Anglo Asian Mining Share Discussion Threads

[wanobi] 13/6/2022 14:06

thanx KS, thought you'd see it that way with STCM numbers :-) :-),,, and yes, such a shame they've been clouded by the divi tax issue,,, grrrr!!!! Cheers Wan :-)

[wanobi] 13/6/2022 14:04

wowzer, if you cannot convert back to £ & $ and make withdrawals that's a scary place to be,,, hmmm, Cheers Wan!

[riggerbeautz] 13/6/2022 13:47

Binance temporarily pause bitcoin withdrawals, will not support the withdrawal/ deposit of litecoin using MWEB blah, blah. Maybe it’s just me getting these alarm bells, but the coin world seems to be getting somewhat difficult right now. Think I’m going back to simple things in the real world a few hours, finish installing some doors this afternoon.

[lefrene] 13/6/2022 13:30

The BoE will have to follow suit, as the £ slipping against the $ makes our imports so much more expensive. Over the next few weeks we will find out if prices keep rising despite a stronger dollar or not. But to purge all those trillions created after the Repo Market event, you might need 25% rates, and of course a collapse across most of industry. Only those debt free and profitable making something really wanted, would likely survive. I wonder what sort of business that might be?

[king suarez] 13/6/2022 13:28

Wan - STCM numbers I like very much, as posted on the thread. Very solid company in a v robust financial position. Shame about the div tax issue, which if sorted might warrant a bigger investment.

Bitcoin - looks like whoever controls the price wants to drag it down to re-test previous highs at c$20k?

[laurence llewelyn binliner] 13/6/2022 13:21

The DXY is on a rip, traders pricing in a rate hike, Bloomberg reporting expectations of +0.75% this month, that will raise a few eyebrows at the BOE on Wednesday ahead of our MPC move Thursday..

POG moving down in parallel as expected so far..

[katsy] 13/6/2022 13:19

All crypto currencies intrinsic value is zero.

[sideshowbull] 13/6/2022 13:10

This is the reason for BTC drop. Another exchange probably loaning out coins it didn't have.

BWTFDIK

[riggerbeautz] 13/6/2022 13:04

Just having a quick look in, was BTC a ponzi scheme after all? Seem to remember a lot saying it was going into the stratosphere and there was a place alongside the barbarous relic’s for it. Wonder if they feel the same now? Things that make you go hmmmm

[wanobi] 13/6/2022 10:52

I did make some money on this one, but glad to be out,, Cheers Wan :-)


free stock charts from uk.advfn.com

[wanobi] 13/6/2022 10:49

free stock charts from uk.advfn.com



free stock charts from uk.advfn.com


Cheers
Wan

[wanobi] 13/6/2022 10:46

right now I'm just pleased I resisted the FOMO whizzing around in my head these past few years and did NOT let myself open a crypto account and get into all that!!! wowzer,,, mind you, now might be the time to buy some Wan!!!! :-) LOL :-),,, oh what a game Bumpa :-) Cheers Wan :-)

[2sporrans] 13/6/2022 09:09

Zangdook

You seem to delight in ferreting out picky points.


"Geographically it's not Chinese at all. Look at the map, it's more connected to the Philippines."
What map are you looking at?
Taiwan is fully 3 times distant from Luzon v the Chinese mainland; the "Luzon strait" is 3 times broader the "Taiwan Strait".
Surely you aren't making an issue of those tiny islands North of Luzon?


"Native Taiwanese are south pacific islanders. There has been a lot of
Chinese immigration, but you may as well say Australia is ethnically British."

2016 Census: 96% populace Han Chinese.
As for Australia, it is debateable if even half the population are of British [non Irish] origin but that's irrelevant afaic.

So, game over on the Geography and demographics.


As for the History:

My reference to 1949 was made because that was the year in which the Chinese Kuomingtang gov't abandoned mainland China and decamped in Taiwan.
So, from 1949, Taiwan became politically independent from mainland China.

