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Well this is the Gold Junior list traded in the UK. I had to narrow down which are the best ones, and SOLG was only one that looks like it could be a buy. It was supposed to be several rounds of cutting out stocks so I would be only left with a handful but we were only left with one. We'll look at SOLG more closely as a buy, but I think it is the odd one rather than the start of a trend for gold juniors. IF it is the start of something SOLG might be the leader of this group, and this is the one we need to watch and another leader as a sister stock.

 

gold+juniors.PNG

 

solg.PNG

^The volume spike interests me. RSI is in positive territory. But there is a significant chance that this is a false breakout due to the sector group action and that gold is still in a downtrend (a whisker away from $1400 as I write). And thus, gold may retest the $1300 area if new buyers don't come in to bid the price up.

 

Closed today at 10p, SOLG up 25% so far.

 

HUI down 1.5%, GDX down 1.44%, gold down 0.75%. weird is all I can say. Might be an another entry point if we get a weekly close above 13p.

 

Edit - ah I see why, The Aim index up 1.27% (and it is up 7.9% since deregulation in the beginning of August).

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$(KGrHqJHJE0FIKNC4Tu,BSHIV+7eFQ~~60_58.JPG

 

Cameras And Photography in the Mad Max world

 

Since Jessops went into administration, there aren't many places on the High street to get photos developed digitally and also with the old fashioned 35mm films. Digital cameras have killed the photo industry - think Kodak, Fujitsu etc. Kodak used to call the 35mm films little pots of gold.

 

Today, there is no money in developing photos. In the old days 35mm film would bring in £5 for the retailer to sell the film and £5 to develop. Now with digital there are no two transactions and people are taking hundreds and thousands of pictures of any old rubbish (Quantity Vs Quality) and getting them developed at 5p each. The balance of power is truly in the hands of the consumer - take advantage of cheap photo printing now before it is gone. If a batch goes wrong, the developer takes the hit and has to re-do them all. With 35mm the developer is limited to 27 or 36 shots to re-do at least. Places that still develop 35mm film are few and far between. Some places that purely develop digital have gone under - I can think of KwikPhoto(?) I can't remember exactly. Now think how much a printer cartridge for a home printer costs, no wonder Jessops went under - who can bear these costs?!

 

This has made me look into Polaroid 600 instant pictures as simple way for people in remote areas to get photos taken and developed in one simple process. They don't make Polaroid cameras or film anymore - but a 3rd party does sell the films - http://shop.the-impo...t.com/shop/film and it appears to be a growing business by looking at the jobs section of the website. You pay £17 for a 600 film, which has 8 exposures. Perhaps one could open a shop and solely sell Polaroid cameras and film - and not have to have the expensive developing digital/35mm equipment.

 

This is a free idea, but the 3rd party also sells refurbished Polaroid cameras for about £50-£100 each! You can find many Polaroid cameras on Ebay from 99p-£20 - so there is a bit of an opportunity to do some buying refurbishing and reselling. They aren't making Polaroid cameras anymore!

 

Edit - Having a quick look on Ebay, there is a bid on every 99p auction of a Polaroid Camera- perhaps someone has the same idea!

 

http://www.youtube.com/watch?v=515-EfhXne0

^The value of physical, tangible print! (OK it's Waterworld not Mad Max)

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From the Nokia thread; http://www.greenenergyinvestors.com/index.php?showtopic=17287entry280894

 

http://uk.reuters.co...E98202X20130903

 

Microsoft to buy Nokia's handset business for 5.44 billion euro

 

 

http://www.forbes.co...ngly-low-price/

 

Nokia Sells Handset Business To Microsoft At A Shockingly Low Price

 

 

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Nokia trading at $3.90

 

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I believe there are too many mobile phones out there!

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Closed today at 10p, SOLG up 25% so far.

 

HUI down 1.5%, GDX down 1.44%, gold down 0.75%. weird is all I can say. Might be an another entry point if we get a weekly close above 13p.

 

Edit - ah I see why, The Aim index up 1.27% (and it is up 7.9% since deregulation in the beginning of August).

 

SOLG up 49% to 15p in one day. SPECULATIVE INDEED!

 

And that makes me the leader in the Stockchallenge so far! Whoop whoop! (I had a bad August Stockchallenge).

 

sc.PNG

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SOLG has pulled back a bit, but still in the money.

 

MARL the second place person has this stock has also increased massively.

 

All I know is that these gold juniors (LSE:MARL AND LSE:SOLG) are partnered up with big miners and have gold ounces in the ground. There is interest in this kind of stock in the AIM market.

 

Mariana Resources (LSE:MARL) - Up from 1.5 to 3p Hochschild Mining own a lot of their shares - speculation over take over http://uk.advfn.com/...21922&from=6907

 

Solomon Gold (LSE:SOLG) - 40M ounces+ Joint Venture with Newmont Mining http://uk.advfn.com/...hp3?id=24737415

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These could be super spikes and they will drift back down if no more buyers come in - which I think is quite likely with the gold price where it is right now. One must be nimble I think in these stocks.

 

 

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4th September 2013

 

Aim investors go for gold after Isa rule change

 

One month after investors were first allowed to hold Aim stocks in tax-free Isas, it has emerged that gold miners are among their most popular choices.

 

 

....The most popular gold stocks bought for Isa portfolios in August were Condor Gold, Amara Mining, SolGold and Red Rock Resources. All four stocks have made considerable returns over the past month, with Red Rock Resources up 205pc, jumping from 0.4p to 1.22p....

 

http://www.telegraph...ule-change.html

 

The comments are interesting after the article. "Ex-NHS Surgeon" posts something pro-gold. I wonder what the price of gold will be one day when "Ex-Taxi Driver" posts (and the time to sell).

