Credit deflation and the reflation cycle to come (part 3)

[nirvana]

1 hour ago, nirvana said:

in other news the BBs are buying Gold at 1750....fill yer boots bro!! 

can't even hold 1750...friday fuk day innit ....or maybe POETS day....so piss off and find something less boring to do instead.....or just play the guitar 

 

[DurhamBorn]

Partner has just had the local government pay offer.£1900 across all grades and an extra holiday.So around 8% for lower paid.Manager will get the same increase.Interesting that,obvious they know its the lower grades where they cant or hold staff now and that unlikely any managers etc will leave.

[Pip321]

5 hours ago, M S E Refugee said:

Can anyone shed any light on why Jupiter is performing so badly?

It's now yielding 15%.

Jupiter 110p now…..it’s risky but ‘he who dares’ Rodney. HL dropped them but could make an interesting small investment. 

HoC had some disappointing results and another one dropping on my ‘interesting’ list.

I will probably do nothing because there are a few contenders….happy to watch and wait. We haven’t had a really bad day across the whole markets for a while, that’s normally when I try buy. 

[Lightscribe]

27 minutes ago, JMD said:

I agree.

And in terms of allowing human nature to trump dogma (always the best policy) I'm reminded of the saying, 'Tell me the incentives and I'll show you the outcome'... Except, this time, in relation to potential turning points and recovery - and if your right about those Money Masters driving this cycle toward its destruction - then I assume those Masters have absolutely no intention of providing a new set of incentives for the majority... Hmm what a very depressing thought.

 

https://www.bitchute.com/video/SZ28SJz3m9Dc/

Listen to them at the end of the video. It was always about how your life would be impacted and how things would have to change for you, it was never for them.

[M S E Refugee]

5 minutes ago, Pip321 said:

Jupiter 110p now…..it’s risky but ‘he who dares’ Rodney. HL dropped them but could make an interesting small investment. 

HoC had some disappointing results and another one dropping on my ‘interesting’ list.

I will probably do nothing because there are a few contenders….happy to watch and wait. We haven’t had a really bad day across the whole markets for a while, that’s normally when I try buy. 

According Simply Wall Street they say that Jupiter is undervalued and has an excellent balance sheet.

I'm not sure how accurate their assessment is.

[JMD]

5 hours ago, Starsend said:

There's always been a small part of the population who are so useless it's cheaper and easier to just pay them to stay at home - but it used to be a very small part.

A lot of the population are pretty thick, these people did all the unskilled work, making sandwiches in a canteen, working in a food factory etc. All of these workplaces providing a lot of jobs for thickies have been overrun by Eastern Europeans who were happy to be treated like shit for minimum wage because it was a fortune to them. The bosses / politicians of course loved it.

Where did all the displaced British people end up - on bennies. I put 100% of the blame on politicians.

Yes, I remember being told back in the 90s that some benefits were actually targeted at the idle and feckless in society in order to effectively allow them just to stay at home. This was apparently termed 'hush money' in government circles, because it was easier and cheaper to 'pay these people off and keep them quiet' rather than to  even attempt to get them to do anything productive!!

[leonardratso]

10 minutes ago, M S E Refugee said:

According Simply Wall Street they say that Jupiter is undervalued and has an excellent balance sheet.

I'm not sure how accurate their assessment is.

go on then, ill have a gamble in the last minute, i better find a fiver out on the road later if it doesnt pay off;

Type

Market Buy

Status

Filled

Submitted on

19 Aug. 2022, 16:29

Order id

EO2022077147

Ordered value

£5.00

Filled on

19 Aug. 2022, 16:29

Filled quantity

4.4983037

Fill price

p110.6

Fill id

EOF2022077150

Exchange rate (GBP/GBX)

100

Trading Type

Over the Counter (OTC)

Stamp duty reserve tax

£0.02

Total

£5.00

[nirvana]

21 minutes ago, Pip321 said:

