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

[nirvana]

And I'll raise you this too  But since when have the human 'parasite race' ever given a crap about plants and animals 

Over 230 scientists from more than 40 countries have expressed their “serious concerns” regarding the ubiquitous and increasing exposure to EMF generated by electric and wireless devices already before the additional 5G roll-out. They refer to the fact that ”numerous recent scientific publications have shown that EMF affects living organisms at levels well below most international and national guidelines”. Effects include increased cancer risk, cellular stress, increase in harmful free radicals, genetic damages, structural and functional changes of the reproductive system, learning and memory deficits, neurological disorders, and negative impacts on general well-being in humans. Damage goes well beyond the human race, as there is growing evidence of harmful effects to both plants and animals.

[Starsend]

4 hours ago, feed said:

Fairly frequently at every 2 weekend or so.  But to be offered them you need to be an active seller. I've found listing a handful of sub £50 items mid week will almost always guarantee i get any fees discount offers.  

By paying £2.5 on a £25 sale means i'll pay £1 on a £300 sale.  That's eBay. 

Thanks, that's useful info when the time comes. 

[Starsend]

I'm trying to build a small uranium position. Besides the usual suspects like Cameco I really wanted Kazatomprom, the largest uranium miner in the world and paying a tasty 5%+ divi. Rang Hargreaves Lansdown and they can't get it for me as although it's listed on the London exchange it doesn't settle via Crest.

Does anybody hold it and if so how did you buy it?

Can't buy URA either so I'm not doing very well at the moment 

[DoINeedOne]

26 minutes ago, Starsend said:

I'm trying to build a small uranium position. Besides the usual suspects like Cameco I really wanted Kazatomprom, the largest uranium miner in the world and paying a tasty 5%+ divi. Rang Hargreaves Lansdown and they can't get it for me as although it's listed on the London exchange it doesn't settle via Crest.

Does anybody hold it and if so how did you buy it?

Can't buy URA either so I'm not doing very well at the moment 

Degiro has it via Frankfurt Stock Exchange (FRA)

[Errol]

29 minutes ago, Starsend said:

I'm trying to build a small uranium position. Besides the usual suspects like Cameco I really wanted Kazatomprom, the largest uranium miner in the world and paying a tasty 5%+ divi. Rang Hargreaves Lansdown and they can't get it for me as although it's listed on the London exchange it doesn't settle via Crest.

Does anybody hold it and if so how did you buy it?

Can't buy URA either so I'm not doing very well at the moment 

Tried Yellow Cake plc?

[Starsend]

13 minutes ago, Errol said:

Tried Yellow Cake plc?

Yep, got them. They seem to follow the spot price which a lot of people think will have to double over the next couple of years.

It's surprising how few funds/etfs there are for uranium with none of them being available on Hargreaves Lansdown.

[TNS]

anyone picking up GSK as it's taken a nice whack today ?

[geordie_lurch]

12 minutes ago, TheNickos said:

anyone picking up GSK as it's taken a nice whack today ?

Yes apparently I have as that drop seems to have triggered a limit order I put in ages ago and forgot about

[sancho panza]

2 hours ago, geordie_lurch said:

So does that all mean BP and RDSB are going to go up or down in the next few days / weeks @sancho panza in your opinion as I'm a bit thick

I'm a long term buyer oif the oilies.This is a pullback versus the underlying which I've jsut invested some long term moeny in.-an hour back.Adding to other long term positons.

I'm in the @DurhamBornschool ofbulls for thsi sector for thedecade coming.

In terms of the next few weeks,we have some long March calls 240-300 that are underwater currently,two weeks back they were up 200%-400%.That's leverage.I'm satisfied the March timeline is still good for us to at least break even maybe even touch 300 again-but I'm not strong on TA so would defer to @Harleyor @Cattle Prodwho do more of it

However,the oilies have clear recent form for busting 10% in a week as per chart above.Brent hasn't pulled back,I'm looking for 300 poss before March but maybe they'll stay here.I'm comfortable running with our positions.

have added some May/Jun calls just now-270-280.

WOuld have added some RDSB but they're not as oversold imho as BP.

Decl:very long big oil incl the above.

[sancho panza]

24 minutes ago, Starsend said:

Yep, got them. They seem to follow the spot price which a lot of people think will have to double over the next couple of years.

It's surprising how few funds/etfs there are for uranium with none of them being available on Hargreaves Lansdown.

Which is a bullish sign for the contrarians surely?

we're sat on some cameco from 2017.It' s run up nicely but coudl be due a pull back.

[sancho panza]

2 hours ago, Yadda yadda yadda said:

Suggests they might go up. Could still have a sentiment headwind from institutions publicising their exit from the sector. And profit taking from the rise up from the bargain basement. Some could be concerned that covid hasn't played out yet with lower oil use as a result. Or that China or somewhere might lockdown heavily again.

China was busy stockpiling oil at $20 WTI during the summer.Not sure they ever really locked down.

That's what they told Boris and the West anyway.

Be interesting to see what Chinese/Indian imports are doing .

[Bricormortis]

Where does the demand come from to drive the uranium price up ? Surely the amount of reactors only changes slowly.

[DurhamBorn]

24 minutes ago, TheNickos said:

anyone picking up GSK as it's taken a nice whack today ?

