Think of my suffering. On June 17 I shall walk 34 miles and be lagging at the back of the pack with my friend Jonathan Price who will have 16 hours to explain to me why Brexit was a disaster, how 17.4million of us are dim or Xenophobic or both and how the fraudster Carole Cadwalladr is the greatest living journalist. Think of my suffering and please donate HERE as we approach ( with gift aid) £10,000 raised for Woodlarks. In today's podcast I discuss Pantheon (PANR) - target price 6p? - BSF Enterprises (BSFA), Versarien (VRS) - shares up 50% today - and Cineworld (CINE), still 100% overvalued. I also look at Cellular Goods (CBX) looking at seaweed to carbon zero technology and referencing THIS ARTICLE.
Thanks for all the kind wishes about my health and that of Joshua, we seem to be on the mend. In today's podcast I discuss Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Argo Blockchain (ARB) and - in detail - Victoria (VCP)
Diego Parrilla is an author, engineer and economist and a gold bug.
In today's podcast I look at two business failures and the lessons we can all learn from them. In many ways Bulb is a bigger scandal than FTX and it has already cost the UK taxpayer £6.5 billion.
The legover reference is HERE. I am still very much under the weather with all the symptoms of covid. I am feeling a bit better but not well enough to do more than a few hours work today. Thanks to Steve for taking care of things. In the podcast I discuss Devro (DVO) - who said young Steve and I could not tip a waiter? Then FinnCap (FCAP) then finally the dire sentiment towards mining stocks. Is it really that bad out there?
There are folks who think that inflation can be cured without pain. Those are the same folks who urged record money printing during the scamdemic. That is what caused inflation not, as they claim, President Putin. Writer Jesse Felder puts them straight.
Asset manager Michael Gayed discusses how insane this year has been and how this is the only year in history where treasuries have lost more money than stocks. The only period it can be compared with is 1931. We’re in very abnormal territory. 1931 was a pretty terrible time too, yet too many folks think this is business as usual.
Danielle DiMartino Booth, the CEO and Chief Strategist for Quill Intelligence, a research and analytics firm is a top banana, bang on the money on the subject of economics and crypto scams.
I start by referencing a podcast on public schools HERE and saying why I am at a funeral today. Gone are the days when the BSD at ShareSoc offered to help out those chaps at Globo (GBO) get the show back on the road. In new hands there is a suggestion of odd share dealings at N4 Pharma (N4P). I look at that and then the fundamental case against this stock. I also look at Parsley Box (MEAL) and CEO spoofing and at Eco Atlantic (ECO) and the dangers of punting on an E&P play ahead of a well.
One of the few serious financial podcasters who swears more than me is Chris Irons, aka Quoth the raven. His latest soundings on gold and shitcoins are music to my ears.
Author and historian James Meigs will be a familiar face if you watch "Abandoned Engineering" on late night TV but he is a serious scholar.
In today's podcast i discuss Kefi Gold & Copper (KEFI), Pantheon Resources (PANR), the residential housing market, Purplebricks (PURP) and the housebuilders and retailers in general, Sosandar (SOS), Joules (JOUL), Made.com (MADE) and Boohoo (BOO). I reference an articlle on greedy nurses and different types of averages and how they mislead HERE
Asset adviser Grant Williams says you need to admit your investment mistakes. How many of us will do that?
Francis Hunt, Founder of “The Market Sniper” Francis, discusses how demand for physical metal appears to be increasing significantly in the United Kingdom. He says that a lot of interest is coming from those in the financial industry and some of those customers have expressed concerns about their employer’s stability. He says that self-directed pensions in the U.K. are also seeing a move away from equities and into custodial backed physical metals.
Have a great bonfire night tonight. In today's podcast I discuss DFS (DFS) in great detail - it looks like a cracking short. Then Deepverge (DVRG) where Gerry Brandon needs to SMTM and finally Revolution Beauty (REVB) which will be either a zero or a penny stock but not until after Christmas.
Author and political risk analyst Larry McDonald says that he is concerned about the impacts of rate hikes in Japan and around the world. Central banks are very nervous because they can’t assess the damage inflicted by their policies for many months.
