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Suleiman Kerimov And so, as Russian oligarch Suleiman Kerimov adds another bit of pocket change to his holding in ENRC yesterday (and reported today) – a mere £1m, here’s hoping for bulls of the stock that his investment here is better than his stakes in the US financial stocks going into the GFC and where…

As I mentioned earlier in the week, after some months of thumbing through Spreadbet Magazine as a ‘mere’ reader and then being forced to write quasi grammatically for the blogs (!), you start to get an idea of what the house line is as far as trading recommendations / ideas are concerned. I am reminded…

George Soros We suggested at the beginning of the year in our Feb edition of SBM (see here, page 76- http://issuu.com/spreadbetmagazine/docs/spreadbet_magazine_v13_generic) that it was an idea to short the “Aussie” v the pound in particular. We added to positions as the pair moved lower to the mid $1.40’s – a level not seen in over…

And again “Mr Market” offers us a new buying opportunity at 359p… We have been heavy buyers of KAZ this last 10 days. Our blog posts layout the story here. It is noticeable that many brokers have been amending their bear stance from sells to hold and even from sells to buys in recent weeks…

As I have recounted to readers previously, my association with Spreadbet Magazine began last summer when I contacted its editor, purely on the basis that it was actually a pretty good read! This is strange for a couple of reasons. The first is that the last thing I usually read is anything which appears to…

Paul Singer, Elliot Mgmnt Legendary hedge fund manager, Paul Singer, who founded Elliot Management Corporation and currently serves as its CEO, has also added his chorus to the growing list of contrarian investors disbelieving the FED’s capacity to drive the U.S. economy into a sustainable growth path and, importantly, is also challenging the current asset…

Oskar Lafontaine, the German Finance Minister that was instrumental in creation of the Euro, indeed being of the true founders of the currency, came out last weekend with remarks that were pretty sceptical about its future. Indeed, he somewhat ironically, sees Southern Europe assuming control of Europe at Germany’s expense – pretty different to the…

The chart below illustrates that almost three quarters of the wealth in the US is controlled by the top 5% with the masses (80%) controlling just 7% – it’s almost like an African banana republic. I wonder at what point some young turk rises up like Julius Malema in SA to galvanise the masses into…