IFISAcava
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Post by IFISAcava on Oct 25, 2023 21:32:54 GMT
I have been buying some gold but also Uranium by buying shares in Yellow Cake (YCA). For a little while up until the Israel situation gold was more of a play on the Cable rate. However I took small punt on Uranium 2 years ago when Yellow Cake had a share offer and it has gone up 2.2 times, much better than gold so has been getting my interest. Recently I decided to increase my holdings because of the Niger situation cutting off a lot of Europe’s Uranium supplies and also there is a deficit in supply compared to demand which is only predicted to get worse. There are a number of articles on this but this one explains it well. pracap.com/the-bigger-short/For a few months now after the Niger situation it has been going up well but with a recent consolidation although started to rise again. The only way I can find to buy uranium except buying miners is YCA as I can’t buy Sprott in my ISA or SIPP but YCA has no stamp duty and a small spread, it usually trades from a 5% discount to a small premium but like most shares in the UK is struggling so at an 11% discount but still doing well. Anyone else been looking at this and if so what do you think? I have a small punt in the Global X Uranium etf (URNG) - but it's a more general Uranium-related fund rather than holding Uranium per se (although it does have some Sprott in it).
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IFISAcava
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Post by IFISAcava on Oct 18, 2023 14:21:41 GMT
And if you use Invest Engine, not only is it free to trade and to hold, if you order before 2 pm, they will trade same day.
Should also say that Trading 212 is a similar no cost option, with a bit more control over orders eg can make limit orders, and not limited as to time of trades.
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IFISAcava
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Post by IFISAcava on Oct 17, 2023 16:20:56 GMT
time to link to the excellent Monevator comparison of UK brokers/online platforms again. monevator.com/compare-uk-cheapest-online-brokers/Invest Engine will charge no custody fee and no dealing fee for buying a cash etf on its list. I have CSH2 via them.
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IFISAcava
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Post by IFISAcava on Oct 12, 2023 14:23:46 GMT
Back? They are the second largest party ... now 7 MPs. I didn't mean the real Tories. The SNP were always called the Tartan Tories, until they transformed into a progressive party - some might say as the only way to win power in Scotland to advance their nationalist aims. The fact that an SNP defector goes to the Tories rather than Lab or Lib suggests to me that they might still be the Tartan Tories underneath.
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IFISAcava
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Post by IFISAcava on Oct 12, 2023 13:00:54 GMT
MP Lisa Cameron defects from SNP to Conservatives. She said she quit because of a "toxic" culture in the party Westminster group.
Out of the frying pan, or rats deserting a sinking ship
Tartan Tories are back?
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IFISAcava
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Post by IFISAcava on Oct 9, 2023 9:24:41 GMT
not necessarily; an early (extremely aggressive and threatening) statement of his suggested that each lender could be jointly liable for the whole amount of damages/costs and that he would take some pleasure in going after them and bankrupting them. Which would be preposterous. Thankfully I think (and would love to have it confirmed by somebody who actually knows) that it's no the plaintiff who gets to set costs / damages even were he to win. But then again "the law is an ass" is an expression for a reason. Costs are costs i.e. in theory you get back what you spent if you win insofar as you can evidence or justify them (in practice you get less, maybe two-thirds, because the Court moderates them). When a solicitor is representing and charging themselves (as here) it gets messy, but clearly the costs will be inflated (he has suggested his will be in the order of a million quid plus - now THAT is preposterous for a few hundred thousand debt) and then they will be argued about.
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IFISAcava
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Post by IFISAcava on Oct 9, 2023 1:00:49 GMT
Worst case is actually MORE than everything: he wants all the money you invested and damages/costs on top (and costs will potentially be HUGE as he is representing himself so has little incentive to keep costs down). Split between a fair number of people (hundreds) and companies and presumably in proportion to the initial investment.But it would never be allowed to happen. EVEN the FCA would step in at that point me thinks. not necessarily; an early (extremely aggressive and threatening) statement of his suggested that each lender could be jointly liable for the whole amount of damages/costs and that he would take some pleasure in going after them and bankrupting them.
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IFISAcava
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Post by IFISAcava on Oct 7, 2023 19:25:47 GMT
Apart from not being repaid, what's it gonna cost me if this c**t wins (however unlikely) ? Best case nothing. Worst case everything. Likely case? Who the bleep knows. Worst case is actually MORE than everything: he wants all the money you invested and damages/costs on top (and costs will potentially be HUGE as he is representing himself so has little incentive to keep costs down).
