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Credit deflation and the reflation cycle to come.

DurhamBorn

By DurhamBorn
in Property Prices & Economy

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Majorpain

Majorpain

Posted
Posted
23 minutes ago, sancho panza said:

image.png.f33784d39380b7bd3210c3880dd916ad.png

Thought that Mexico's new socialist leader had just put out a massive tax increase or something along those lines, yet there is absolutely nothing I can find!  Very strange, other PM's are acting normal today.

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Barnsey

Barnsey

Posted
Posted
1 minute ago, Majorpain said:

Thought that Mexico's new socialist leader had just put out a massive tax increase or something along those lines, yet there is absolutely nothing I can find!  Very strange, other PM's are acting normal today.

Morgan Stanley downgrade

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sancho panza

sancho panza

Posted
Posted
12 minutes ago, Barnsey said:

Morgan Stanley downgrade

Contrary indicator shurely?

14 minutes ago, Majorpain said:

Thought that Mexico's new socialist leader had just put out a massive tax increase or something along those lines, yet there is absolutely nothing I can find!  Very strange, other PM's are acting normal today.

Must admit,I'm mgetting anxious about what the new Mexcian leader will do.Lot opf silver production in Mexico.Could cause the price to rise lol

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Harley

Harley

Posted
Posted
16 hours ago, MrXxx said:

Sorry Harley I forgot to put the :-)...it was meant to be flippant, especially as by my own admission I am pretty clueless about crypto...so, let's get back to discussing gold...oh no, we have another thread about that in `investing` (sarcasm!) :-)..as you were gentlemen! :-)

My apologies!

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Harley

Harley

Posted
Posted
6 minutes ago, sancho panza said:

Must admit,I'm mgetting anxious about what the new Mexcian leader will do.Lot opf silver production in Mexico.Could cause the price to rise lol

Morgan and I are fully allocated to physical silver so fine by us.  Go El Presidente!

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Harley

Harley

Posted
Posted
4 minutes ago, Harley said:

If there is only trading one video to watch, this is it.  I wish I had seen this before I had to work all this out (and fully internalise it) myself......

 

 

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sancho panza

sancho panza

Posted
Posted
1 hour ago, Harley said:

Morgan and I are fully allocated to physical silver so fine by us.  Go El Presidente!

:ph34r: and people probably think you're joking on their behalf harley......

33 minutes ago, DoINeedOne said:

Thinking about selling my Sibayne currently up 20%  and placing that into Centrica

Any Thoughts

That's like hopping off the thoroughbred racehorse and climbing on the back of the shire pulling the milk cart.

With Centrica,you can not look at the stock market for 10 years if you're so inlcined.Sib -and all the PM miners imho-need constant watching.

 

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M.C. UK

M.C. UK

Posted
Posted
37 minutes ago, sancho panza said:

 

That's like hopping off the thoroughbred racehorse and climbing on the back of the shire pulling the milk cart.

xD

37 minutes ago, sancho panza said:

With Centrica,you can not look at the stock market for 10 years if you're so inlcined.Sib -and all the PM miners imho-need constant watching.

 

Sage words in my opinion :)

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Harley

Harley

Posted
Posted

"Let’s have a quick glance at what’s going on in the oil market.  Apparently, Saudi Arabia has been pumping nearly 11 million barrels a day this month, because customers were concerned about disruption to Iranian supplies, reports Bloomberg. That’s a record level.  Now, the thing is that oil didn’t end up being required, because the US granted waivers to a number of importers of Iranian oil. So that was a large chunk of surplus oil to hit the market.  Bloomberg’s Javier Blas also points out that there is now a staggering amount of oil getting ready to flood out of the US shale fields. This summer, US oil production saw its biggest surge in nearly a century – in August, the US pumped out nearly 16 million barrels of oil a day. That’s more than Russia or Saudi Arabia".

https://moneyweek.com/498321/watch-the-oil-price-closely-it-could-herald-a-market-rebound/?utm_campaign=money-morning-newsletter&utm_medium=email&utm_source=newsletter

 

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Majorpain

Majorpain

Posted
Posted
5 hours ago, sancho panza said:

Must admit,I'm mgetting anxious about what the new Mexcian leader will do.Lot opf silver production in Mexico.Could cause the price to rise lol

https://www.reuters.com/article/mexico-miners/mexican-miners-sink-on-bill-planning-public-consultations-idUSL2N1XV1SY

I was right, government bill is in the works.  Not sure why FRES cratered as its a simple process for new mines but the market must be in an unforgiving mood.

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Democorruptcy

Democorruptcy

Posted
Posted
7 hours ago, Barnsey said:

Think i'll be picking up some more tomorrow, fundamentals still looking strong, these smaller "challenger" suppliers are continuing to go bust, lost count of how many so far.