Jupiter 110p now

she's dead Jim, I mean Pip 

[M S E Refugee]

19 minutes ago, leonardratso said:

go on then, ill have a gamble in the last minute, i better find a fiver out on the road later if it doesnt pay off;

Type

Market Buy

Status

Filled

Submitted on

19 Aug. 2022, 16:29

Order id

EO2022077147

Ordered value

£5.00

Filled on

19 Aug. 2022, 16:29

Filled quantity

4.4983037

Fill price

p110.6

Fill id

EOF2022077150

Exchange rate (GBP/GBX)

100

Trading Type

Over the Counter (OTC)

Stamp duty reserve tax

£0.02

Total

£5.00

I've only got a couple of hundred in them and I'm down 20 quid so far with a £7 dividend on the way.

Is there something fundamentally wrong with them or are they just out of favour?

[M S E Refugee]

 

[DurhamBorn]

10 minutes ago, M S E Refugee said:

I've only got a couple of hundred in them and I'm down 20 quid so far with a £7 dividend on the way.

Is there something fundamentally wrong with them or are they just out of favour?

Losing assets,CEO was crap and is leaving "to lie on the beach" he said.Likely they need a merger or buying out.I had ladders set but didnt execute after two because i increased Ashmore and Ninety One to much bigger ladders.Im full on Ashmore now last went in at £1.95,room for a few more Ninety One.I want ones that mainly do EMs as i think once investors understand the west is in serious trouble a wall of money might flow their way.I decided they are a way to leverage EMs.If wrong they might go down,but if right they should leverage returns.

Nice to see Turkcell protecting us from basket case currency debasement from government,not Turkey,UK,im actually up on them now,i salute the new Ottoman Empire.

[Lightly Toasted]

4 hours ago, ThoughtCriminal said:

Yes but they were protestant working class boys who thought the same and had the same culture.

 

We now live in woke tower of Babel.

 

Kipling, as ever, knew what we have forgotten

 

"The Stranger within my gate,
He may be true or kind,
But he does not talk my talk--
I cannot feel his mind.
I see the face and the eyes and the mouth,
But not the soul behind."

Thanks, I'd not read that one before: a powerful expression of an idea though not one of his best poetically, IMO.

A comment from a page about the poem:

... the stranger within my gates is a white socialist who holds the gate open for others to take my home while other white socialists hold me down so I cannot shut the gate. Those entering are not the enemy, the stranger. They are doing what normal people should do. The enemy, the stranger, are those members of my own stock who make war on their own.

We are heading for culture war not a race war. There will be significant overlap but I think it's culture/values that will define "sides", not Kipling's "stock".

 

[Loki]

48 minutes ago, Lightscribe said:

 

https://www.bitchute.com/video/SZ28SJz3m9Dc/

Listen to them at the end of the video. It was always about how your life would be impacted and how things would have to change for you, it was never for them.

 

It's possible they could be right but only because of the system they have enforced on us.  A shitty system will always end in collapse

[DurhamBorn]

Im off out tonight to a 21st birthday party.

I think you can all guess what im giving her for a present.

Its very shiny,lots of it in Mexico, @nirvana hates trading it 

[Jay]

3 hours ago, Axeman123 said:

IMO it is all about the fed pivot.

Yes..pricing no pivot..plus Qt of 60 billion a month from the kitco video (I paid attention when di Mateo speaks) and that Jerome doesn’t want to be an Arthur.. she said October would show the fed balance sheet shrinking…

[Democorruptcy]

6 hours ago, M S E Refugee said:

Can anyone shed any light on why Jupiter is performing so badly?

It's now yielding 15%.

I'm surprised you dare call it by it's real name, I thought maybe the 5th or big planet?

[M S E Refugee]

Russian gas transit to EU via Nord Stream to be halted  – Gazprom https://www.rt.com/business/561178-nord-stream-pipeline-shutdown/

Gazprom are closing it for a few days for repairs.