In today's podcast I look at Cineworld (CINE), Ocado (OCDO), Versarien (VRS), Rosslyn Data (RDT) - going right back to its fraudulent prospectus c.o Cenkos - and Westminster Group (WSG) where the curse of Baldry of the fraud 3DM infamy strikes yet again. Talking of vile Tory MPs, I mention Matt Hancock at the end. At least with Baldry his fingers were only in the pork barrel.
Writer Steve St. Angelo of the SRSrocco Report does not hold back on how corrupt the financial world has become
A couple of years ago I did a podcast suggesting that the share price of ITM Power (ITM) was truly bonkers. In the mad rush to buy “green” investments it then got a bit more "truly bonkers". That is the problem with bubbles, they can just keep on expanding far longer than most folks think, defying all logic. And green energy clearly is a bubble.
If you are younger than me you probably cannot remember Bre-X. It was a monster scam. Asset manager Warren Irwin was not only around at the time but he visited the site and now tells the tale.
Sometimes I switch off my PC thinking that was not a very good podcast. Most days I am content but today is one of those days when I think "that was a bloody good podcast" I start of with why this website is not free and how you need to change business models if the world changes and then as to the strange idea that we have a "house view" on any given stock. That is with reference to ITM Power (ITM) which I then cover in detail (more ouzo for me and for Peter Brailey, cold cabbage water for comrade Malcolm Stacey of the 6th Guardianista peaceand flower power corps). I also look in detail at the spoof from Advanced Oncotherapy (AVO), Deepverge (DVRG) en passant, but which is covered in more detail HERE, and Bidstack (BIDS) after my bombshell expose c/o Winnileaks earlier. A good day's work. Now I can go and weed my onion patch in peace.
I end the podcast discussing what it is and what my short and long term targets are and why. I start with Brent Hoberman and when we crossed swords first and why he is such a wanker. That was back in the days of Lastminute.com (LMC) and it showed me how the British establishment always looks after its own however much they screw up. Brent was the founder of Made.com (MADE) which I discuss. Then it is onto Union Jack (UJO), Angus Energy (ANGS), IGAS (IGAS) and Uk Oil & Gas (UKOG) and fracking. I look at Bezant Resources (BZT) as wretched Colin Bird prepares for his next bailout with all the usual ramping. Finally, TP Group (TPG)
The mystery of the Earl of Abingdon remains and it is why I am late with the first of two podcasts today. Then onto Deepverge (DVRG) the firing of Gerry Brandon (real or spoof), the 100k screw by Mrs Brandon and the placing about which the company cannot but help tell a porky.
Vietnam veteran and author Robert Moriarty says, “I’m an equal opportunity anarchist, I despise all governments equally. They’re all stupid and are doing these incredibly short-sighted things.” What a star!
In today's podcast I discuss coverage of my friend Richard Poulden and Valereum Blockchain (VLRM) which is now utterly toxic. I mention Wishbone Gold (WSBN) en passant. I look at Verditek (VDTK) where AIM Regulation must now step in to tackle fraud then at IOG (IOG), lessons from the demise of Toople (TOOP) and then an expose of the events at Technology Minerals (TM1) where you really just could not make it up.
Money manager David Brady explains why sentiment is a fantastic contrarian indicator for the metals sector.
Asset manager Tavi Costa believes that we are witnessing an unprecedented economic environment, one with massive withdrawal of liquidity from central banks and developed economies. He says that interest rates and bonds are collapsing across the entire curve and that the dollar’s move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world’s economies have fallen into three different categories.
Ronald-Peter Stoerferle, author of the "In Gold We Trust" reports is a cheery fellow. He believes that recession concerns will be the focus in the United States instead of inflation. This may provide the Fed some leeway as the public will be distracted by the economy. Europe will be more concerned with sticky inflation issues as energy problems continue. He says that Europe is definitely in a recession, and it’s quite likely the United States is now as well.
If you want cheering up don't watch this. Kevin Wadsworth has a background in assessing systemic risks. He believes there are serious risks of systemic failure, particularly in Europe. U.S. government debt is in a parabolic rise, and the maths is starting to no longer add up. He warns that the cracks are forming in the foundations of the global central banking system.
I use as case studies in today's podcast Tern (TERN), Argo Blockchain (ARB) and Bidstack (BIDS) two of which could be singing a duet with the Fat Lady by Christmas notwithstanding receny refinancing news.
