Brexit Wars 3 macbonzo: Insofar as no other member state is making any noises about leaving, I think the EU, need to make an example of the EU. It’s nothing to do with money. Even the far right parties across Europe have now watched Brexit and are talking about changing the EU from the inside, not advocating leaving. That is how it should be done, not running away because we can’t get our way over everything immediately, then thinking up some plan to make things right later. How is that working out? See first comment above.
Brexit Wars 3 macca45: Grow up and stop throwing unfounded tariffs on products. Sorry to educate you but 10% on cars IS WTO tariffs and 20% on steel to the EU is reality also. I know you can’t stand the truth, but there it is - as quoted by The Father of the House of Commons earlier today. I simply repeated two of his examples. Grow down, Macca45, you’re making a fool of yourself.
Brexit Wars 3 J_Westlock: It isn’t a done deal that means electing a PM who has a manifesto stating they will attempt to force through a No Deal Brexit. The Tories are going to move to the Brexiteer extreme right of their party in an attempt to combat the Farage party and to distance themselves from TM’s approach. The EU isn’t going to like having to deal with a hard Brexiteer PM led government and in the little time left until 31st October the chance of meaningful negotiations & compromise is minimal (IMO). So it all hinges on what the new PM does on 31st October…whether or not to seek another extension. I reckon that France may argue very strongly that another extension (assuming we ask for one) is a waste of time…after all we do seem to be wasting a lot of time at the moment (Tusk will be annoyed).
Brexit Wars 3 You mention Gove. He is an ambitious little so and so. He really fancies being PM. I would not be surprised to do a deal with Labour, as long as he got the No. 10 keys. The other one, who I would imagine will emerge is Liam Fox
Brexit Wars 3 oilovlam: I presume you’re talking about a Tory PM…if that’s the case then a customs union/arrangement isn’t on the agenda (IMO). TM mentioned the ‘C’ word in her resignation speech but to most Tories compromise is a swear word…along with customs union/arrangement. Well, it’s a matter of record that just a few weeks ago Michael Gove, and the chief whip, Julian Smith, were said to have urged ministers to accept that a deal with Labour may be the only path to delivering Brexit. Unless they just want a repeat of the last couple of years with a re-hashing of the May Deal (which the EU are unlikely to allow) then they are going to have to change approach as well as the PM. It isn’t a done deal that means electing a PM who has a manifesto stating they will attempt to force through a No Deal Brexit.
Brexit Wars 3 J_Westlock: However… if you get a PM who is up for a customs arrangement… that avoids the whole Irish border issue. I presume you’re talking about a Tory PM…if that’s the case then a customs union/arrangement isn’t on the agenda (IMO). TM mentioned the ‘C’ word in her resignation speech but to most Tories compromise is a swear word…along with customs union/arrangement.
Brexit Wars 3 macbonzo: Yes, I see your point. Hypothetically if it was to be Boris, do you think he would even consider a customs union? He wouldn’t but I’m interested to see what his manifesto plan will be regarding Brexit ie. will he seek support from a majority of Tory MPs? Or support from majority of the House?
Suggestions For Questions at the AGM on Wed 5th June 2019 carliol: There needs to be a break through in battery technology before electric cars take over. But this begs the question, what generates the electric to power the E Cars? Yes but that `breakthrough’ has been the objective of many of the brightest brains on the planet for over a century, so it is becoming increasingly unlikely. We could finally decide that nuclear power will power electric cars with far less pollution than ICE’s but just as coal powered the Victorian age, fracked gas could do the same for the next century. Small portable gas turbine powered generators could be sited over the fracking sites, to be moved on when the gas runs out locally. Or maybe someone will back my plan to generate electricity from domestic water reservoirs by putting generators in series with the existing pressure reducing valves which would then just act to complete the required pressure drop rather than waste all that hydro-electric power. ( There is nothing fundamentally different from a reservoir in the hills used for power and one used for domestic water supplies). I agree with the rest of your post (but Jim Ratcliffe would probably prefer to frack under the Forth for his Grangemouth feedFlock).
