Gold, Oil & Indices (Equity & Bond Indices)

Yes if 391 is broken, 354 or 341 beckons.

Yes within $2 of my symmetry target at 395. No regrets, I have margin well occupied.

Bank management competence--I will believe it when I see it.

One of the things I blame Maggie dreadie for is her breeding of the thatcher yuppie--go get what you want at the expense of anyone, make loads of dosh, kill yer grandma if necessary, a 30 day training course in business consultancy will make you an expert, we don't need industry anymore, we shall be a nation of service providers, London financial centre will be our golden egg.

I noticed this era also coincided with the american culture for network marketing and pyramid selling which started to gain a footing in the uk. By the early 90's high street banks sacked all their experienced business managers and employed whiz kids who knew f*all about anything except skamming. Now we have seen the results of this which I predicted way back along. The country is completely incompetent in the financial sector and they don't even understand why. Your average bank manager has no idea how to assess a new business so they don't lend to avoid the embarrassment of revealing their inadequacies.

Of course subsequent politicians and leaders simply made matters worse. Can't blame Maggie for everything. To be fair to her she was a very remarkable woman in many ways, shame she was misguided on the macro strategy.

The only hope for UK to climb out of the proverbial merde is to encourage new start ups, entrepreneurs, the sciences. There is no sign of this, quite the reverse. Large companies do not generate jobs, they are generally negative on employment through efficiencies and automation. Small companies are the future, lots of them.

I have to say RIP Maggie, you tried very hard and did what you thought was right at the time. Most politicians fail, they take a problem and make it worse, that is what politicians do.

Georges Le Coeur de Lion. Spot gold I see 1289/1307 cluster in our future. Next cluster below 161.8% at 1150 would surprise me. 100 MMA at 1035, c'est possibla. Ideally would like to see a few days ret first. Bon chance.

i still remember i saw a mini tiger drag a trolley gold bars to bank cash it just before record high.