David Haggith, the publisher of “The Great Recession Blog” is a cheery fellow. He started his website twelve years ago, shortly after the housing bubble. He invented the term the epocalypse, which stands for ‘economic apocalypse’ that will be epic in scope. You could also call it the second great depression. He says, “For the last two years I’ve been extremely accurate.” The corona crisis brought massive amounts of money printing. The Fed can no longer print enough to support the equity markets. We’re going to have plenty of economic breakdowns and damage. It’s hard for people to grasp the rate of change that is occurring.
Gold asset manager Jaime Carrasco of Canaccord Genuity reckons that for gold bulls like him the goood rimes really are abnout to start soon as the world goes to hell in a hand cart. Jaime says, “I’ve been preparing for this storm for a long time, and it’s here. I don’t think we can hide from the global volatility. In 2008, they bailed out the banks, but now the question is who will bail out the governments."
In today's podcast, pre Joshua book fair, so a tad rushed I look at Amur Minerals (AMC), the growing Bezant (BZT) scandal, Gavin Burnell & Hot Rocks (HRIP) and Tortilla Mexican (MEX)
As I exposed here yesterday, Colin Bird’s Bezant Resources (BZT) is insolvent and has deceived investors with its interims on Friday. I have written to its Nomad, Roland “fatty” Cornish, treating him with the respect he deserves, suggesting that the shares be suspended and that a statement is needed ASAP. Since he is almost certainly missing in 7 course lunch action today or perhaps sleeping luncheon off as he prepares for supper, I have ccd in the Oxymorons at AIM Regulation.
Yesterday saw interims from Bezant (BZT) and Caerus (CMRS). Has Colin Bird deceived us all? Have King of the spivs Jon Bellis and London's worst nomad, Roland "fatty" Cornish signed off on a work of complete fiction? I think they have and that Bezant shares should be suspended ASAP and Bird's career of penny share hustling broughtto an immediate close. All is explained in today's podcast.
I am not sure that I agree with this, certainly from a UK perspective I really do disagree as I note HERE. But Larry Williams has been trading for 60 years so experience is on his side not mine. Larry discusses how bad news sells and everyone has a cognitive bearish bias. If you focus on the bad too much, then reality gets in your way. We saw capitulation in this market back in June. This is typically an excellent point to enter markets.
I start the podcast with a few macro musings then onto the Lucian Miers stock check list for bears and bulls before looking at Argo Blockchain (ARB) and how it could be a zero by Christmas.
Asset manager Michael Pento says the bear market is here to stay, and the next phase is coming: so far we’ve only experienced the opening salvo.
In today's podcast, I look at Darktrace (DARK) as its shares slump again, Avacta (AVCT) , Novacyt (NCYT), UK base rate rises, nanosynth (NNN) and the dishonesty of journalist smearing and trolling Union Jack Oil (UJO). PS, Matt Earl, the Dark Destroyer, tells me that he has added to his Darktrace short today.
Book author J.E.S argues that folks do not understand in any way how inflation is going to impoverish them. I agree/ All those who yakked on about Modern Monetary Theory two years ago, from Paul Mason through most of the BBC to Zak Mir, and urged even more money printing, should be on trial for financial crimes against humanity.
In today's podcast I end with a few ShareStock logistics matters ahead of Saturday. Before that: Wishbone Gold (WSBN), Alien Metals (UFO), Avacta (AVCT), Asimilar (ASLR), TrustPilot (TRST), Ceres Power (CWR) and Deepverge (DVRG).
Veteran businessman and analyst Simon Hunt is a cheerful chap. Not. His predictions are grim.
This will be music to the ears of Nigel Somerville. Alasdair Macleod predicts that the world is going to hell in a hand cart within months and that we should all buy gold as a result. But then, asd the Head of Research for GoldMoney, this has been his message for a while.
I start with a reference to this personal podcast about Christmas Day 1914 HERE. Then it is onto Ironveld Resources (IRON), Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Advanced Oncotherapy (AVO) and Argo Blockchain (ARB) and it is one of two more reasons give to book your seats at ShareStock on September 10 NOW HERE
All is explained in the podcast but my pension has gone to nil cash after this trade. Then I look at Eden Research (EDEN), musicMagpie (MMAG), Cineworld (CINE), Boohoo.com (BOO) and Revolution Beauty (REVB). As of today 72 chairs will be needed for ShareStock on September 10. I am scrabbling to get them so if you want to attend please book early in case I need to do more scrabbling. Book HERE
Too right. And individuals and corporates. Folks have no idea what is blowing in. Patrict Karim is a chartist so talks bollocks but on this one he is bang on the money.
