Demand for gold bullion remains high. Each day there’s a new piece of information that continues to attest to this phenomenon. With this, I remain bullish on the yellow shiny metal. But one thing should be noted: I am not saying the bottom has been placed in, but that all the indicators are suggesting a…
Call me old fashioned, but I really do not take kindly to Nanny State practices which are enveloping seemingly ever more parts of our lives. They of course include not being able to smoke, drink, eat fatty / sugary foods, drive above the speed limit, drop litter or practically anything else which one could do…
Risers: Kenmare Resources +3.48% Kenmare Resources PLC, a titanium minerals producer, has today reported a 22% increase in ore mined to 23,951,200 tons throughout 2013. Minco +9.52% Zinc exploration and development company, Minco PLC, has today revealed it is to begin its winter exploration drilling programme in Canada. The drilling programme which is set to…
A continuation of our serialisation of EK’s diaries… APRIL 14 A PR friend of Stephen Dattels, who promoted/floated West African Minerals (WAFM), says that Dattels is not a fool and that WAFM are cheap. But a contact of mine stresses that this is a pretty fanciful view. Whom do I believe? Well, to give you a…
THE MSCI equity gauge looks set to fall for the first time in 3 days after disappointing Chinese manufacturing data showing unexpected contraction. Chinese manufacturing has in-fact dropped to a 6-month low, which represents a pretty poor start to 2014, adding weight to the theory that Chinese growth will continue to slow throughout the year.…
A continuation of our serialisation of EK’s diaries… MARCH 13 The socialist, Lord Turner, of the FSA thinks there is too much gambling going on in dealing rooms. Just what does he think young men think or should think as prices gyrate? I won’t list here what goes through his mind in the course of an average…
Out of the first seven trading days of 2014, the S&P 500 declined on five of those days, marking the worst start to the year for the stock market since 2005. This phenomenon has raised many questions. Looking at this, investors are asking how the returns on the S&P 500 will look this year. Why?…
What can be said about one of the biggest conundrums in the financial markets at the moment – will mining stocks stage a lasting recovery – is that those looking to solve the riddle have certainly been kept on their toes in recent months… On the fundamental side it would seem that with tapering…
A continuation of our serialisation of EK’s diaries… FEBRUARY 13 Just how does HMG do it? I mean we are now warned by HMG’s Food Standards Agency not to eat Findus Lasagne since it contains horse. The truth is that there is nutritionally nothing wrong with this lasagne whatsoever. Besides, it is delicious — particularly if…
