Shares to watch

Lozzer

Member
Messages
2,285
It’s disgusting. Hedging against inflation is illegal in their eyes. luckily most of my money was in crypto before they tied it up
This particular thread hasn’t been active for a considerable period of time, admittedly I have never participated, but looked at it now and again. But it has brought back memories, which made me wonder what ever happened to the old bald British guy who resides in Australia. Always on about money, the magnificent view from his flat, conspiracies, and so on.
Not Money, Gold, the future was Gold.
 

Ewan

Member
Messages
6,811
Not Money, Gold, the future was Gold.
Though Gold’s not been so great over the last year and half - it’s still maybe 10% down on the summer of 2020. In fact it’s only at the level it was 10 years ago (though there has been a big slide and rise over that period).
Hope Wattie fully recovered from his operation. I imagine he’s on a Velar forum, waxing lyrical about his Rangie.
 

Wattie

Member
Messages
8,640
Gentlemen I’d be thinking about moving any invested Pension funds to cash.
The Fed is about to try to taper it’s Ponzi scheme.

It also believes that raising interest rates by 0.25-0.5% will assist in reducing a 7%plus inflation problem.

:lol2:
 
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Wattie

Member
Messages
8,640

Froddy

Member
Messages
1,072
Initially this.
Now others......Aig etc are reporting significant increases in mortality too.......amongst working adults.......not the elderly.
Rumour has it they’re beginning to try to reinsure parts of their books
Interesting read, Wattie - I suppose it makes perfect sense that they're taking a hit as the business model is based upon NOT having to pay out on these policies. Looking at UNM (one of the examples in the article), price does appear to be failing at the VPOC (volume point of control - the orange line) on the weekly chart (below), suggesting profit-taking or selling at break-even. In order to rise, price must turn overhead supply into demand. The long upper wicks of the last candle and the current candle, on good volume, suggest possible distribution by Big Money to the crowd (who are buying at the top as they always do!)

96925
 

Wattie

Member
Messages
8,640
Interesting read, Wattie - I suppose it makes perfect sense that they're taking a hit as the business model is based upon NOT having to pay out on these policies. Looking at UNM (one of the examples in the article), price does appear to be failing at the VPOC (volume point of control - the orange line) on the weekly chart (below), suggesting profit-taking or selling at break-even. In order to rise, price must turn overhead supply into demand. The long upper wicks of the last candle and the current candle, on good volume, suggest possible distribution by Big Money to the crowd (who are buying at the top as they always do!)

View attachment 96925
Keep an ear out on them, it’s a sector to watch.
 

stindig

Member
Messages
450
Why isn’t gold rocketing in these times of uncertainty? Massive money printing, inflation, war etc. And yet gold has gone up just 7% in the last 3 months