Analyst and writer Kevin Muir says that investors seem to be having problems understanding the current economy and inflation: those in charge are arguing that this past month had no inflation. The reality is that month over month figures may be indicating that inflation has peaked. Kevin says that this may cause the Fed may to be less hawkish than most investors are expecting.
Analyst Michael Oliver pulls no punches.
The only financial podcaster who swears as much as me ( perhaps more) and is almost as outspoken as me is Chris Irons, aka Quoth the Raven. In his latest podcast with Palisade Capital he does not hold back.
I am today alone at the Greek Hovel, for reasons I explain. Walking up and down snake hill, I must have sweated off 15 lbs! In the podcast, I start with a look at Boohoo (BOO), ASOS (ASC) and the issue of earnings visibility, as business models are forced to change. On my return, I spoke to a whistleblower from a 2021 IPO roll-call-of-shame company; I relay some of the specific accusations made. I'm not sure when to name the company, and how I should play it. But I will do so when back in the UK. The said accusations compound a dire financial position, about which I have warned you numerous times.
Writer, Robert Moriarty, is a cheerful bear. He discusses the capital destruction that has occurred within both the cryptocurrency and stock markets. He believes crypto is analogous to beanie babies, due to the number of different currencies.
After 40 years in the markets Jim Welsh combines charting ( i.e. believing in gibberish) with fundamentral analysis. I forgive his youthful naivete.
Author David Hay is plugging a new book, “Bubble 3.0” which is a warning about the problems inherent in the financial system. He says that the Fed is the main culprit for bubble creation, and such bubbles always get wrecked. The Fed has kept rates at great depression levels despite reasonable economic activity and that, Hay argues, is plain daft.
Analyst, Lawrence Lepard, kicks off with a major mining fraud.
Certain readers of this website (naming no names, PL) reckon that, to make money, we should follow the inbred public school twits of the fund management community. Au contraire.
If you think that the worst for shares is over, think again, says analyst Chase Taylor
Jaime Carrasco predicted inflation, as the marginal usefulness of excessive debt declined. There is plenty of evidence that a currency reset is coming; Governments' taking on the debts of banks proved this. Global trade patterns are rapidly shifting, and gold is part of that equation.
Analyst, Lior Gantz, warns that we are already in a recession, and things will get worse.
I start with a logistics issue, which may see Matthew and his dog suffer cold turkey on bearcasts for 3 or 4 days over the summer. I am working on it. Then, to 4D Pharma (DDDD), where young Gary is wrong in condemning the company; Lamprell (LAM); and Deepverge (DVRG), where I make reference to the earlier podcast special.
Last year, AIM sewer poster boy, Deepverge (DVRG), did a placing at 30p. It had misled investors on trading, and its ghastly CEO, Gerry "the arse" Brandon, slated me as not understanding investment. Today, the shares are 10.5p, after awful finals in which, as I explain in this bonus podcast, the company again - by omission rather than act - materially misleads investors. If you own this stock, lube up; there is more pain coming your way.
Investment analyst, Ted Oakley of Oxbow Advisors, believes that in order to mitigate inflationary pressures, the Fed will push us into a recession. He explains how rising rates affect the economy, slowing the housing market. In addition, consumers are cutting back on expenses, and many will lose jobs as the economy contracts.
Analyst, Charles Nenner, believes it is too late to make your portfolio defensive, as things will worsen across the board.
Author, David Murrin, warns there is a significant risk of conflict in Asia, including Korea and Taiwan. He states that China is gaining knowledge of drone technology, while the West is essentially at war with Russia; the level of collective delusion from Western leaders is concerning.
I am more panicked by the IRA man objecting to my bonfire. Heck, it is not as if it were the 12th July, and I were wearing my bowler hat with an orange sash, is it? In today's podcast, I look at Skinbiotherapeutics (SBTX); Eurasia (EUA) and a Kraut moron; Supply@ME Capital (SYME); and Argo Blockchain (ARB).
