The Evil Diaries: Baillie Gifford Shin, Bowleven and Phosphorus

As it happens I sold my family’s Baillie Gifford Shin (BGS), a Japanese equities investment trust, about four weeks ago. I have heard it claimed that the trend of dividends in Japan is so strong that Japanese equities will not go down. But in what currency will they be paid? The following clip (40 minutes, I should add) will cause the average sensible person to wonder just what is going on:

https://realvisiontv.com/landing/crazy

*****

Meanwhile, and at the risk of repeating yet again the bleeding obvious, one really must be very long of USD-denominated gold futures. And one must ignore those claiming that gold juniors should be sold.

Incidentally, this slot has always claimed that Gordon Brown was a feckless obsessive. At the time I thought he was incapable of replication. But I have been proved wrong.

*****

Pehaps it is time to buy Bowleven (BLVN) given the buy in programme in force. Now 27p and surely worth a lot more.

*****

Understandably, Phosphorus was in on all the internal emails of Phones4U. Therefore Phosphorus’s directors knew or ought to have known how business prospects were going. That is the basis of Phosphorus’s claim to have the allegedly premature payment up to BC Partners of £200m. It might succeed.