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The bottom feeder jobs market is tough in the UK.

 

Currys interview 'humiliation' as graduate 'made to dance'

 

 

http://www.bbc.co.uk...-wales-23972952

^Watch the video at the link.

 

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Even if he got the job, down the line....

 

http://www.youtube.com/watch?feature=player_embedded&v=izOIOvguncU

 

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On the Stockchallenge, keep an eye on OWLS OF LAUGHTER. I have noticed he or she is very consistent each month with their picks, always getting into the top 10. I shall be analyzing each pick later - we can learn much from winners and players who are better than us. Robert Kyosaki (of Rich Dad Poor Dad) writes, if you want to be successful you must learn from those who are already successful.

 

owls+of+laughter.PNG

^Each pick is in profit. Being a winner, and being a consistent winner must be the Holy Grail.

 

 

http://www.youtube.com/watch?v=sqXYK8HMszI

^Apparently Owls can laugh, but there are no decent videos on it, so you'll just have to make do with these.

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Don't forget to take some profits on those Low priced resource stocks.

 

There's an old rule: "When it doubles, Sell half."

 

It might be worth using it when you see those big moves

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I just noticed that I finish this week with double digit gains - but it is early days so far.

 

 

owls+weekly.PNGHere are the weekly charts - I cannot see at a glance some obvious technical correlation to this persons success. The picks are from different sectors, they don't happen to release news statement at the beginning of this month. If anyone can spot what it is please say!

 

This the daily versions of the charts below with a shorter time frame;

owls+DAILY.PNG

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Thinking back to the Dr Wolstencroft's interview about how people who own property in London might be smug (you know bought a house for £200,000 now it's worth £5m) ;

 

Certainly some people live on a different planet; There is actually a Youtube channel dedicated to Supercars in London and not only are they supercars, they are CUSTOM super cars.....

 

http://www.youtube.com/watch?v=AIezVQJWCSw

 

http://www.youtube.com/watch?v=IKiOF9eMhmI

 

The Channel, there are some 600+ videos;

http://www.youtube.c...oflondon/videos

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Supercars are Easy Targets - for lots of mischief, including taxes

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I think their money comes from oil rather London property. When I look at some of those videos I can see most of those cars have Arabic number plates. The camera man is able to follow the same car day and night so I'm deducing the Youtube channel is a Arabic Oil baron as well. That's good news I m sure they are buyers of gold too during a dollar crisis, according to the film Rollover.

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Okay - then higher taxes might be very popular, and easy to justify the British taxpayers

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Rhodium (Don't think there is actually a thread on this?) Another idea.....

 

Rhodium, near 9-year low, to fall further

 

Aug 2013

 

Traders say these stocks are helping to keep prices low as investment has picked up. Inflows into Deutsche Bank’s rhodium exchange-traded fund (ETF) have amounted to 21000 ounces since the beginning of April, increasing its holdings by more than a quarter, but prices have not reacted.

 

https://www.newsday....o-fall-further/

 

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rhodium.PNG

^Rhodium Snapshot

 

rh1825lnb.gif

^Rhodium 5 year live chart

 

This time around, there is a physical ETF http://www.bloomberg.com/quote/XRH0:LN - I don't know about the costs/contango - so it may not be a good long term hold this time.

 

I take not a lot of people know about XRH0, it doesn't come up on some of the free chart/quote packages. XRH0 is traded on the London Stock Exchange.

 

Maybe if one had some "patient" money lying around, tuck £1000 away for 5-10 years. Downside - worst cast it might be worth £500 (with no stop) if Rhodium fell to $500, up side it will be worth £10,000, that might be a good risk/reward ratio. But I don't know WHEN this will happen! With a stop, one could see if the $1000 level holds to improve the risk/reward ratio massively - I think the odds that the $1000 level holds are better than 50/50 but I don't like to call bottoms usually. But do your own research.

 

The physical Rhodium is stored in London and administered by Deustches bank - so there is of course counter party risk, possible liquidity issues, and government comandeerment.

 

Oh and will someone remind us, to short this one on the down side in the next bust cycle! Look how it didn't hold $10,000, 9000, 8000 etc, each potential pivotal point was sliced through.

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Going alongside the "Razor blades, the ultimate trade"; we have toilet roll.

 

An interesting listing to which we will revisit in a couple of years.

 

http://www.ebay.co.u...=item2a1f839ea9

 

2880 toilet rolls for £444.80 - free delivery. 2ply 200 sheets per roll.

 

Now I don't know how much room 2880 toilet rolls will take up - probably a lot of room (the seller does sell smaller quantities), but never before has the average person had such easy access to trade prices.

 

£444.80 / 2880 = 15.4p per roll.

 

Assuming you might get through 4 rolls per week, that is (2880/4)/52 = Just over 13.8 years supply.

 

 

Is your paper money going to keep up with the value of toilet roll in 13 years?

(Bashers will say, you can it eat it)

 

I think it is easier to see "value" in things that you use day in day out, and that you must buy week in and week out. On the most basic level, this kind of "hedging" and "trading" is much easier than try to see value in gold, platinum, rhodium etc. Who knows what is "cheap" unless you are a industry insider.

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These "Bargains" allow me to see the value of... Cheap storage space.

 

It is a precious commodity in Hong Kong

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THere are many local storage co's in HK, and some are very successful

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Collect rent on empty space. Who would have thought it would be so profitable. OH - I want to be a rent seeker! :lol:

 

hqdefault.jpg

 

http://www.investope...rentseeking.asp

 

Definition of 'Rent-Seeking'

 

When a company, organization or individual uses their resources to obtain an economic gain from others without reciprocating any benefits back to society through wealth creation.

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A wonderful way to start a first class Traders Library

 

Where's FREE CAPITAL ?

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