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Fawkandles

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Everything posted by Fawkandles

  1. Oh and I sold BPC just in time for a director to sell his shares
  2. I'm uneasy about gold given my bullishness on economic recovery. I have contradicted myself by buying shares in a gold miner that will hopefully be producing in 2-3 years time... The thing is, they also have just as much uranium to dig up, and the gold prospects SHOULD have copper in them too - and I like copper.
  3. I dont like the word gamble in this respect. If a casino had such odds they would be out of business.
  4. You don't HAVE to pay any motoring costs. I don't. Its that attitude that gets the exchequer so much money. Oh and to answer the question without getting a calculator out, I'd guess around 55k p/a joint gross. It all depends how much people spend on junk they don't need.
  5. Personally i rate cameron better as a result of this. Whining about bankers is an easy thing to do, and usually signals economic illiteracy imho. If a politician does something the masses (generally a bunch of idiots) dont like then its a sign of a conviction politician - something weve been lacking for years. Keep up the ranting though, its halarious
  6. [qaeote name=porca misèria' timestamp='1295099190' post='2856321] Anyone making good profits since the beginning of 2011 yet? /me up £3.5k on one share alone. And it's no AIM tiddler, it's in the FTSE 100 Not til you've sold it you arent I havent done the calcs but up 10% ish since end of december. Herencia and trading BPC, and despite ALO dropping 15%. Not all paper eitther as ive sold up into caash on 2 holdings, biding my time for a bargain, in current watched stocks or elsewhere.
  7. Typo? You mean sell in 3 years? Or youre shorting? CAZA is popping above resistance on anticipation of the new drill. Its one of three "company making" prospects. Have a watch of the directors recent interview. (Cant link as i'm on the mobile phone. Its on the iii forum yesterday) Whats the other 2/3rds stashed in? Cash?
  8. Hi I sold my BPC at the bell on Friday. Close to the top of the current range, so I reckon I can buy back cheaper at some point in the coming weeks. I have even more CAZA shares now more likely than not to come up good imho. Good floor at 42p even if Arran goes t*ts up hopefully.
  9. Wishful thinking. On houses the BBC have just been echoeing what the majority think. We are not the majority, even if we are right.
  10. Looks like CAZA is about to pop, so I'm moving it to an ISA where it should have been in the first place. Sold BPC on yesterdays 15% rise. All time high for my holdings Once you become comfortable with losses, and understanding WHY its in the red, its not a worry. I'ce been red on CAZA for months, but confident it wouldn't last forever (so much so I tripled my holding). Same now with ALO.
  11. I think sometimes we are the deluded ones. For many potential FTBers, credit is the only thing they want. They don't see prices as too high. I can think of two that I know just like this.
  12. Hi I bought BP at 309p after the GOM fishfood leak, and that was almost rock bottom at the time. I'm not up to speed with events this time, but that was a solid floor for a big drop, so solid support I imagine - unless whatever going on now is worse.
  13. Maintained.... http://www.bankofengland.co.uk/publications/news/2011/001.htm
  14. In terms of their remit, both are irrelevant. All they SHOULD care about is prices - nothing else.
  15. The interesting bit of the minutes is how they worry a lot about inflation expectations. Currently only 1 of the 10 members wants an increase. Once 1 more changes his/her mind, it'lll generate more press about inflation expectations, and the rest will change their minds as a result of a self-fulfilling prophesy. Thats my hope anyway, but not convinced it'll happen anytime soon. 5 minutes to go....
  16. Just read the minutes of the last meeting. Changed my mind to hold. These people really don't care about inflation, despite their mission statement.
  17. Manchester's population has also FALLEN since the 70s. Against the national trend. Its a very bloated council when comparing populations and staff in other councils. Plenty of fat for trimming, staff as well as other stuff. I work in manchester and don't feel "screwed over". There are plenty of scrounging neighbourhoods that I would like to see screwed over though.
  18. The 17% figure is political scaremongering. The cuts are 17% of budget, so cutting 17% of staff would be a choice of theirs. Other non-staff stuff could be cut. Labour through money at councils like this for years. Maybe they should try getting their inhabitants to work and pay tax rather than expecting money to flow in from the blue councils? Cut back to spending what you did before the borrow/spend binge?
  19. He originally ignored me and just expected rent ... but a letter from my council's environmental health department changed his tune
  20. If they don't rise then they arent doing their job ... again
  21. Yes we're on the same page. Sorry to sound insulting if thats how it came across. I will shall pass on the info about Schapps to conservative friends of mine that are less critical than myself
  22. The letter comes across as ranty, and imo is aimed at the wrong people. Telling labour that its all the banks fault in the hope that they will adopt this line is politically unlikely as we all know that banks will always do what the government of the day lets them get away with. An insult on the banks is an insult on labour. On the other hand your letter has informed me. I didnt know about schapps' interests. Dirty politics in its truest form. I have written before about my first impressions of this guy when i met him. Thought he was a bit of a snake in the grass that would try to please everybody. This info suggests not everybody! However i stick to original conclusion that no housing minister, whatever his political hue or interests, cannot delay the innevitable forever - and its already been delayed for a while! The invisible hand ALWAYS wins. Its just a question of when and at what cost in the meantime.
  23. Now I'm thinking about it, we should have a separate thread about Capital Gains Tax. It will be an issue and I would rather avoid it (the legal one!) Just don't tell the main forum. They want it raised!
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