Also worth thinking about are the new much stricter Ofgem regulations for new suppliers to be granted a licence coming into force next spring. I think Centrica can afford to take a step back for now as more small suppliers go under, especially as there are currently more than 3 million customers in the UK in energy debt (growing rapidly by the day) which the smaller companies simply can't handle.

12p Centrica dividend commitment maintained in today's results.

I took the profits on mine recently and was very tempted to buy back in today. I've gone as far as placing a limit order (gazumping Festival).

 

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Funn3r

Funn3r

Posted
Posted
6 hours ago, Harley said:

 

I have never directly bought or sold anything on the stock market ever.

Watched all of that, and understood it up until he lost me about 2 minutes before the end. 

Sounds simple. When it goes down as far as its moving average you buy it. Isn't that the so-called BTFD which I heard of? 

Also when it drops in price down to your pre-calculated level it hits your Stop Loss and you sell it. So the increase in price is always greater than the decrease in price (from your point of view.) 

Hard to believe things are genuinely that simple. If it were true then everyone would always make money. 

Sounds to me like a simple strategy which works 97% of the time but goes wrong for unforeseeable reasons the other 3% and you get rinsed. For example what if it suddenly plunges drastically your stop loss doesn't work because everyone else is stop lossing at the same time. 

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M.C. UK

M.C. UK

Posted
Posted
9 hours ago, Harley said:

If there is only trading one video to watch, this is it.  I wish I had seen this before I had to work all this out (and fully internalise it) myself......

I've realy enjoyed the video @Harley xD

"... and that is why we as a pofessional traders win... 'we rig the market' [in our favor]..."

huummmm I;ve thought (and still have the perception) that the ones that realy "rigged the market"  and always make the money are the brokers... for instance H.L. charging an "obscene"  £12 per trade  plus 0.45% took from each  ISA  etc...

[this is disregading proper market manipulation, real inside traders, etc - yes indeed in this case one does make a lot of dosh ... and the brokers still making theirs no matter what xD]

Perhaps we should open another thread about what "gambling strategy" ..AHHAMMM (sorry) ... "Speculative Investiment Strategy" we use and how it worked out over the years? (I think I saw a loooot of them over the years but couldnt find one yet that can take me away from the "lovely" 9 to 5 :))

One more thing - slighlit related -  is anyone using freetrade.io yet? Any opinions?o.O

 

Cheers,

 

M.C.

(p.s. grumpness gone  xD)

 

 

 

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MvR

MvR

Posted
Posted
6 minutes ago, M.C. UK said:

huummmm I;ve thought (and still have the perception) that the ones that realy "rigged the market"  and always make the money are the brokers... for instance H.L. charging an "obscene"  £12 per trade  plus 0.45% took from each  ISA  etc...

One clever strategy I heard of regarding the brokers is to watch which accounts mostly make money and which ones mostly lose money.  Then they take the other side of the losing customer's trades without entering them into the market at all, meaning they pocket not just the trading fees, but the customer's losses too.

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dgul

dgul

Posted
Posted
22 minutes ago, M.C. UK said:

I've realy enjoyed the video @Harley xD

"... and that is why we as a pofessional traders win... 'we rig the market' [in our favor]..."

huummmm I;ve thought (and still have the perception) that the ones that realy "rigged the market"  and always make the money are the brokers... for instance H.L. charging an "obscene"  £12 per trade  plus 0.45% took from each  ISA  etc...

[this is disregading proper market manipulation, real inside traders, etc - yes indeed in this case one does make a lot of dosh ... and the brokers still making theirs no matter what xD]

Perhaps we should open another thread about what "gambling strategy" ..AHHAMMM (sorry) ... "Speculative Investiment Strategy" we use and how it worked out over the years? (I think I saw a loooot of them over the years but couldnt find one yet that can take me away from the "lovely" 9 to 5 :))

One more thing - slighlit related -  is anyone using freetrade.io yet? Any opinions?o.O

 

Cheers,

 

M.C.

(p.s. grumpness gone  xD)

 

 

 

Indeed.

IMO the main problem with the guy's presentation was that it seems to assume that he's the clever one amongst a sea of mug punters, whereas in reality all the mug punters combined make up only a tiny %age of trades, with most being made by professionals.  I'd also suggest that a decent %age of the mug punters are using TA, and the pros take advantage of this, either by front-running trades (because they're faster) or just manipulating the market to take out stop-losses etc (because they really know the order book).  I find the potential for the  simple TA beating the pros being hard to swallow.

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A_P

A_P

Posted
Posted
43 minutes ago, M.C. UK said:

One more thing - slighlit related -  is anyone using freetrade.io yet? Any opinions?o.O

 

Cheers,

 

M.C.

(p.s. grumpness gone  xD)

I've received an invite but for some reason they have only developed an apple app so far. Android not coming for a few months I believe

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