BARC Comp - S16 W7 OPEN - Closes 9pm MONDAY Your guess for next FRIDAYS UT closing price in numerical order. LOWEST at the top, please. All new entrants welcome! - Usual deadline for Comp entries, about 9.00 PM on Monday. Thanks & GLA! 145.54 mcn2000 152.50 pelim
LME Nickel Stocks [link]
LME Nickel Stocks Nouvelle Calédonie la 1ère Chronique du nickel : le prix du métal dopé par les risques en Indonésie -... Une demande et des achats en forte hausse ont été enregistrés sur les places boursières de Londres et surtout de Shanghai. Le cours du nickel a bénéficié des craintes d’une réduction des exportations indonésiennes. Chronicle of nickel: the price of the metal doped by the risks in Indonesia Demand and purchases increased sharply on the stock exchanges in London and especially Shanghai. Nickel prices benefited from fears of a reduction in Indonesian exports. Northern plant: Koniambo Nickel (KNS-SMSP-Glencore) in New Caledonia © Alain Jeannin © ALAIN JEANNIN The Northern Plant: Koniambo Nickel (KNS-SMSP-Glencore) in New Caledonia By Alain Jeannin Posted on 25/05/2019 at 01:31, updated on 25/05/2019 at 022 Despite worries about global growth and the harsher tone adopted by the protagonists of trade talks between China and the United States, the price of nickel at three months rose by 2.5% during morning trading on Friday. May at the London Metals Exchange. “More than 5,200 nickel batches were exchanged at 9:37 London time, representing approximately $ 317 million traded.” Metal Newsletter Fastmarkets It has been enough if London analysts speculate on the intensification of riots in Indonesia, which began after the announcement of the results of the presidential election, so that the price of nickel returns to the height. In the City of London, players in the industrial metals market fear a paralysis of Indonesian port exports. In response, “the price of a tonne of nickel has recovered nearly 500 dollars, in minutes, for contracts July,” says the latest note from Marex Spectron, the main industrial trader in London. Other promising news, nickel stocks in the global warehouses of the London Metals Exchange (LME) fell to 101,000 tonnes, their historic low since 2012, “an unprecedented level” says Alastair Munro, an analyst at the LME. On the news feed, Australian producer BHP said “it was worthwhile to invest and add new resources for the production of nickel sulphide for the electric vehicle market.” Nickel is finally benefiting from the recovery, at unprecedented price levels, of the iron prices that make up the ferronickel produced in New Caledonia by the SLN and the SMSP, as well as in South Korea for the latter. On the LME, the ton of nickel for delivery in three months traded at 12.467 dollars Friday at 15H30 GMT or 5.65 dollars per pound. Up 4.86% for the day and 3.77% over the week.
Brexit Wars 3 Yes, I see your point. Hypothetically if it was to be Boris, do you think he would even consider a customs union? For what it’s worth I think the only way out of this is to have a GE. Even then, that may not get us out of the impasse.
Brexit Wars 3 macca45: Iraq and Syria have open borders with Turkey? What are you on about? When have I said that? Where did that come from? I didn’t say you said it but the LEAVE campaign did heres another post sent to mills… Can you see how the scare story works… I guess you will have some excuse…, image.jpg1200x1199 235 KB
Brexit Wars 3 macca45: Turkey were joining as associate members (Schengen) until Erdogan’s power grab. You can’t change history, petethenovice Heres a FBOOK post sent to 10s mills of stolen contacts… No mention IF Erdogan or negotiations or votes just a disgraceful scare story LIE… image.jpg765x374 64.1 KB
VOD discussion Armageddon: You doing any cover for all this volatility in buys? I know you don’t do shorts much, if any. But I really like the SLV etf cover. It’s one of those I think you can regularly subscribe to. And one day it will pay out in the long term regardless imo. I’m a big believer in one short for every three buys in shares during bull markets (but not as cover. Expect the short to drop anyway) But I think slv is pretty cool I’m subscribing with no timing, monthly. Get that for a £1.50 fee. Then I add £500 for any call on day to month chart too. Going to do that all the way up and down until reaches 20.00. Then let it carry on with no sub or addition. Certainly worth considering. Far smarter than me commenced it . And these guys haven’t bought such cover in ten years , whatever their reasons Hi Armageddon, Thanks. No cover here, but it’s been a fluid situation for me in recent weeks & I intend to be as proactive here as I’ve been elsewhere. For eg. I’ve recently closed 5 out of 6 leveraged longs in BARC. Those at significant loss. All posted in germane thread, with my reasons. I’ll be doing likewise here with the leveraged longs to free up more margin & increase stakes for trading elsewhere. For eg. I’ve been fairly successful UKX in recent months. Taken well over 500 pts profit. But I’ve not made the serious cash as funds for staking were limited due to so much margin tied-up with losses like this. I also have 2 VOD tranches of real shares. If SP is below 131 on 5th June, day before XD, I may well sell those, too! Still not 100% certain, but if so I’d transfer those particular VOD funds into other stocks fairly sharply. Maybe within days. I already have a few stocks in mind, but still not 100% decided. If I do so, I want to do it before a broker transfer I’m planning to take soon, which can take from a few weeks to a few months. Will post my VOD losses when actually crystallised in germane thread on this site, ie. where I opened those buys live a while back. - Regards.
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