Martin Amstrong Martin Armstrong, a well known economist (if not always for the best reasons!), lit the blue touch paper of private wealth security when he published a blog just before Xmas warning about a potential 10% expropriation of individuals savings throughout Europe via a proposed levy applied to everyone’s bank account as long as…
Risers: Centamin +3.55% Mineral exploration company, Centamin, has today released Q4 preliminary production results from its Sukari gold mine. The mine, based in Egypt, produced 97,546 ounces of gold which is a 7% increase on the corresponding year. MTI Wireless Edge +19.30% Antenna system developer and manufacturer, MTI Wireless Edge, has today won a $1.0m…
The post below from John Husman with accompanying chart caught our eye. Based on the fidelity of the recent advance to this price structure, we estimate the “finite-time singularity” of the present log-periodic bubble to occur (or to have occurred) somewhere between December 31, 2013 and January 13, 2014. That does not mean that prices must immediately crash…
We have been asked to comment on the Odey short position in Kazakhmys and the FT article yesterday in which the paper stated that they are in fact short almost 1/3 of the free float. Real short data is notoriously difficult to pin down as positions can be held across funds and also short stances…
Japanese stocks fell after they resumed trading from the New Year break, with the Nikkei 225 posting its biggest drop since October. Japanese exporters were hit the most after a stronger Yen weighed on the stocks. Bank of Japan Governor Haruhiko Kuroda said Japan’s central bank won’t necessarily end or scale back stimulus in two…
I am sure that we are not alone in wishing to kiss goodbye to 2013, certainly if you have been a bull of mining stocks this year you will likely echo our feelings. Whilst the wider equity markets have powered on to new record highs, the mining sector has been the (ever) shrinking violet at…
Crude Oil has had something of a nightmare start to the New Year in the wake of the failure to pierce above $100 a barrel last month. So far, this may just be a little seasonal wrong footing for traders, helped along by the run up to the latest U.S. inventory numbers and Libya’s supply…
Risers: Next +10.26% Clothing retailer, Next PLC, is currently leading the FTSE 100, up significantly by 10.26% after raising its FY pretax profit forecast due to a bumper Christmas period. Strong online deliveries were the reason for the boost in sales over the festive period and the company has announced a special 50p per share…
Following one of the worst financial crises the word has seen since 1929, the rebound that the US equity markets in particular have seen from the devils number itself – 666 in March 2009 has been pretty impressive. In fact, the current bull market looks to be on course to be one of the strongest…
2014 has gotten off to a less than inspiring start after global headline indices returned gains gathered over the last week or so. Along with European shares, U.S equities declined on January 2nd for the first time since 2008. The S&P 500 surged 30 percent in 2013, finishing the year at an all-time high for the first…
