No MT, wouldn't touch them with a bargepole.

They're too easily manipulated by connections out to make a quick buck.

I've learnt that the hard way. Herencia have a months trading money left.
They are trying to sell off some assets so they can continue to exist.
Years have been spent testing the ground and they have some fantastic mineralisation.
They will never dig it out. Just bank the wages.
Opportunity was huge. Delivery of business plans horrific.
Someone will end up with a decent bit of land with good ore 
Herencia share holders will end up with empty pockets.

GSK. The dividends would not be of much comfort should the stock get dragged down with a market fall.
Have you invested in retail bonds before?

This crash is a long time coming.

We're only 14% down on where we were last April.
It doesn't even look like bear territory at the moment.

ONLY 14%

14% is a lot, but yes I certainly expect further falls. None of the above list have gone away.

Fear of new debt bubble as household borrowing soars
Households are borrowing more than £1 billion each month to finance new cars, holidays and big-ticket consumer items in a spending splurge that economists warn could fuel another dangerous debt bubble.
Figures from the Bank of England showed that unsecured lending to households rose at the fastest pace in a decade in January, rising by 9.1 per cent, a level not recorded since 2006. In total, consumers borrowed £1.6 billion in January, up from £1.1 billion the month before.
In what was described by economists as a rediscovered “zeal for borrowing”, £500 million was piled on to credit cards in January. In total, households owe £63.8 billion on credit cards and £115.7 billion in other loans, excluding mortgages, as low interest rates continue to drive up demand for unsecured credit.
This follows on from a spike in borrowing in November, when shoppers made the most of deals during the Black Friday weekend before Christmas and growth in consumer credit jumped by £300 million that month to £1.6 billion.
The sharp growth in consumer credit is likely to cause concern for Bank of England policymakers, who will be worried that Britons are making themselves vulnerable if another financial downturn were to occur.
“What we are seeing is the early stages of what could potentially be another debt problem,” Samuel Tombs, chief economist of Pantheon Macro-economics, said. “I think the Bank of England will have to act fairly soon this year to cool lending.” The Bank’s financial policy committee has said that it may raise the amount of money that banks are required to put aside to cover their lending as the economy continues its recovery from the financial crisis.
Some debt charities have expressed concern about the pace at which consumers are taking on credit.
Martin Beck, senior economic adviser to the EY Item Club, said: “The Bank of England has expressed increasing concern about the frothiness of the lending data in recent months, so while the FPC may not intervene in the buy-to-let market, broader action is possible.”
Mortgage approvals also soared in January, jumping to the highest level in two years, in a sign that would-be landlords are rushing to buy homes before the extra 3 per cent stamp duty on buy-to-let properties and second homes takes effect in April. The total figure for mortgage approvals in January was 75,581, hitting the highest level since January 2014 and up strongly from 71,335 in December. It also surpassed economists’ expectations of 74,000, but was still significantly below the pre-crisis rate of more than 100,000 a month.
Many analysts believe that mortgage approvals will fall once the new stamp duty charge comes into effect.
Ruth Miller, of Capital Economics, said: “The stamp duty surcharge should only provide a temporary stimulus to the housing market. Once this temporary effect fades, buyer demand will probably fall, easing the current upward pressure on mortgage approvals over the remainder of the year.”
Some economists believe that an interest rate rise from the present 0.5 per cent is the only way that Britons will curb borrowing.

Marvellous stuff from S_J.

You're saying that all that bad news will stop people from buying shares?

Yet in the last thirteen days the FTSE100 as I write has risen by 600 points.

Why hasn't it gone down instead?

greggs shutting 3 factories ,laying off 250 people

tbh there pies/sausage rolls are grim but they have been making there munee out of other stuff anyway

We can all pick a time period to suit the point they are trying to make, though you seem a particular expert at this! It is my belief that the overall trend is DOWN.

We can all pick a time period to suit the point they are trying to make, though you seem a particular expert at this!

Well I gave a very good reason for choosing the starting point that I chose.
You simply chose a period to suit your argument.

I can't find any news of any economy growing to justify any upward short term moves.

Yet the market continues to rise?

Although up can be down the way you read the market.

I pick a period to suit my argument and you fish out a 13 day move

Down can be up for your arguments too. The FTSE 100 is down year to date (-1.42%) and in the last calendar year (-11.43%)

I offer lots of reasons why the sentiment should be negative, yet you offer nothing to explain the direction. We can all read a chart between two points.

The FTSE 100 is down year to date (-1.42%) and in the last calendar year (-11.43%)

Lol. Go back four years and it's up.

That's why tops and bottoms should be used as your benchmarks.
Not set periods of time which don't tell the proper story.

How about the fact that the US dollar still amounts to ca. 2/3 of the world's reserve currencies? A country with $19 trillion debt. We aren't doing too good in Europe either!


http://cointelegraph.com/news/rumor-mill-new-reserve-currency-may-rock-us-dollar-in-october
https://en.wikipedia.org/wiki/File:Budget_Deficit_and_Public_Debt_to_GDP_in_2012_(for_selected_EU_Members).png

i was reading about coco bonds a few days ago stow, the latest financial weapon of mass destruction? all the problems pre 2008 plus many trillions more in debt, fantastic!

i keep plugging gold, in sterling my stack (not that big) is up over 20% this year.

the trouble is the board of the bis consists of the people who caused all the things the bis is now complaining about.

too

Yes, THEY would love an electronic currency, so they could bale everyone in who had cash every time they failed to govern within the budget.
They also will be raising both the state pension age and even the age you can draw your personal pension at, which disgusts me!
How about some re-claim of gold or any asset they can grab their hands on?
Some new stealth taxes perhaps, which will only quash any chance of growth and plunge us all into a giant black hole.

i know, for all my plugging of gold there is nothing to stop them taxing/stealing it from me

the only good thing is that the bundesbank have come out against doing away with cash.

we're going into the black hole one way or another, i say lets get it over and done with asap.

I've sent this thread to Morrissey so he can cheer himself up

always look on the bright side of life