Photo article: it's grim up North as Lucian ramps up the training

It is slowly dawning on Lucian Miers that 100 miles is a long way to walk and thus he is cranking up the training as you can see below. Having moved to the grim North (Yorks) there is much bleating about the cold, rain and wind. But it is for a good cause.

Lucian at 93% of target fundraise on his 63 mile walk for a great cause

I said that last year was my last year of doing a Woodlarks walk and, persistent, health issues mean that is very much the case. But Grandpa, aka Lucian Miers, and reader Nick (a bit of a health Nazi, between you and me) are made of sterner stuff and are doing a 100 km, or as you and I would put it 63 miles, sponsored walk along with members of Lucian’s family. The cause is one I support for personal reasons - they have now raised 93% of the target.

Thoughts on Short Selling in the Post-Covid World and some safe targets

The debate raised in a Bloomberg article by Matt Levine about whether fundamental analysis was an eighty-year flash in the pan that is now over (and taken up in a recent bearcast by Tom) is fascinating.

Video: The Economy is in Shambles, But Metals Are Still Heading Higher, silver to $100?

Asset manager David Brady is a bear after the heart of our own Nigel Somerville.

A checklist of share price doom from Evil Banksta as he prepares for a luxury break

Thanks to the chaps at Belluscura (BELL) Evil Banksta is able to enjoy another luxury break starting shortly. As he checks into his five star accommodation he will no doubt tip the staff generously and as they say “thank you sir” he will, as is wont, say “no, thank Adam Reynolds, he always pays for everything.” Before Liverpools’ greatest numbers man since Ken Dodd jets off, he leaves a checklist of doom, short positions where he sees an inevitable share price collapse with the reasons why:

Video: Warning of Wealth Risks in a World of Financial Jenga, buy gold but sell bitcoin

Bullion dealer Egon von Greyerz of Von Greyerz Gold Switzerland is talking his own book but is one of those folks who is so bearish about the world you almost want to give up. He is concerned about the current state of the global economy, noting mounting national debts and potential for war as the two primary factors adding to the world’s chaos. 

Toyota/Tesla Pair Trade will be Home and Hosed by the Emperor's next Birthday.

Hats off to PABaker for correctly answering my little quiz on Thursday to celebrate the Emperor of Japan's birthday The two unnamed companies were indeed Toyota and Tesla. Despite a much lower market value (the gap is closing fast) Toyota boasts much higher revenues and profits and also has the advantage of not being run by a sociopathic drug addict.

A Fitting Birthday Present for the Heavenly Sovereign

Tomorrow the Emperor of Japan, Naruhito, celebrates his 64th birthday. It is a national holiday. The gift from his stock market which will be closed has therefore arrived one day early. Today the Nikkei 225 index ripped to its all time high, finally overtaking the 38957 level last achieved 34 years ago when he was in his twenties, and of lot of readers were probably not even born.

Video: Gold and the Return of the Banking Crisis

Some folks I respect suggest that we are on the verge of part three of the Great Financial Crisis with banks at the heart of it. Maybe I will not buy any shares in NatWest Group (NWG) after all. Analyst Sam Lawrie is among those warning.

Video: Excessive Borrowing and Money Creation is Delaying the Inescapable Depression

Former asset manager Peter Grandich believes that the much-anticipated recession hasn’t yet arrived due to rampant money creation and continuous borrowing. He challenges the Bureau of Labor Statistics’ data, believing its reported market conditions to be milder than reality. He spotlights the increasing number of Americans relying on food banks, living paycheck to paycheck, and articulates his belief that an impending recession is not a matter of “if,” but “when.”