Very safety conscious those Russians.

[marceau]

9 minutes ago, DurhamBorn said:

Im off out tonight to a 21st birthday party.

I think you can all guess what im giving her for a present.

Its very shiny,lots of it in Mexico, @nirvana hates trading it 

 

[Sue Lowe]

10 minutes ago, M S E Refugee said:

 

Love Dom but have been a little concerned why he was at a garden party with a very establishment crowd the other week . Hopefully just gathering material for his next song.

[Axeman123]

Just now, Jay said:

Yes..pricing no pivot..plus Qt of 60 billion a month from the kitco video (I paid attention when di Mateo speaks) and that Jerome doesn’t want to be an Arthur.. she said October would show the fed balance sheet shrinking…

Pricing the rhetoric. 

I still say we get a pause in September from the fed. If the fed try to raise with CPI MoM of -0.5% in an election year Biden will raise hell and unleash the nutters on him.

I see the rhetoric as trying to keep the US indexes from front-running. Pausing at a new ATH would be especially galling. I could well be wrong of course.

[Lightscribe]

19 minutes ago, Loki said:

 

It's possible they could be right but only because of the system they have enforced on us.  A shitty system will always end in collapse

It will, but is it more beneficial (to retain the ability of control and resulting solution) to have organised collapse rather disorganised chaos? At least for the ones that matter in their own eyes anyway.

https://en.m.wikipedia.org/wiki/The_Limits_to_Growth

[Jay]

1 hour ago, JMD said:

Are you saying if the UK union were to break up it would be negative for England? If that is what your saying i would disagree and think the public spending figures per person (below) speak for themselves. I believe it would be a net gain for England if the region's went independent, reducing the UK population by 10 million (5m Scotland, 3m Wales, 2m NI) would alone help reduce social support costs, infrastructure costs, etc. Plus if factor in the taxes raised per person from the region's, the tax-spend ratio becomes even more stark. Not to mention that lots of central government jobs (eg DVLC) would relocate back to England.        Btw, I genuinely wanted Scotland to stay  back at the time of their first indie vote, but now I couldn't much care what they decide next time they wangle another 'once in a generation vote'!                  

https://commonslibrary.parliament.uk/research-briefings/sn04033/

Per capital spending you are correct but the increase in population of England mainly due to migration..dingy boys increase it but the majority coming are legal but poorly skilled so most likely not claiming..England has big non white populations in the cities which will attract immigrants..overall total spending will increase..per capital may continue to fall

you maybe correct as at even now Britain is still 75/80% homogeneous white.. 50 million and increasing will be difficult to manage if there are no spending cuts..especially as the oldies are still hanging in,,.. 5 or 3 million is lot easier to manage..solutions become greater..

It’s just speculation on my part to identify what social collapse means…as I said having alien settling next door is ok but the whole street is a different ball game..be lucky..

[Loki]

9 minutes ago, Lightscribe said:

It will, but is it more beneficial (to retain the ability of control and resulting solution) to have organised collapse rather disorganised chaos? At least for the ones that matter in their own eyes anyway.

https://en.m.wikipedia.org/wiki/The_Limits_to_Growth

I don't see what they've done to make it manageable.  A high-trust, homogeneous, healthy society based on truth would make it more manageable in my view anyway

[Lightscribe]

11 minutes ago, Loki said:

I don't see what they've done to make it manageable.  A high-trust, homogeneous, healthy society based on truth would make it more manageable in my view anyway

Basically to make it more manageable they just want less of us in it.

https://www.bitchute.com/video/xqMGDM7Khncc/

[Loki]

4 minutes ago, Lightscribe said:

Basically to make it more manageable they just want less of us in it.

https://www.bitchute.com/video/xqMGDM7Khncc/

Or they just want less of us so rammed the system into a wall at 100mph?

Unless their Big Brain thinking really did only come up with the genius plan of "Less is better"