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MAE Mallett

55.00
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mallett LSE:MAE London Ordinary Share GB0005583504 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 55.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 55.00 GBX

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Posted at 30/3/2023 14:48 by atlantic57
For roughly the last year punters have been speculating that the Fed will Pivot.

The dates for the Pivot keep being pushed back .

If inflation is staying high does Mae have a view on interest rates .

If they stay high for to long the real economy will surely take a hit and of course 2024 is a big political year.
Posted at 10/9/2022 18:11 by atlantic57
Eleven what are your thoughts now on Mae utterances.

10 days on us markets appear to have had modest falls which have now been all but reversed.

Markets do not appear ready to roll over.

The Fed seem intent on raising rates but the us economy does not appear to be tanking.
Posted at 29/8/2022 09:36 by 11_percent
"The Crash in the Dow on Friday on the tough talk from Powell at Jackson Hole came interesting on the Panic Cycle for the week of 8/22. However, we now face a turning point this coming week, straddled September."


Ok, the DOW went down on Friday due to Powells 8 min warning (rates are going up).....true.


"came interesting on the Panic Cycle for the week of 8/22."
He is saying that this drop came on the WEKLY panic cycle for the DOW.
The blog is headed by the DOW - WEEKLY ARRAYS. The week of 22/08/22 does indeed show a panic cycle.
This the first time i have seen this array....so I cant say when this panic cycle showed up.
I have Plus Membership, which does give you Arrays. I assume Pro Membership get them.

Anyway....the DOW Weekly Array shows a TURNING POINT between the weeks of 22/08 and 29/08.....its POSITIVE......as he says....it straddles Aug/Sept.
The implication here is that Friday was low....and the DOW will RISE this week......w/c 29/08/22.

=====

The next sentence is a new topic.

"The next Panic Cycle appears to be the week of October 17th which would be a 10-month target from the high in the Dow."

The array shows a PANIC CYCLE w/c 17th Oct......ok.
He is saying that date is 10 months from the HIGH in the DOW.....which I have back on w/c Monday 3rd January......about 10 months.

So....the October PANIC CYCLE IS on plan for the 10 month TARGET....from the January HIGH. Not sure where this 10-month target comes from.

======

As I have said, we MUST respect that the Federal Reserve has ONLY one tool under Keynesian Economics.

OK....we keep this in mind.


xxxxxxxxxxxxxxxxxxxxxxx

Next paragraph.....some comment.

The Fed must raise interest rates and curtail expanding the money supply. This is causing some people to be confused. But I have warned that the Fed has NO CHOICE for it is blamed by politicians because regardless of whatever they do, the Fed is to neutralize inflation - an impossible task when the real cause is shortages. Yet now, because prices rose for that reason, everyone else is using that excuse to push prices higher to make up for their losses during COVID.

FED has only interest rates to fight inflation.....will get blamed in any case.
People are putting up prices to make up for CV19 losses.

xxxxxxxxxxxxxxxxx

Powell's remarks were clear. “These are the unfortunate costs of reducing inflation,” he said at the Fed’s annual economic symposium in Jackson Hole. “But a failure to restore price stability would mean far greater pain.” There is no possible way for the Fed to address shortages. We have entered already the 2nd quarterly decline in GDP. Of course, that was the historical definition of a recession BEFORE Biden and Wokeness. Now, the word RECESSION is only used during Republican presidencies - Woke Rule #13278.


Rates increase will cause PAIN......but he has got to do it.
Cause of inflation is SHORTAGES.....which FED can do nothing about.
We have entered a recession.

xxxxxxxxxxxx

We still see September itself as a Panic Cycle on the monthly level. So whatever market you may be trading, pay attention to the Reversals, Arrays, and Indicating Ranges. This is not over yet until the Fat Lady Sings, as they used to say before Wokeness refers to Opera and the heavy women had great voices.


We still see September itself as a Panic Cycle on the MONTHLY level.

Remember.......whatever the WEEKLY arrays are telling us.....the MONTHLY arrays are calling September as a Panic Cycle.

xxxxxxxxxxxxxxxxxxx

SUMMARY

September (monthly) is a panic cycle.......in what???.....everything???