Yes, I will be wading through nettles, but all for a good cause. To those who have donated, many thanks. With gift aid, as I record, we have now raised £25,600. If you are yet to donate, please help us reach £30,000, by giving a few quid HERE. Talking of nettles, I describe various home-grown triumphs, here at the Welsh Hovel: next week, I hope to make some nettle beer, as well as more elderflower cordial - what do you think? In the main podcast, I discuss discretionary consumer spending; Parsley Box (MEAL); ProCook (PROC); Altyn Gold (ALTN); Optibiotix (OPTI) and a chat with Steve O'Hara, who, of course, you can meet HERE; and AEX Gold (AEXG).
From one foul-mouthed host to another. Chris Irons is Quoth the Raven, and never holds back; in fact, his language is far worse than mine.
Asset manager David Brady believes another massive rally is coming for gold and that the Fed will reverse course. Countries never chose to default they always inflate their debts away. Markets today are centrally managed. What we have is not free-market capitalism.
Legendary mining investor, Rick Rule, pulls no punches. He critiques governments for being so corrupt, and why they prefer fiat systems. Then, he explains the difference between backing a currency, and pegging it to a commodity.
I explain my anger, and why the weekend ahead will be sheer torture. Think of my suffering and donate to Rogue Bloggers, HERE. Then, put 10 September in your diary, and keep it free. More on that next week, when I shall be in Frogland with Joshua and Olaf. In today's podcast, I cover Versarien (VRS), Audioboom (BOOM) and Advance Energy (ADV). ).
Analyst, Danielle DiMartino Booth, is my sort of bird. Her warnings about US rates apply equally well to the UK, and she is bang on the money.
Analyst Peter Grandich says his clients tell him that it’s difficult to get goods and prices are rising quickly. Yet, the Fed’s ability to deal with inflation seems limited. Peter says that the lockdown created secondary effects on supply chains, and now things are becoming compounded with China and Russia and the Fed’s tools are largely useless at correcting this situation.
Analyst, Chris Puplava, argues that Fed rate hikes don’t always result in recessions. He believes there is no spare capacity to compensate for a slowdown and, therefore, the Fed is limited in its ability to control inflation. The November elections are always a factor, and he doesn't expect the Fed will tighten aggressively into the fall. Mortgage rate hikes, he argues, are already impacting the housing markets, as the interest rate pain threshold has been more pronounced with every debt cycle.
30-year mining veteran, "Andy", discusses how everything in markets comes down to supply and demand. Logistics, contracts, and shipping are all essential factors in trade. Markets are complex, and risk mitigation is important, especially with the fluctuating prices of commodities. Sometimes, margins are tight, and companies can easily lose money - particularly if they're not hedged accordingly.
This is a cheery way to start the weekend. Analyst David Hunter does not mince his words. He discusses how:
In today's podcast, I discuss Elon Musk and Twitter; Vast Resources (VAST) & associated scumbags; Optibiotix (OPTI); Condor Gold (CNR) and why comrade Jim Mellon must pay up soon; and the complete and utter Irish jackanory spouted by Hydrogen Utopia (HUI) and Powerhouse Resources (PHE): those holding shares in either company are certifiable. We are now just £68 away from £10,000 in the Rogue Bloggers for Woodlarks (plus gift aid) fundraise. On Sunday, I really will do a 20-mile training walk. If you are amongst the 96% of listeners yet to donate, please do so today, HERE.
The reference is to the fact that there is only 1 candidate in the local elections where I live and he is a king sized dickhead. From that I move onto interest rates and why they should have been increased by more than 0.25%. Of course we should not be in this inflationary mess anyway. Then it is onto Vast Resources (VAST), Trainline (TRN), Seraphime (BUMP),Parsley Box (MEAL) and musicMagpie (MMAG). I will try to complete my long promised share purchases tomorrow and to discuss them then.Thank you to all who have donated to Rogue Bloggers for Woodlarks. We are now at 15% of target but still 97% of Bearcast listeners have yet to chip in. Come on, just a fiver or a tenner: please do donate now HERE. PS The reference to Kirstie Allsop and a podcast is about this one HERE.
Biy do I like economist Steve Hanke. He concludes this interview with a claim that 95% of what appears in the Mainstream Media is wrong or irrelevant. As I work on my next Ukraine podcast, how right the good Professor is.
