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Articles by The Closest Chartist

Motive Television - Likely Return to The Best Levels At 0.05p Plus

Only a lunatic, or the next best thing, a chartist, would even attempt to make a near-term call on the price action of Motive Television (MTV).

By The Closest Chartist | Published 2013-10-18 14:55:57 |

Range Resources Sell Into Any Strength Over 2p – shares may see 1p (now 1.7p)

It would be great to be able to stop saying of range Resources (RRL) “sell into strength” but there is no other conclusion. It is not a popular message as most private investors here are currently long and wrong.

By The Closest Chartist | Published 2013-10-17 14:30:15 |

Buy Rialto Energy at 2.6p – initial target 3.5p within weeks

The good news for Rialto Energy (RIA) is that since the summer - and the unfilled gap to the downside which seemed to represent the selling climax for the shares - we have seen a progressively stronger recovery. It will continue.

By The Closest Chartist | Published 2013-10-17 13:34:22 |

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EXPOSE: Has Quantum Blockchain lied to investors about the Italian House?

Is it always a bad sign when you switch auditors to PKF Littlejohn?

Win a bottle of champagne from Lucian Miers MMT contest

Recent Comments

Fagash5 Oct 2026

To do otherwise breaches the trust system of money. Only believing money received in the future has value, supports the idea of debt and credit. Without debt ( and return on that debt) , capitalism fails. Ability to print money on demand eliminates debt rational ( return) so collapses capitalism by default.

Win a bottle of champagne from Lucian Miers MMT contest

DAVID FRASER5 Oct 2026

Others have attested that you only need to issue debt (government bonds) if you are running s as current account deficit. You issue the bonds to pay for your expenses EducationHealthBenefitsRoadsDefenceGovernment staff and buildings PoliceFireCoastguards I’m sure there are others. Quangos etc…If you just print money whilst running a deficit you risk a lack of confidence in the currency. MMT has been shown to be a lot of nonsense because the longer you keep spending what you don’t have the higher your deficit climbs. You either have to grow the economy to reduce the debt or reduce what you are spending. Zimbabwe and other third world countries have shown this. You can end up with hyper inflation which does nobody any good and further causes a sovereign monetary and debt crisis. Reduced public spending and/or increased taxes are the only alternatives….Or are they. The Laffer Curve suggests that the lowering of direct taxes fosters higher productivity and in turn increases tax revenues. Just don’t give all the tax cuts to the billionaires or you’ll end up with Trump’s America - and nobody wants that!In conclusion if it was that easy some other bugger would have done it already. Yes… we’re all screwed 😩

Win a bottle of champagne from Lucian Miers MMT contest

Fagash5 Oct 2026

I concur. Meanwhile I took one out - not to replace lending, but to simply place on deposit. Cost me a bit initially but then provided a return as interest rates increased. Paid off the balance prior to company closure. Marginal gain, but it was free money ( to the company, but not the taxpayer). Joke system in all respects imv.

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

TOM5 Oct 2026

text changed, i keep making that error both Quantums are zeros, its becoming a mental block

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

EASYASOT35 Oct 2026

The company with the property auction is Quantum Blockchain Technologies (QBT), not Quantum Data (QDT), and not QFT.

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

Sohail5 Oct 2026

The Covid Cash had to be doled out very quickly because the government decided to shut down the economy .Government bureaucracy is incapable of dealing with process in normal times so in a crisis situation the prospects of Hmrc handling anything efficiently would be zero.Hmrc have consistently shown an inability to operate efficiently.Political parties in opposition always talk about the huge savings they will make once they are in office.It will never happen…

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?