Gold price, now $4,380.
My reckoning is that Trump's tariff barriers imposed on imports are to react to the overvaluation of the USD. As far as I understand matters nothing that has developed over the last twenty four hours affects that assessment. This means that gold is still cheap at $4,380.
4 hours ago1 min read
1 day ago1 min read
Hargreaves Lansdown's fee grab
Hargreaves Lansdown are imposing an appreciable all round fee rise. I am not entirely surprised since many savers open accounts at HL without taking into account long term considerations. I think that investors should enter into long term contracts since 0.25% p.a. of the portfolio value does not seem a lot but it certainly adds up over the years where the only cost to HL is the rolling audit programmer to meet HL's custodianship obligations. The only other firm that comes ac
2 days ago1 min read
Muslims in Trafalgar Square
It is apparently the case that to mark the end of Ramadan about four hundred Muslims assembled in Trafalgar Square and knelt over facing the National Gallery whilst presenting their bottoms to the camera. It is said that Sadiq Khan declared that this would be OK. This amazes me and I reckon that some sort of apology should be offered by the persons in charge of this obtrusive display.
4 days ago1 min read