Macroeconomist, Henrik Zeberg, warns there is a blow-off top coming, which will unfold over mid-summer. This will be followed by a deflationary bust, taking everything down. Then, we’re going to see devastating stagflation.
Analyst and trader David Kranzler argues that the weekly economic data is indicative of the U.S. already in a recession. Eighty percent of all U.S. households have been experiencing the characteristics of a recession. Credit card usage is spiking and this is likely because people are relying on them to make ends meet. Inflation remains rampant at double digits.
Sub scale technology investment waste of space company Vela (VELA) has today announced that it has hired a new PR and IR firm Novum to ramp its shares. Novum, aka my old pal Alan Green, I have a question for you about the gap in the website CV of your boss Brent Fitzpatrick, the one linking him to a convicted fraudster and jailbird.
I start with good news concerning my mother-in-law, which suggests my current living - where folks pay £5.99 a month to hurl abuse at me - is maybe not such a desirable career. Then onto Kefi Gold & Copper (KEFI), and what I have told 'arry Bloody Adams should happen next, in light of his latest e-mail to me. Then onto Vast Resources (VAST) and Eden Research (EDEN), not Pharma as I misspoke in the podcast. Finally, Gear4Music (G4M), which is enough to turn fanboys Paul Scott and Malcolm Stacey to drink. Vindicated yet again as a bear, I warn of worse to come, following today's bullshit-heavy trading statement.
In today's Bearcast, I start with Guild ESports (GILD), and a collapsing party house of cards. I refer to the David Williams of Avanti infamy shocker - it is still a cracking short. Then I comment on Petropavlovsk (POG), where I am surprised no one has feigned offence at my earlier headline. There is a bit on NightCap (NGHT), but most of this podcast covers Kefi Gold and Copper (KEFI). Matthew and his dog will be delighted by that section.
Happy Easter to you and your families. Today's podcast looks at four ways, some very easy indeed, to clean up London's share markets, the AIM sewer and the Standard List. I cannot see any argument against what I suggest, but maybe you can think of a few.
Apart from on bitcoin, analyst, Gerald Celente, is bang on the money. He kicks off this podcast with the scamdemic, and the resulting actions of governments around the world. He states that one country after another is acting in lockstep, attempting to ‘flatten the curve’ by locking you down and putting you out of business. Then the vaccines came but, contrary to general belief, did worse than nothing. We in the West adopted the Chinese way of suspending our freedoms.
Gold analyst, Jeffrey Christian, believes it is clear the world is shifting towards higher gold prices.
Bullion analyst, Nick Barisheff, gives a call that will cause even our in-house gold loon, Nigel Somerville, to spit out his cornflakes. He is, of course, talking his book.
Analyst Gareth Soloway believes that Bitcoin will survive and thrive but it’s likely to correct further as there is still much irrational exuberance in the crypto space. He argues that the current pattern is more likely to break down.
Investor, Lawrence Lepard, states that Russia’s actions will likely drive the price of gold, as we’ve reached a tipping point not unlike in the 1970s. Putin is hitting back economically: the theft of reserves was a clear warning to many countries. Thus, the Ukraine/Russia conflict is not only military but economic.
Asset Manager, Michael Piepenburg, is quite clear: we are at a turning point when it comes to the death of an Empire, that is to say, America.
This is a very long podcast, covering: Optibiotix (OPTI); Skinbiotherapeutics (SBTX); Kefi (KEFI); Bluebird (BMV); Ten Lifestyle (TENG); CakeBox (CBOX); Deepverge (DVRG); Petropavlovsk (POG); Eurasia (EUA); and Amur Minerals (AMC).
This is something that the faux Conservatives running the UK should be watching.
At last we Austrian economists can see that our dire warnings about the thief in the night will be vindicated. But if you think I am gloomy…
The failure of twitter to clean up the sort of filth that makes it a sewer relates to this tweet.The matter of unusual prayers is discussed at the end of the podcast. The diary date is for THIS EVENT and the I chat about the 3xs, not my ex wives but the sources an investigative journalist needs. One 3x was in touch on Friday ….
In today’s podcast I look in detail at Deepverge (DVRG) whose CEO Gerry Brandon is a 100% arse and whose most recent RNS is utterly deceptiive. I also look in detail at musicMagpie (MMAG) where a placing will be messy but is a slam dunk cert if the Fat Lady is not to make an appearance and at Cineworld (CINE) which remains a slam dunk short.
