Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
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Central banks and governments have imposed financial news reporting restrictions. Officially the banking system is fine, robust with no possibility of contagion. In reality the bond market is about to collapse. Several European banks are in trouble- Italy, Spain, Portugal, Greece ETC. Then stock markets should roll over the cliff edge with a 35% drop.
Ah the PIGS
Several European banks are in trouble P-ortugal, I-taly, G-reece S-pain, ETC. Then stock markets should roll over the cliff edge with a 35% drop.
Not 36%?
Markets don’t care, central banks are once more flooding liquidity back into the marketplace by the trillion, US federal Reserve Balance Sheet rose $300B last week, expect more this week, so despite most banks / financials now being insolvent with unrealised loses on their bonds bought at 0% over the last 15 years, the market has taken this has a strong buy signal, FTSE up 1.5% so far. All financials are now pretty much insolvent without central bank support.
What happens next is anyone’s guess, but as we now have a system that can’t withstand any real loses the eventual destination is hyperinflation.
This is only going to go up, the share price and current sells is a mirage and Market getting rid of weak holders before the next leg up.
It will definitely go up this year. I’ve been holding a long while now and missed opportunities to sell for a decent profit (still in profit though) but always said I’d reassess at the end of 2023. Just need this constant seller to cease for a bit! It’s just not a share price to look at every day, instead just sit back and wait for the big returns.