Me.I worked for them for 10 years.Once split value will surface.Not very exciting,nor huge gains expected,but i think they will easily do my 65% including divis for the cycle i aim for to outflank my expected inflation.

They will cut the divi by 1/3 i expect in 22,but i fully expect the uplift in share price will make up for that over the cycle.

They arent an inflation play,but one reason iv been buying them is simply because it was my time there that made me in many ways.I care about them.They had crap management for a while after having superb management,accountants took over,but hopefully that period is ending with the split.

 

[Don Coglione]

9 minutes ago, Bricormortis said:

Where does the demand come from to drive the uranium price up ? Surely the amount of reactors only changes slowly.

Depleted uranium ammunition?

[DurhamBorn]

9 minutes ago, Bricormortis said:

Where does the demand come from to drive the uranium price up ? Surely the amount of reactors only changes slowly.

When contracts come up to renew and there is a 2% shortage and they panic.Thats how all massive bulls in the sector have happened.Iv made a lot of money over the years in the URA etf,until the EU protected me from it.

[CVG]

6 minutes ago, DurhamBorn said:

Me.I worked for them for 10 years.Once split value will surface.Not very exciting,nor huge gains expected,but i think they will easily do my 65% including divis for the cycle i aim for to outflank my expected inflation.

They will cut the divi by 1/3 i expect in 22,but i fully expect the uplift in share price will make up for that over the cycle.

They arent an inflation play,but one reason iv been buying them is simply because it was my time there that made me in many ways.I care about them.They had crap management for a while after having superb management,accountants took over,but hopefully that period is ending with the split.

 

And I'm a sucker for a quarterly dividend.

[reformed nice guy]

5 hours ago, CVG said:

It works until it doesn't. I wouldn't want to advertise the fact that I hold a stock of PM at my address.

Sell from your mother in laws house!

[nirvana]

OIL is on a real tear this week! I quite like this barchart.com website cos there's loads of prices on there and if you know the ticker/symbol you just whack it in at the top ie

 

 

[nirvana]

US Oil wants to hit 56s 

Having said I like that website here is the Silver chart and yes the figures say 6.47% rise in 5 days...

ok I give in, if you use the 24.9 low, that's where the rise comes from 

 

[Democorruptcy]

2 hours ago, geordie_lurch said:

So does that all mean BP and RDSB are going to go up or down in the next few days / weeks @sancho panza in your opinion as I'm a bit thick

Well said mate. All these techno chartists need to put a simple 'Buy' or 'Sell'

Have you got any RDSB and stop losses set?

[nirvana]

2 minutes ago, Democorruptcy said:

Well said mate. All these techno chartists need to put a simple 'Buy' or 'Sell'

are you still offering 3 to 1 on Nasdaq hitting 20k before it retraces back to 9k? 

I'll take it for 1€ 

[geordie_lurch]

14 minutes ago, Democorruptcy said:

Well said mate. All these techno chartists need to put a simple 'Buy' or 'Sell'

Have you got any RDSB and stop losses set?

Yes I have RDSB but my average weighted price paid is 1,105.06p so I'm keeping them for the long haul alongside my other oilies - Exon, Petrofac, Gazprom and Repsol. I have zero BP now after using the cash from them across those other ones and some of my other 20 stocks in this ISA I have built up which I have tried to set up to get me a decent return for the next 7+ years as per a lot of the great knowledge shared here

I wouldn't take much notice of what I'm doing or have done though as it's taken me until I'm in my 40s to take charge of my own financial future via a stocks and shares ISA although I have other assets outside of that though. Anyway I'm 11% up over those 20 or so stocks in total in less than 12 months and that profit has all been reinvested back across them all as and when I have moved things around so am happy with where I am for now

[Democorruptcy]

8 minutes ago, nirvana said:

are you still offering 3 to 1 on Nasdaq hitting 20k before it retraces back to 9k? 

I'll take it for 1€ 

Can you confirm you are accepting "3 to 1 on" i.e. 1.33? Your liability is €1 mine is 33 cents.

[Democorruptcy]

7 minutes ago, geordie_lurch said:

Yes I have RDSB but my average weighted price paid is 1,105.06p so I'm keeping them for the long haul alongside my other oilies - Exon, Petrofac, Gazprom and Repsol. I have zero BP now after using the cash from them across those other ones and some of my other 20 stocks in this ISA I have built up which I have tried to set up to get me a decent return for the next 7+ years as per a lot of the great knowledge shared here

I wouldn't take much notice of what I'm doing or have done though as it's taken me until I'm in my 40s to take charge of my own financial future via a stocks and shares ISA although I have other assets outside of that though. Anyway I'm 11% up over those 20 or so stocks in total in less than 12 months and that profit has all been reinvested back across them all as and when I have moved things around

Well done on the profits!

I only asked about RDSB as they are reporting tomorrow.

[Democorruptcy]

3 hours ago, DurhamBorn said:

Telcos catching a bid today,Vod coming out with really solid profits

The detail behind the VOD trading update:

https://www.vodafone.com/sites/default/files/inline-images/dfGfJPVrEkZxBbNwFnqZqyw4cbwFRw1hPJC1D8sLxZFx9O6tbL.pdf