Gold <200-DMA. Silver <200-DMA.
Gold Miners Bullish % Index = 0.00.
The only other time miner sentiment hit absolute zero was the Dec 2015 bottom — right before lift-off.
Peak pessimism, meet contrarian. In Gold We Trust. 🥇
#gold #silver #goldstocks ht @B@Brien_Lundin for the chart!
@catdeans@christopherhope@denbypottery The Labour government does not seem to care about British industry. If it did it would do something about its habit of adding more big cost rises to company balance sheets. Is has taken the wrong approach to nearly everything
Sergej Jakirović – “I only had one task before the season, to stay in Championship… I failed.” t-shirt now available. https://t.co/UVqzgPzG8M #hcafc#hull
I hope Messrs Starmer, Reeves & Kyle were listening to NEXT'S CEO Lord Simon Wolfson talking to BBC'S Simon Jack about employment. If the government does not deal with NIC, spiralling wages & employment laws, Government can say "toodle-pip" to growth. 16-25 yrs 16%+ unemployment
Funny how the Norwegian fields adjoining the UK ones are rich enough to redevelop and, apparently, the UK ones are not.
If the government stopped banning, taxing and red taping the UK side, it would be a simple matter of letting commercial developers decide whether there are enough resources to make it worth while tapping, rather than idealistic and commercially clueless politicians.
VAT on private schools. Sounded good. New report says cost Scottish econ 900 jobs, £60m and counting. Pupil numbers down 9%. If this was social engineering it's working. If money raising, not so much.
Rather than tackling the upstream causes of UK inflation in energy, land, and capital markets, successive governments have sought downstream programs to manage the fallout. Sustained higher economic growth won’t come until that focus changes. My thoughts in today’s @TimesBusiness https://t.co/oVzSLPmJLN
Finally, something interesting is happening with Bitcoin.
Yes, I know the world's been a bit crazy lately, but Bitcoin's been chilling like a mullah in a secure bunker.
It's now forming a nice resistance line, which marks the level where the the big selling began in Feb.
Berkeley were the last big builder still in the London market. The fact we’ve managed to kill viability in the place that most needs houses is extraordinary, and utterly damning.
@AvantiWestCoast delayed over one hour into Liverpool in a carriage with no air con. No water or refreshments offered just commentary on some ridiculous decor. Really poor value for money.
The head of M&S has accused the government of driving up the cost of energy bills for businesses amid mounting concern about the impact of Iran war
Stuart Machin said government levies now account for half of his company's energy costs
'Over the last few years the 'policy costs' on our energy bill have skyrocketed
'These are the tariffs that government place on our bills to fund their policies, and have nothing to do with the price of oil or gas. They now make up over half our bill. It's just not sustainable for UK businesses'