleet-what-do-we-do-all-waste-gasoline

Thanks for posting as it's very informative and stuff I hadn't really thought about:

 

.......we see that oil markets are now intrinsically unstable and cannot return to stability because the mix of high break-even prices, declining demand and the end of debt-funded consumption cannot be resolved: high prices crush demand, low prices crush producers, and debt is crushing both consumers and producers.

Much hope is being placed on so-called renewable energy, most of which is not renewable but replaceable, as I've learned from Nate Hagens. A forest is renewable, a solar panel or windmill must be replaced every 20 years at enormous expense.

[Loki]

@janch It's the best thing I've seen posted on ZH for a long time 

[Noallegiance]

46 minutes ago, Loki said:

Other than that for the next 10 years I plan to just sit and collect dividends, but a chance to sell the lot at current prices and get a once in a life time do-over of March is too much for someone in my position to ignore.

My penultimate pension transfer just landed in my SIPP so I just spunked a load on my top 9 divi payers, non divi low cost inflation cycle punts and commodity plays. Given that a lot of my stocks are seemingly undervalued and look like they've nosed up ready for the next cycle I can't bring myself to sell other than the odd profit taking and recycle into divi payers that I'm not selling. Don't think I could handle selling loads and then seeing the prices run away from my small means. I've got 20-30 years to wait until I take my pension anyway so a gamble now strikes me as pointless. Plus, if I were a gambler I probably wouldn't be loving this thread!

Now got circa 15% cash in reserve for any potential crash to top up, or feed it in if a bust affecting my position doesn't materialise.

I feel like a kid at Christmas buying up divi payers with money former employers gave me!

[Noallegiance]

In case anyone has come to this like me as a complete novice, the sum total of my education from the last ten years has come to the following portfolio. Not advice, just my list of SIPP holdings:

 

Divi payers:

BP, RDSB, Repsol, Plains All American, Gazprom, Telefonica, BAT, Voda, SSE, Telia, Canacol Energy, Stagecoach, Anglo American, Go Ahead, BT, Babcock, Royal Mail, Schlumberger, Ibstock

 

Non divi:

AFC Energy, ITM Power, Horizonte, GDX, GDXJ, Intrepid Potash, Powerhouse Energy, Southwestern Energy, Vermillion Energy, Infrastrata.

 

I've intentionally avoided momentum stocks, given where we appear to be in the cycles.

I didn't open my SIPP until Q1 2020. Started buying April 2020. Until today's buying I was circa 8% up. Cost average will obviously affect that.

Trying to keep it to 30 companies or less for simplicity. Which isn't simple!

[Loki]

41 minutes ago, Noallegiance said:

I feel like a kid at Christmas buying up divi payers with money former employers gave me!

It's a great feeling isn't it. 

[Democorruptcy]

CEO of VOD leaving in Feb.

https://www.hl.co.uk/shares/shares-search-results/v/vodafone-group-plc-usd0.20-2021/share-news

 

[Popuplights]

7 minutes ago, Democorruptcy said:

CEO of VOD leaving in Feb.

https://www.hl.co.uk/shares/shares-search-results/v/vodafone-group-plc-usd0.20-2021/share-news

 

I doubt his wallet will be hurting at all..

[Popuplights]

On 14/12/2020 at 15:50, CVG said:

As folks were asking earlier .....

My XOM dividend hit my HL ISA today. Niiice!

Thank Darren Woods for that. Sacrifice the employees to save the Divi. Cunt.

I'm not bitter mind......😜

[janch]

Just came across this and maybe we do need to take it on board:

https://www.bloomberg.com/graphics/2020-renewable-energy-supermajors/?utm_source=pocket-newtab-global-en-GB

I have hedged my bets somewhat as I also have some

INRG     iShares Global Clean Energy UCITS ETF USD

and

IEM  Impax Environmental Markets plc

as well as my oilies

                 DYOR etc

[Errol]

2 hours ago, Noallegiance said:

Non divi:

AFC Energy, ITM Power, Horizonte, GDX, GDXJ, Intrepid Potash, Powerhouse Energy, Southwestern Energy, Vermillion Energy, Infrastrata.

Both GDX and GDXJ certainly pay dividends.

[Errol]

19 hours ago, wherebee said:

This.

If you read US goldbug forums very few use gold storage services, and those that do use ones in singapore and switzerland for this reason.