Weekly panic cycle IN THE DOW w/c 22/08/22.....ok it fell on Friday........but direction change this week....w/c 29/08/22.......so, DOW should rise this week.

Weekly panic cycle out at w/c 17th October.....which is the 10-month TARGET (not sure what target) from the DOW high.....w/c 1st January.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

So far this week....Monday 29th Aug.....the DOW is steady,,,,,,although the DOW futures for today is down 2oo odd points.
Posted at 25/8/2022 12:48 by 11_percent
That blog by MA is as definite as it gets....watch for the first week of September.

It is in line with a lot market commentators......they are saying US share indexes are in a Bear Market Rally........and look for a crash.......say 20%.
Posted at 01/8/2022 10:14 by 11_percent
Link to MA interview.

By Kerry Lutz:

“We’re seeing oil price shocks, commodity booms and busts, and various factors that are threatening to de-throne the US dollar. Why is this happening, and what does this mean for the global economy? I have Martin Armstrong on the show to discuss this, and he explains the various changes that have occurred—such as sanctions in Russia and countries opting to not borrow in dollars—that put the dollar at risk. Not only is the dollar in danger in these conditions—this shift in currency use greatly affects the world economy. Tune in for more information.”
Posted at 16/8/2021 10:23 by 11_percent
a57,

Sorry for the late reply.....have not been looking in recently.

Am till a subscriber.

From what can gather.....MA is not a big fan of a gold price rise in "normal circumstances".

What he is saying is that gold and silver will fly when the banks get in trouble....and the general people take their money out of the banks and look for a safe place to put it....ie, buy a few gold/silver coins.
Posted at 01/6/2021 14:06 by atlantic57
Eleven if you are still a subsriber i see mae has psoted comments on gold what is his view
thanks

historically he was afan but seems to have cooled..
Posted at 26/2/2021 16:07 by atlantic57
I see that Mae is now saying he predicted the rise in interest rates is bang on que.
I don’t know what he is saying as I have stopped subscribing.


However who always claims that he has predicted every event ..

Perhaps he could give us a road map to the future.

He most certainly got 2020 wrong on the big issues.
Posted at 20/1/2021 17:46 by atlantic57
Hi Eleven I am going to cancel my subscription to the basic level of Mae.
I will stick to his free offerings.

Someone has recommended this site
Posted at 12/6/2020 23:11 by 11_percent
g4,

I am in 2 miners.

PUR
Listed on Toronto and London.
Mine is in Canada, so safe. Will produce gold by year end.
Has some good corner stone investors which attracted me. Includes Eric Sprott. Also, he has just bought about an other 10 million "charity" shares (tax doge) at 89p. Current share price is 80p.

Have a look at the various gold prices the financials were done, all under current price.

It is an old mine which they have brought back.

The up-side, which is not in the price, is the resource which lies around the mine, and is being proved up by 30,000 m of drilling.

The management are all experienced and have worked in the Red Lake Camp before. They are part of a team that goes around developing mines, a lot of which, get taken over.

Tier 1 mine, in a Tier 1 country.

Its had a good run, but still off theradar and undervalued.

HGM
Own several mines in Russia.
Pays a good divi.
One of the owners is Abramavich.


Also HOC for silver.
Follows the silver price.


Am looking POG.
It has good technology, POX I think.
As well as mining gold, it takes tailing from other mines and processes them.
Am looking at it this weekend.

A lot of the guys on Wans thread are in it.


Also having a loom#k at PXC.
I’m talking here of PXC, a copper/gold/silver/lead miner with significant resources in Idaho, USA. I’m not going to try to convince you, but do suggest you go look yourselves at the ample data they’ve published, and make up your own minds.
Someone called out a good chart on PXC earlier today ,,, it's on the move now.
Good call.
A string of long awaited drilling results due from mid June so could start from next week


Also have some CMAL.
Copper miner. Used to pay a divi of 10%, but was cancelled.
It s play on the copper price which is cyclical.....price coming off the lows.
The share price is lagging the share price
Also use a 3x copper ETF.
Mallett share price data is direct from the London Stock Exchange

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