Analyst Don Durrett says that it is fear that will get gold racing away. And he can see plenty of fear on its way.
Okay, Kevin Wadsworth and Patrick Karim are chartists but let’s not hold that against them. Their calls are dramatic and bearish.
There was no Bearcast yesterday as I was a) knackered after a tough Rogue Bloggers for Woodlarks training walk and then b) a bit pissed after Ireland’s triumph over the infidels. You can now donate to the 2022 Rogue Bloggers walk on June 11 HERE. In today’s podcast I discuss Optibiotix (OPTI), a long chat with Steve O’Hara and an, in my view, mistaken, but for him massive, call by Lemming Investor. I also cover SkinBiotherapeutics (SBTX). The Russia/Ukraine podcast I refer to is HERE
Again I present this as a counter view to a one way traffic in the MSM. I can’t say that I agree with all of what follows. Libertarian commentator Tom Luongo does not hold back. For starters he believes social media should be reserved exclusively for puppy and unicorn videos. As a hardcore libertarian he believes in human rights and is therefore against war as a matter of principle. Wars support the state and they are the worst possible outcome of human interaction. He says that the Ukraine war is full of disinformation and bias from the media and as always the first casualty in war is the truth and that Russia appears to generally be less biased in its reporting. The Russians feel this is the least bad action they can take regarding Ukraine at this time.
Precious metals dealer Patrick Yip is clearly talking is own book but is, I think, correct in suggesting that everything is becoming more expensive and we see that in the one year performance of most commodities. The US Consumer Price Inflation (CPI) report of 7.5% seems to be very understated but this rate of inflation alone would remove 35% of your purchasing power in five years.
All credit to Palisade Radio for this podcast with Peter, a chap on the ground in Russia in St Petersburg. You will not hear or see this sort of thing in the mainstream media as we now hear only side of the conflict and anyone suggesting there may be another point of view faces a firestorm of hate. Peter has a background in economics and finance while also being a private investor in both stocks and cryptocurrency and was just old enough to remember the collapse of the Soviet Union and recollects the emotions of family during that time.
Bullion manager Stephen Flood says his company is seeing a lot of demand due to inflation concerns. The broader consumer base is not interested in buying gold but he expects this will change. He claims that we’re seeing seven percent inflation and it’s likely much higher. It’s not going to take long for money to halve in buying power.
Forget Ukraine it is not the real driver of the bull case for gold. Analyst Keith Weiner explains what is and why the makes him a gold bull.
This podcast covers Trevor Brown, Braveheart (BRH), today’s shocking warning, Remote Monitored Systems (RMS)/Nanosynth (NNN), Peterhouse Corporate Finance and why AIM Regulation needs to say that enough is enough and bring this sordid shit show to an end.
Analyst Mark O’Byrne is puzzled by gold’s lack of reaction to current global risks. He says that the metals should have moved higher in response to inflation. Supposedly, they are anticipating rate hikes but a large move seems unlikely as that would crash the markets. Inflation is not transitory and we’re just seeing the start of it. He expects weakness in the short term for gold as Fed takes some sort of action. Then he says that within a short period afterward, we will see gold break to the upside.
I guess you are all feeling a bit shafted right now and are wondering who to blame and what to do next after today’s debacle. Contrary to what you might read on certain Bulletin Boards I do not celebrate the pain of most Omega Diagnostics (ODX) shareholders, just those who abused and insulted my 100% accurate warnings of the bailout placing and other matters. For those chumps, it is schadenfreude all round. So what should you, as an Omega shareholder, do now? I answer that question and them discuss the legality of my reporting and indeed the morality of the reporting plus I explain exactly who shareholders should be angry with on a number of matters and why. Enjoy. My regular daily podcast, behind the paywall, will go live later today. If you are not yet a ShareProphets subscriber and do not want to get caught out again as you have been today, you can rectify that HERE
Author and journalist Larry McDonald writes about global political and systemic risk and how to make money from it. He starts his bear thesis with assessing how dangerous the extreme leverage within ALL markets has become.
Asset manager Kevin Smith warns that the Fed has lost control of inflation, equities are bound to fall sharply and you just know where to go to save your wealth!