"From 1895 to 1945 it was Japanese. Before that it was at different times Chinese, Dutch and independent."

So what.
That's just a twisted way of saying that Taiwan was subject to Japanese and previously
European imperialism.
The Spanish got in there before the Dutch.
The Dutch were pushed out by the Chinese and from 1683-1895 Taiwan was under Qing dynasty administration during which Han immigration gradually established Chinese ethnic presence; Japanese imperial expansion prevailed in 1895.

You can make similar observations wrt mainland China.
Ever heard of the Boxer Rebellion?
So, Manchuria [NE China] was a puppet state of Japan from 1932-45.

The Japanese occupied Korea; it came under their direct rule in 1910 and remained
thus subjected until 1945.
Do you wish to argue that Koreans [either S or N], in any way, consider themselves to be Japanese??

[michaelfenton] 13/6/2022 09:08

lefrene -the ratification is actually in the hands of Parliament and will hopefully be dealt with before the AGM.

[katsy] 13/6/2022 08:58

In previous boom bust cycles the cabal would punish the citizens by taking money out of the system so they could snap up good businesses for pennies in the pound. Then they would flood the system with money to create another boom cycle. Only this time they're raising interest rates when we're in a bust cycle. I know people call me a conspiracy theorist but everything I've said the past two years is consistent with every government action in achieving a great reset. We all know you can't carry on with mounting debt piles without something going pop. Every currency is racing to the bottom, yen at 24 year lows.

[lefrene] 13/6/2022 08:54

Plainly the ratification document is in a dusty cobweb festooned cupboard in a cellar where the key has been lost. It begins to make the President look as if his word is of no account to the parliamentarians.

With regard to the wider world it does feel as if we are on the cusp of major events likely to bring about significant changes. As always the Banks will be the culprits and as always they will be the kings of the wreckage when the dust settles.

[laurence llewelyn binliner] 13/6/2022 08:49

#baddeal, very true, but it does apply to the vast majority of UK homeowners, maybe 99%..?, the more perceptive will have been positioning for a long time for higher rates which are now inbound, refinancing deals are tightening up already with LtoV, arrangement fees are going up, and anyone who is rolling out of a discounted mortgage into another deal or the variable rate now will be getting a rude awakening from what they have got used to..

GPD negative 0.1% March
GPD negative 0.3% April
GPD negative 0.?? May tbc, but that is the 1st quarter into recession

YTD POG 1887
Q2 POG 1888

[odsjp] 13/6/2022 08:44

Thanks Avsome1968 for letting me know.

I have updated the spreadsheet and you will be pleased to know that you are now sixth with a total balance of £31,086. Each of your three shares for this week (BLOE, BHL and BIDS) start with £10,362 each.

I see what went wrong. I substituted EEE with ECR last week but forgot to update the opening balance of ECR as 1.05 and it was left with the closing balance of EEE at 1.30. Hence you actually had an 11.9% gain with ECR going from 1.05 to 1.175.

Well done with that and BLOE for last week!

[bumpa33] 13/6/2022 08:39

A dilemma, have your worth in cash and lose 5/10% a year, or have it in stocks and lose 5/10% a month.

[saint in exile] 13/6/2022 08:24

Indeed they can't bring it down with interest rates so recession is the only way

[wanobi] 13/6/2022 08:13

"gripping the side-rails and holding on through the summer"
fund managers statement of the day,,, from the telebox :-) LOL :-)

oh, another gem :-)

"room to fall further, we've gone in a couple of weeks from a market that was starting to believe the central banks could deliver a soft landing to a market which recognises at best they can sort of land this thing on the proverbial Hudson"

oh what a game this is chaps :-)

that said, he is adding to his gold holdings as portfolio protection,,,, thinks current price of gold is attractive!!!

recession is coming and will be the method by which inflation will be brought down!!!!

GLA
Cheers
Wan :-)

[wanobi] 13/6/2022 08:07

many thanx for the comp update odsjp, much appreciated, cheers Wan :-)