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Make Money from Narrowing Discounts on Trusts

Make Money from Narrowing Discounts on Trusts

We are starting to see the discounts on the listed investment trusts and closed-ended funds narrowing. It might appear to be a modest improvement so far, but it’s an improvement, and when these things start, they tend to keep going. With the FTSE 100 Index making an all-time high,

What Are Commodities Telling Us?

What Are Commodities Telling Us?

Looking back five years, a picture emerges, which clearly shows how commodity prices remain higher than in the pre-pandemic period. Gold benefitted from the monetary stimulus, while oil and copper suffered during lockdown. Then came the war, a time we associate with the surge in the oil price, but the

Emerging Market Internet

Emerging Market Internet

In last week’s flash note, I highlighted the opportunity in Emerging Market Internet Stocks and the ETF that tracks them, EMQQ. Just to confuse you all, EMQQ is the USD ticker, and the company’s brand name. The GBP ticker is EMQP. I shall refer to the index as

Opportunity in the Orient

Opportunity in the Orient

Flash Note; It has been a while since I issued a flash note for the Whisky Portfolio, but there has been a notable breakout in China, and I believe we should take it seriously.

FTSE All-Time High on a Weaker Pound

FTSE All-Time High on a Weaker Pound

Trades in Whisky and Soda; I joined "the city” (London financial district) in April 1998, when the FTSE 100 was flirting with the 6,000 level for the first time. Yesterday, it breached 8,000 some 26 years later. Luckily, I found other things to invest in over the

Rising Conflict and Sinking Bonds

Rising Conflict and Sinking Bonds

The Middle East is on the brink, and retaliatory attacks may lead to escalation of the conflict. Normally, we would see a flight to quality into US treasuries. That hasn’t happened, which indicates what we have suspected for a long time: that they are no longer the high-quality investments

The Great Reflation

The Great Reflation

Trades in Soda; This year, we have discussed gold, silver, gold miners, oil, and agriculture, and boosted exposure to commodities. With the reflation trade reawakening, it is little wonder the portfolios have picked up strongly. But there is one area where we could add exposure, and that is industrial commodities.