Silver linings

Silver linings

Image Copyright Sunday Times It may all be rather embarrassing but the fact that the Government is floundering shows at last just  how difficult leaving the EU was always going to be. In fact, the complete break that a dwindling band of zealots still crave looks...
Let it snow, let it snow, let it snow!

Let it snow, let it snow, let it snow!

‘Oh, the weather outside is frightful But the fire is so delightful And since we’ve no place to go Let it snow, let it snow, let it snow’ As I am sure almost all of you know, the above lyrics form the first verse of the popular Christmas song “Let It Snow!...
Cryptocurrencies: faites vos jeux!

Cryptocurrencies: faites vos jeux!

Rouge/Noir, Pair/Impair, Manque/Passe? Staking money on whether a cryptocurrency will go up or down is, to put it mildly, like gambling. However, there is growing evidence that professional traders are muscling in and there are likely to be two consequences, neither...
On the bus, off the bus!

On the bus, off the bus!

Sterling enjoyed a festive uplift yesterday, but it was short lived. Yesterday the market jumped when it looked like there was a Brexit deal to be done, Sterling strengthened and for a brief moment the star shone brightly, and the wise men knew which way to go. But,...
Randgold Resources Limited: still digging gold

Randgold Resources Limited: still digging gold

‘Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold’ – Leo Tolstoy In a week when apparently the bitcoin implied market value bested that of Coca-Cola (KO in New York) my thoughts drift back towards gold. The...
The big story remains…the UK

The big story remains…the UK

‘Between September 2015 and October 2017, the proportion of the portfolio’s revenues derived from the UK increased from 41.9 per cent to 55.5 per cent’ – Financial Times quote on Neil Woodford’s flagship £8bn equity income fund The lengthy interview in the...