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Barmy Trump attacks world trade in rage at China

fillyboy said:
I bought in March at £6.26 and was comparing to that, RR was £8.75 end of May.
Click to expand...


Mods if you think these posts are Off topic, please MOVE them to the SM trading thread, rather than deleting them.

I do use RR, but usually this one:
1760181687425.png


You do need to adopt the whoresdrawersian approach to avoid some dips, though.
Korea has been playing ball too:
1760181960850.png


and some of the defense stocks, mentioned this one...
1760182185694.png

which as a single share I've held on margin at 5:1 at times. so the %'s are 5X.
This one has been recent sipp-fodder of course (Can't use margin in a Sipp/ISA)
1760182370308.png


but this is king:
1760182805846.png

It doesn't look uber exciting until you take in that the margin on gold is 20:1.
That means your share bought at 3400 wouldn't be up say +10%, but +200 % = triple your money..
My broker's overnight swap rate is silly high at
-£1.238300 (0.0411%) but only actually amounts to 2% over 50 days. So I CBA to do anything about it.
Not in a protected account though so it's taxed.
Individual stocks can move faster, but I don't think gold would drop off a cliff. China has a lot of it of it though,so they could do something. aggressive.
They're currently breaking Ammurrica's tech, chip, and defence industries by withholding rare earths. They could have a go at the dollar too, like next Monday. They don't hold enough US Treasuries to be overwhelming.

Some of the individual stock like Palantir and Nvidia DO have leveraged versions which you may use in a SIPP or ETF (depending), and the returns for a while have been spectacular. I don't have the nuts to hold those in any quantity.
I have held 5QQQ ( nasdaq x 5) for periods.
3x gold is hairy enough. If it drops in value by 34%, you lose 102% of your money, ie all of it.
It 100 drops 10% you lose 30% to 70, , and you need to get a rise of 42%/3 = 14% to get it back.
 
SPLINE said:
Only those Americans who buy Chinese crap.
Click to expand...
A lot of US businesses depend on China as a supplier. Not just tech but also furniture, clothing - across the board.
Anything with a motor or magnet depends on China, as well as the chips.
Even TSMC (chips) in Taiwan imports Silicon slices, special gasses and lithography materials and equipment from the mainland, as well as those rare earths.
OTOH there's plenty that China can't really get fom elsewhere than the usa on sufficient quantity. Soya, aggri material, energy, chips...


Any one for TACOs?
 
SPLINE said:
Watch as the DIYNOT commies side with China over America.
Click to expand...
America sided with the commies in WW2.
Nations don't have friends, they only have interests.
Trumps America is now a clear and present danger to the global economy and World peace.
 
Vinty said:
America sided with the commies in WW2.
Nations don't have friends, they only have interests.
Trumps America is now a clear and present danger to the global economy and World peace.
Click to expand...
And especially Europe currently
 
Justin Passing said:
A lot of US businesses depend on China as a supplier. Not just tech but also furniture, clothing - across the board.
Anything with a motor or magnet depends on China, as well as the chips.
Even TSMC (chips) in Taiwan imports Silicon slices, special gasses and lithography materials and equipment from the mainland, as well as those rare earths.
OTOH there's plenty that China can't really get fom elsewhere than the usa on sufficient quantity. Soya, aggri material, energy, chips...


Any one for TACOs?
Click to expand...
Also Trump watches, Trump Sneakers, Trump bible, most of what Trump sells
 
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