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IFISAcava
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Post by IFISAcava on Oct 6, 2023 11:42:36 GMT
The underlying issue is that he refuses to give his home address so that it can't be checked as a potential security for costs in case he loses. Forgive the ignorant question, but how can he refuse this? Because so far he has managed to get away with it? Because UB lawyers missed a trick? Because they were saving it for later? Who knows. Anyway, he can't refuse now.
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IFISAcava
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Post by IFISAcava on Oct 5, 2023 15:06:30 GMT
Was there any indication of when Unbolted's application for the claimant to pay £263k as security will be heard? If this was to be accepted it would probably bring the case to an end without the need for a trial. I missed that - however, if he gives his home address, and he has enough assets, that application might not be pursued. Of interest was the suggestion by Unbolted Counsel that he was borrowing money specifically to fund all his different court cases. Why else was he borrowing the money, they asked; you don't just borrow several tranches of £25,000 without a reason - so what was the reason? Although if he does have a lot of ongoing cases, then there might be a lot of potential calls on his house, so they may still want security over costs up front. Maybe Mousey heard that bit?
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IFISAcava
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Post by IFISAcava on Oct 5, 2023 14:32:13 GMT
Why would the lack of a residential address be an issue? The claimant has submitted 14 witness statements so far; I'm not going to go through all of them to check, but as far as I can recall in all of them he provides his business rather than residential address. It seems odd that this would suddenly be an issue? that's exactly what his Counsel said. Judge heard that and decided that just because last 13 didn't include it didn't mean it didn't now breach the guidelines for a personal rather than professional witness statement. Any personal statement must have a residential address by law. The underlying issue is that he refuses to give his home address so that it can't be checked as a potential security for costs in case he loses.
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IFISAcava
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Post by IFISAcava on Oct 5, 2023 14:18:56 GMT
@mousey Was there any mention of contempt of court proceedings given that M**** blatantly lied in his most recent witness statement? I have no idea about "Law", but that is a good question I would think. Surely if a signed statement on a very serious matter is subsequently proven to be blatant and false then the whole case gets thrown out?How do you believe anything else presented as "fact"? Or, as you say, contempt of court or something thrown at them at least? Am I the only one that thinks "justice" in this country is a farce, and lurches all over the place. Counsel for Unbolted did tentatively suggest that one would need to take this into account when deciding how much weight to put on the statement. Judge asked Counsel for Claimant if the alleged assault played any role in the pleaded case, to which the answer was no. I wouldn't be surprised if this was brought up again at trial. Problem is that the statement has been ruled inadmissible due to lack of residential address, so might be difficult to then use in evidence.
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IFISAcava
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Post by IFISAcava on Oct 5, 2023 11:07:28 GMT
TBH, the title of this thread could have been changed. There’s nothing else for me to cash out from his overdue loans since this Saga brought by the claimant. A trial date? When’s the repayment date? My main question, if there’s a contract in place to sell the pawns when borrower can’t repay, “what” exactly is stopping unbolted to sell? Trial date will be at least a year away - a window of (from memory) Oct 2024-Feb 2025. No prospects of an early settlement it seems. So I would not expect any repayment for 2 years (or more - allowing for enforcement and/or appeals if Unbolted win). Regarding the last q, there is an agreement not to sell while litigation is ongoing. Interest is accruing though as far as I understand (not sure what rate, and not sure if that might also be argued during legal proceedings).
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IFISAcava
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Post by IFISAcava on Oct 5, 2023 11:00:29 GMT
Are details of the "scandalous allegations" allowed to be reported? I can't see why not - it was read out in open court; see my previous post. Allegations of serious assault and near death.
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IFISAcava
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Post by IFISAcava on Oct 5, 2023 10:59:05 GMT
vindhi - There was not discussion of that although it was noted that the statement was accompanied by a signed statement of truth registerme - yes, I intend to accurately and fairly report what was said. This will be much easier if/when I receive the document concerned The problem being that the statement will be resubmitted with an instruction from the judge to remove the irrelevant and scandalous bit relating to allegations of Mousey's vicious treatment of him, which is further alleged to have been at the behest of Unbolted's directors. Unclear if this invalid statement (without a residential address) will remain on file I suppose. The relevant incident that the Claimant alleges nearly led to his death is on a You Tube video: www.youtube.com/watch?v=leDWgbFJPh8The judge was invited to view this. Why not judge for yourself. Mousey, I hope I am not stealing your thunder (or worse) - tell me and I will delete this if so!
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