Glencore (GLEN) may have raised £1.6bn at 125p thus inducing the market to judge that 125p is a floor. I doubt it. Ocado (OCDO), 317p, shows no sign of getting anywhere near justifying its current capitalisation. For a long time the price was held up by the notion that Amazon would bid. But it was…
Correction: The item covering the Srebrenica memorial stone which I offered yesterday was incorrect in two respects. The first was the date which should have been 11th July 2015 and the second, rather more important, was that it was not several hundred Muslims who were slaughtered but 8,500 men and boys. ***** It is worth…
It’s been a long wait but it looks as if gold has finally bottomed and is now on a run. It is always impossible to be confident as to where gold goes but, surely, we are looking at currency chaos right now with no sign of a let up. These are perfect conditions for gold…
