Gold bullion gets a lot of attention in the financial media and economists talk about it regularly. Sadly, another precious metal, silver, isn’t usually a topic of discussion. This metal moves in line with gold bullion, and for investors, it can serve as an alternative to owning the shiny yellow metal. When gold bullion prices…
RNS just out on the stock du jour – GKP – Gulf Keystone Petroleum Ltd. (AIM: GKP) (“Gulf Keystone” or “the Company”) Litigation Update A summary of the English Commercial Court in London’s (“Court”) decision has been given in court today following the trial in the Court of the claims asserted by Excalibur Ventures LLC…
Risers Easyjet, +3.87% Shares in Easyjet have surged after announcing plans to offer limited all-inclusive passenger tickets for the first time in its 18-year history. Some corporate passengers will be entitled to choose their seats, place their bags in the hold, and pay by credit card. The airline claims its new all-inclusive fare will be…
We have written recently on the increasing likelihood of a rise in UK interest rates coming sooner rather than later despite the “guidance” offered by the UKs top Central Banker, Canadian Mark Varney. Our proposition is based on the premise that the UK economy will recover more strongly through late 2013 and 2014 than the…
In its longest winning streak since December last year, the MSCI Pacific Index rose for a ninth day as Chinese factory output and retail sales grew more strongly than expected in August. China’s industrial production rose 10.4 percent in August from a year earlier and retail sales gained 13.4 percent, adding to signs the world’s second-largest economy…
The chart below is very interesting to us as it shows that hedge funds en bloc are essentially index trackers. If this is so then why on earth would anyone pay 2 and 20 when they can replicate the index for a fraction of this..?! For those investors looking for real non indexed action and…
Over the weekend I turned 47. This is not a great milestone, granted, but the events of the past year or so have been enough to get this humble Glasgow born lad as close as one gets to being philosophical… Indeed, a very direct but also very polite direct message on Twitter to me from…
John Paulson is no doubt scratching his head right now and philosophizing on just how wicked the markets can be after giving up part of his monumental gold trade just moments before the metal started to rally sharply in mid July. Paulson, supposedly the trigger puller of “best trade ever” (see the latest edition of…
Risers: CSR, up 5% CSR upgraded to buy from hold at Liberum Capital who also upgrade their price target to 550p from 540p after a recent pullback in the share price. They state CSR is now trading at a discount to its peer group and expects CSR to meet consensus expectations for 2H ’13. African…
Towards the end of the week, I caught a Tweet which said that the latest French bond auction was the most expensive since President Hollande came to power. On its own, this little titbit of information seemed innocuous enough, but it struck a chord with me. It’s been a while since I did a cycle…
