UBS

91 days ago

UBS – gold could hit $4,000 this year but target is $3,700

So it is not only folks living in Montana log cabins and existing on a diet of baked beans while ensuring they are fully stocked up with ammo, books by Ayn Rand and Ron Paul DVDs who reckon that gold is heading to $4,000. While Dominic Frisby is sidling up to yet another young lady in a trendy London Bar to ask her if she knows how many bitcoin he owns…

988 days ago

Tom Winnifrith Bearcast: could the US regional banks implode & why hasn't Sharon White been sacked by John Lewis?

I start with a discussion on share buybacks, then turn to the woes of John Lewis and finally look at the US regionals with the charts below wondering whether the banking crisis could, notwithstanding UBS buying Credit Suisse, roll on.

1970 days ago

Eurasia Mining shares unsuspended & soar: pro tem ouzo for the morons, bears burned

Eurasia Mining (EUA) shares were suspended months ago because it was unable to clarify speculation that Chinese Bank CITIC was engaged to try to sell its assets, something it first suggested was happening about nine months ago. Today it clarified, the shares were unsuspended and have rocketed. Its ouzo time for the Bulletin Board morons today but for how long?