Yes and China and Japan.

First it will be Syria and then Iran, but it will be hardly a war.

The American economy is a perpetual war economy built during WW2 and America is certain to engage in more wars in the future. They outlined a strategic map to take down Syria, Iran etc

Best to regard this as an opportunity to buy good stocks at good prices, no?

"I wouldn’t be surprised if we woke up one morning to see Israeli bombers have bombed Iran. There are already gunboats gathering in the region on a 12-day exercise,"

Putting these two sentences does more for sensationalism than it does for either military or investment analysis.

No mention of the South China Sea either.


P.S. This cynic is a HL client. But not a client that relies on their advice - or analysis.

Good for gold & silver

Well that would certainly be a "trigger" for the market correction.

It should also be noted that "cash" is not quite as bad as the industry claims.

Sources such as the Barclays Equity Gilt Study use UK Treasury bills as a proxy for cash, which roughly equates to bank base rate. But with minimal effort investors can achieve much higher interest rates on their savings, even after tax. There are also no trading costs or fund fees - and, of course, no risk to (nominal) capital.

No; despite what industry pundits usually proclaim, cash isn't so terrible - especially in such uncertain times.

My esteem for Dampier is rising. Unlike some fund managers and other spokesmen from diverse fund houses, who are only out to sel, his articles are sensible and not just sales talks to gullible investors and IFAs.

War against Iran is certain, NATO and Israel have never been known to back down on anything, and the warships are not there for fun. But it is strange that in spite of our dire economic situation and the need for the utmost austerity, we are creating a war situation against Iran which raises oil prices and so transfers wealth from us to the oil producers.

Keep all the cash you can in reserve, invest only half of what you can save and wait for the crush.

Have to agree with No 1 investor, a degree of scepticism is healthy, outright cynicism is not. It's a mistake to assume that cynicism equates to wisdom. It seems to me that HL have a vested interest in their clients being invested in the right funds, which grows their porfolios, which grows HL's trail commission. But then, I'm obviously niaive.

"Being advised to hold cash by a company (HL) that makes money from its customers being invested in funds (i.e. NOT holding cash) makes me feel that we're actually getting some genuine honest advice from Hargreaves Lansdown here."

Maybe, or a double bluff, as if it does come to pass, then HL will be shouting to all to fill the boots whilst a cheap buying opportunity, so they cream it off then.

More than one way to skin a cat that stick broken glass up its a**e...

So basically, whatever HL say you'll automatically assume they're trying to steal your money? Get real - it's amazing how jealous some people are of success.

Well said !!!!!!!!!!!!!!!!!!!
Yes i also do find interesting always having a MR wise man always saying the same regarding trying to steal money ,commision bla bla bla
Mr Dampier actually tends to be very up front with his advices and if anything and considering that yes i am one of theyre HL clients i find quite nice of him in being like that and giving his face -his wisdom does not cost a penny,take it if you want it or just dont read about it but please stop coming always with the usual nonsense and scepticism regarding commisions etc ,he literally is a multi millionaire and has just been on the news regarding the massive divi payout ,wake up and smell the grass and have some respect sometimes..

Being advised to hold cash by a company (HL) that makes money from its customers being invested in funds (i.e. NOT holding cash) makes me feel that we're actually getting some genuine honest advice from Hargreaves Lansdown here.