Re: Premium Bonds
Originally Posted by
Muddy
->
Realist do you think that we are coming to the end of a Bull market ?
No. Actually we're just coming out of one of the worst bear markets for a long time. For the past 4 to 5 years many stocks have been decimated, particularly energy related stocks, oilers, miners and the like whether that's mining coal or metal ores or gold etc. A lot of stocks have rallied in the past year or so as they gain favour again. Much of that is to do with the situation in China and their on going plans to develop at a massive rate and thus their need for iron ore and other resources.
So bull runs are just starting for many stocks but it is still early days. You have to be lucky to catch one of these stocks at the right time because they rise quickly when they go.
In the USA Trump has said he will revitalise/bring baclk the coal industry. Whether it happens is another thing entirely but his declaring it is enought to get people interested in coal stocks.
The world in general is about to make the significant change to electric cars and the like and that means lots of lithium batteries. So investing in lithium producing companies is probably a good idea.
WIth BrExit happening the UK needs to get more and more energy self sufficient and so I anticipate a lot more companies wanting to drill for oil and gas here. We still have the "vicar of Dibley" village idiots who will oppose fracking at any cost and thus prevent this country from being able to produce its own resources. Morons every one of them who can't see past their own noses. Just look at the muppets protesting against Cuadrilla and at Holmewood.
Deport these people to Europe imo because they sure as hell don't care about this country. The UK is strangled by the need to import expensive energy resources and you can bet that many of these protests are fuelled, funded and attended by those foreign entities.
Thankfully there ARE some good prospects ahead. We have the big oil discovery at Gatwick (The 'Gatwick Gusher'). Company UKOG (UK Oil and Gas) has a big stake there and its share price has been rising a lot recently. There is also the Horse Hill field which has 3 or 4 companies present.
We have oil/gas acreage in the Humber Basin just waiting to be exploited. Probably trillions of tons of Shale Gas down there. In many cases we just need the government to pull its finger out and give the green light to all this but politics being what it is, every government is afraid of losing votes so panders to the imbeciles in the nation. The political situation is ridiculous imo. The basic needs of a country shouldn't be being influenced by petty party politics. We are all going to lose out very badly if we don't get on and exploit our own energy resources which are just sitting there underground.
So, overall, lots of opportunities at present to invest in stocks. The Bull markets are really just beginning but it's been a slow up take. That's because in a Bear market (esp the huge one we have had) everyone is rather cynical and sceptical. Investors have had a few years of unscrupulous traders and "bucket shop" promoters vehemently ramping (over hyping) stocks to sucker people into buying shares that subsequently perform very badly. So now when companies announce new projects everyone remains sceptical and treats it like the boy who cried wolf. Hence the Bull markets haven't taken off in full force imo.
Overall though, the finance fraudsters in the City know that the best way to make money is in "shorting" shares (betting that they will go down not up) and they have the massive amounts of personal capital needed to short stocks using spread betting. They know that the average private investor (the likes of you and me) will mostly not short stocks and that we will instead buy shares hoping that the price will go up. So in the main we DO have to remain very cautious and sceptical.