Chariot Share Discussion Threads

[essentialinvestor] 07/4/2020 15:48

While I can see a second wave of selling, a collapse?.

The FED is super aggressive, note the comment from Yellen yesterday.

[invisage] 06/4/2020 21:24

Thanks Chestnuts What do you think Ando?

[chestnuts] 06/4/2020 20:50

Invisage

I have the dow going to 25200 ish before it will collapse this will be the end of the B wave

[invisage] 06/4/2020 19:09

Ando / Chestnuts Any updates on the DOW pls? I think after today's rise we could rally another 10% and then drop 30-40% from there.Maybe we see 2800 S&Pand then we drop?What do you think?Thanks

[invisage] 02/4/2020 23:10

chestnuts

I have some physical gold - when the time is right I want to sell it. Do you have any ideas where best place is to sell this at a decent price?

[chestnuts] 02/4/2020 23:05

Invisage in GBP gold is £1301 at the moment, gold is an alarm bell going off and nobody is listening. the top in 2011 was £1282 so gold is alot higher now and we havent got any banks showing they are in trouble.

[invisage] 02/4/2020 23:03

There will be a day of reckoning chestnuts to deal with it, the music seems to be going for now though..

[chestnuts] 02/4/2020 23:01

Invisage

The debt just gets bigger and bigger and the growth gets less and this is with all the money the governments keep throwing at it and this is with very low interest rates so tell me how will throwing more money help things.

[invisage] 02/4/2020 22:31

Fed just keeps doing QE unlimited....Not clear how markets are about to collapse to be honest...

Ando saying we going back to 30k DOW

[essentialinvestor] 02/4/2020 22:26

chestnuts, luck with your outlook, however think you may be hugely wide of the mark.

Keep an eye on a stock like RWA, perhaps the earliest cycle recovery play.

Already around 50% off its recent low, although that may be retested at some point.

[invisage] 02/4/2020 22:17

Chestnuts

Did you speak to Ando? What did he say when you shared your thoughts on gold and DOW?

[chestnuts] 02/4/2020 22:13

Essential

I expect house prices to drop 80% the banks cant take this the young kids with £200k mortgages will go bust, throwing money at debt does not solve the problem commonsense does, if you look at Iceland who let the banks go bust have growth we dont and never will until the debt as been lanced , the biggest mistake ever made was bailing out the banks in 2008 Gordon Brown not only caused the problem he put petrol on it when he bailed out the banks.

[essentialinvestor] 02/4/2020 21:52

They could say yes, in exchange for a hefty equity stake that could later be sold.
HMG could also bar buy backs until all money is repaid.

[chestnuts] 02/4/2020 21:50

Invisage

Why would the government bail out any airlines as one will go bankrupt another one will take its place.

WE will have to see who is correct

If you were the government and ezj came for a bail out after just giving the shareholders a divi, you would tell them to where to go.

[invisage] 02/4/2020 21:41

For political reasons the govt told banks not to pay a dividend, I tell you what's nuts Chestnuts, EZJ paid a huge dividend a few days ago and are likely to get bailed out by the government in my opinion.


Banks are a lot stronger than 2008 - they rebuilt their balance sheet and hold loads more capital to overcome losses, they can absorb losses. I think banks will be OK.

[chestnuts] 02/4/2020 21:36

I think they are going for a reset as if the housing market collapses which it will the banks will collapse, why do you think the government told the banks not to pay a divided the government knows whats coming.

[invisage] 02/4/2020 21:18

Think the western world is looking to inflate the debt without telling thee public by keeping inflation numbers low...

[chestnuts] 02/4/2020 21:04

essential

Except the uk government as a 10yr gilt auction on the 8th and the interest is 4.75%
So if they keep the interest rates at .1% we are well and truly f++ced

[essentialinvestor] 02/4/2020 20:42

A 4th choice, Japan. They are further down this road.

You can make a case there may be excess liquidity floating around within a couple of years.

[chestnuts] 02/4/2020 20:00

The western world as 3 choices

Default on debt gold will fly

Inflate the debt away gold will fly

Have a reset because governments have failed they will have to link the currencies to gold to gain confidence in the new currencies as at the moment confidence is dropping.

[invisage] 02/4/2020 14:42

I do agree not everyone will get the money etc.But where does that leave your arguement for the case for being in gold and the big rise in inflation as a result?

[chestnuts] 02/4/2020 11:04

Invisage

Why at the moment would the markets go up, the uk government and other government have spent trillions to try and stay still ie fill a void, and i must say they have done it complicated , it would have been better to just give all workers self employed or employed £250 its enough to live on,
But the way they have scheme works alot of people wont get any money, and alot of companies wont impliment the scheme as they dont want to borrow money so its a bit of a balls up.
And i am one of these people.

[invisage] 01/4/2020 22:54

Ando

30k DOW? When? the next move? Chestnuts saying markets going to collapse..

Please expand your analysis..thanks