385 days ago
Back in August of last year nanosynth (NNN) announced, in a grossly misleading way, that it had signed a death spiral with Lanstead “to raise £2,942,500”. I warned at the time that this was fantasy, that nothing like £3 million would be raised and that those responsible ( PR firm IFC Advisory) should be hung, drawn and quartered while AIM Regulation should force a restatement. Nothing happened. IFC told me I was talking tummy rot, the Oxymorons did nothing. And on Thursday afternoon, nanosynth admitted that it faced a financial crisis and its shares collapsed.
621 days ago
In today’s bearcast I discuss Kirsty Allsop’s great macro call, Made.com’s (MADE) looming financial crisis (with a screen grab below from its own website telling you how bad it is), the oil price ( down 25% in two months and falling) and Canadian Overseas Petroleum (COPL) and why it is a zero in 2023.
1633 days ago
Analyst Sam Laasko says that 2015 was the bottom of the bear market for gold, and he doubts that we will ever see those levels again. Gold may retest the 2016 highs over the next month and then head higher by the end of this year.
2266 days ago
I take issue with Malcolm's article of earlier. today His complacency really does reek of mad bull disease. I discuss that and how I am wearing a T-shirt in 17 degree heat - are you jealous? Then I move onto UK Oil & Gas (UKOG) the looming, I sense, not good news from Broadford Bridge, its very real financial crisis and how the shares could well be sub 1p by March. I think Lucian was generous in his earlier article.
2929 days ago
Preceding the financial crisis in 2008, debt was unchecked and increasing by $100 billion a month. The current capital markets are following a very similar trajectory. The USA and Canada have huge debt issues because of out of control government spending. The average person has no idea of the scale of the challenges the global system is facing. That is these thesis of fund manager Jonathan Wellum. He continues...