Without making a specific call, analyst John Roque makes gutsy bold points worthy of note and the short equities/long gold long energy stocks short tech thesis is at the core of what Roque says.
Writer Jesse Felder warns that equities have NEVER been more overvalued but that gold offers a … golden opportunity to get rich
This podcast contains reference to various chats with Lucian on the markets, millennials and on Cake Box (CBOX) after yesterday’s bearcast & the Maynard Paton expose. I discuss what Trustpilot says about the company HERE and Lucian’s road trip to do more due diligence. Re Lucian I also discuss other big blowups that will happen this year and bitcoin. Then there is Amigo (AMGO), Chill Brands (TOAST), MyHealthchecked (MHC), Novacyt (NYCT) and Argo Blockchain (ARB) in light of today’s NFT nonsense but also the collapsing bitcoin price.
Another one to annoy our in-house bitcoin loon Jimbo although I sense that this particular sinner is somewhat repenting.
Asset manager, Egon von Greyerz does not mince his words. There is no fence sitting here. He argues that systemic risks are increasing but the general investor does not appear concerned. No one knows the size of the derivatives markets but it’s likely in the quadrillions. Egon points out that sovereign bonds make no sense for investors since the only way they can be paid back is with more money printing, hence they are extremely poor investments especially when you consider the dismal returns.
Some folks talk of how this will be an inflation-fuelled roaring twenties as if inflation is a good thing. But, as I explained in Bearcast yesterday, history shows how it rips society apart. The poverty it causes for many is an evil. Doug Casey, the libertarian author and speculator, follows this theme in the latest podcast from Palisade Capital. He may be more eloquent than I, certainly he delivers fewer “ers”.
I cannot help but think that unfolding events in the Ukraine are going to be positive for both gold and oil in the coming weeks. But that is not the thesis of analyst Steve St. Angelo of the SRSrocco Report. Steve seeks to show how energy can impact the price of gold and why it essentially sets a floor for the metal. He argues that the foundation of our global economy is the cost to produce goods and there has to be a profit margin: Everything has a margin but unfortunately, investors often forget this factor when evaluating charts.
I run this to annoy both our in-house crypto loon Jimbo but also gold loon Nigel Somerville. But Andrew Gilbert who makes the call is a chartist so, almost certainly, wrong.
Chris Rutherglen is a chartist so feel free to ignore everything he says but just to keep Nigel happy out there in freezing Montana at the log cabin with only the Unabomber on the next mountain to chat to …
Ex broker and commentator Bill Holter of JSMineset makes it clear: inflation is unavoidable and that must send gold higher.The process is already underway.
I name all those shareholders or their BB or Twitter names that Union Jack Oil (UJO) is using shareholder cash to troll in a most thoroughly unpleasant way as I exposed yesterday. I also comment on THG (THG), Cineworld (CINE), Tintra (TNT), Versarien (VRS) and then on the bursting of the Covid testing bubble with particular reference to Omega Diagnostics (ODX), Avacta (AVCT) and Novacyt (NCYT) which has its own BIG question to answer. Plus, of course, MyHealthChecked (MHC). I reference vaccination and covid rates in Israel in the podcast which is covered in more detail HERE.
Perhaps the world’s best known resource investor Rick Rule is, of course,talking his own book but now he has retired from Sprott he claims he can speak more freely than before. The joys of being unregulated. Don’t I know it!
Will Joshua ever make it back to school? There appear to be suggestions that Wales’s bone idle teachers will postpone his education in why white privilege makes him an automatic victim by yet another day. In the podcast I discuss why Cliff Weight is wrong about share options, the Chill Brands (CHLL) spoof and then took a detailed look at AIM China play Univison Limited (UVEL) which looks tome to be a zero. Have you looked at what this loss making indebted POS spunked £949,000 on during the first half? In signing off on interims,Nomad Spark Advisory is ‘avin’ a bubble.
Analyst Bob Coleman from Idaho Armored Vaults is a precious metals bull.
Analyst Jaime Carrasco of Canaccord Genuity is still a gold bull and here’s why.
Analyst Steven Van Metre has a stark warning for us all.
In today’s podcast, I discuss Christmas cheeses past and present, Bluebird Merchant Ventures (BMV), Guild E-Sports (GILD), Boohoo (BOO), Ince Group (INCE) Supply@ME Capital (SYME) and Eurasia Mining (EUA).
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