Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
The Gold Stocks Correction and What Lays Ahead - 19th Oct 19
Gold during Global Monetary Ease - 19th Oct 19
US Treasury Bonds Pause Near Resistance Before The Next Rally - 18th Oct 19
The Biggest Housing Boom in US History Has Just Begun - 18th Oct 19
British Pound Brexit Chaos GBP Trend Forecast - 18th Oct 19
Stocks Don’t Care About Trump Impeachment - 17th Oct 19
Currencies Show A Shift to Safety And Maturity – What Does It Mean? - 17th Oct 19
Stock Market Future Projected Cycles - 17th Oct 19
Weekly SPX & Gold Price Cycle Report - 17th Oct 19
What Makes United Markets Capital Different From Other Online Brokers? - 17th Oct 19
Stock Market Dow Long-term Trend Analysis - 16th Oct 19
This Is Not a Money Printing Press - 16th Oct 19
Online Casino Operator LeoVegas is Optimistic about the Future - 16th Oct 19
Stock Market Dow Elliott Wave Analysis Forecast - Video - 16th Oct 19
$100 Silver Has Come And Gone - 16th Oct 19
Stock Market Roll Over Risk to New highs in S&P 500 - 16th Oct 19
10 Best Trading Schools and Courses for Students - 16th Oct 19
Dow Stock Market Short-term Trend Analysis - 15th Oct 19
The Many Aligning Signals in Gold - 15th Oct 19
Market Action Suggests Downside in Precious Metals - 15th Oct 19
US Major Stock Market Indexes Retest Critical Price Channel Resistance - 15th Oct 19
“Baghad Jerome” Powell Denies the Fed Is Using Financial Crisis Tools - 15th Oct 19
British Pound GBP Trend Analysis - 14th Oct 19
A Guide to Financing Your Next Car - 14th Oct 19
America's Ruling Class - Underestimating Them & Overestimating Us - 14th Oct 19
Stock Market Range Bound - 14th Oct 19
Gold, Silver Bonds - Inflation in the Offing? - 14th Oct 19
East-West Trade War: Never Take a Knife to a Gunfight - 14th Oct 19
Consider Precious Metals for Insurance First, Profit Second... - 14th Oct 19
Stock Market Dow Elliott Wave Analysis Forecast - 13th Oct 19
The Most Successful IPOs Have This One Thing in Common - 13th Oct 19
Precious Metals & Stock Market VIX Are Set To Launch Dramatically Higher - 13th Oct 19
Discovery Sport EGR Valve Gasket Problems - Land Rover Dealer Fix - 13th Oct 19
Stock Market US Presidential Cycle - Video - 12th Oct 19
Social Security Is Screwing Millennials - 12th Oct 19
Gold Gifts Traders With Another Rotation Below $1500 - 12th Oct 19
US Dollar Index Trend Analysis - 11th Oct 19
China Golden Week Sales Exceed Expectations - 11th Oct 19
Stock Market Short-term Consolidation Does Not change Secular Bullish Trend - 11th Oct 19
The Allure of Upswings in Silver Mining Stocks - 11th Oct 19
US Housing Market 2018-2019 and 2006-2007: Similarities & Differences - 11th Oct 19
Now Is the Time to Load Up on 5G Stocks - 11th Oct 19
Why the Law Can’t Protect Your Money - 11th Oct 19
Will Miami be the First U.S. Real Estate Bubble to Burst? - 11th Oct 19
How Online Casinos Maximise Profits - 11th Oct 19
3 Tips for Picking Junior Gold Stocks - 10th Oct 19
How Does Inflation Affect Exchange Rates? - 10th Oct 19
This Is the Best Time to Load Up on These 3 Value Stocks - 10th Oct 19
What Makes this Gold Market Rally Different From All Others - 10th Oct 19
Stock Market US Presidential Cycle - 9th Oct 19

Market Oracle FREE Newsletter

Stock Market Trend Forecast Oct - Dec 2019 by Nadeem Walayat

Tory Leadership Contest - Will Michael Gove Stab Boris Johnson in the Back Again?

Politics / UK Politics May 19, 2019 - 04:37 PM GMT

By: Nadeem_Walayat

Politics

The days of Britian's worst Prime Minister in history, Theresa Mays are numbered, so there is going to be another Tory leadership contest near 3 years on from the last when David Cameron quit after losing the EU Referendum, and Boris Johnson has been quick off the mark to throw his hat into the ring. Though I hope he has learned his lesson NOT to trust fellow tories such as the likes of Michael Gove who like a character out of Game of Thrones (Little Finger) stabbed Boris in the back on the day he was supposed to announce his candidature with Gove at the helm of his campaign, instead Gove announced a few hours earlier that he, himself would be standing for Tory leader!


Here's a reminder of what happened 3 years ago and why Michael Gove CANNOT BE TRUSTED, because his word is worthless!

30 Jun 2016 - Michael 'Little Finger' Gove Slays Boris 'Baratheon' Johnson in Game of Thrones for Next Tory PM

David Cameron's announcement to step down as Prime Minister by early September propelled Brexit Leader Boris Johnson to become the favourite to takeover as Britain's next Tory Leader and Prime Minister. However, the great game for the Tory 'iron throne' was on, as Michael Gove today both discredited Boris Johnson whom he was supposed to be the campaign manager for and then went against EVERYTHING he has stated during the EU Referendum Campaign, in fact against everything he has been saying for the past 4 years by declaring that he himself would now stand for the Tory Leadership, so it looks like Gove, just like 'Little Finger' has apparently been manoeuvring towards the Tory 'iron throne' all along!

For instance during the referendum campaign when asked in one of the debates - "When Mr Cameron steps down are you considering a leadership bid?"

Michael 'Little Finger' Gove replied " I can tell, I am absolutely not. The one thing I can tell you is that there are lots of talented people who could be Prime Minister after David Cameron, but count me out"

And earlier still ""The one thing I do know having seen David Cameron up close is it takes extraordinary reserves of patience of judgement of character to lead this country and he has it and I don't and I think it's important to recognise in life you’ve reached an appropriate point."

And one more time - "There are lots of other folk including in the Cabinet who could easily be prime minister, I am not one of them. I could not be prime minister, I am not equipped to be prime minister, I don’t want to be prime minister."

And then today the stage was set for Boris 'Baratheon' Johnson to declare his intention to stand as next Tory Leader and Prime Minister, only for Michael 'Little Finger' Gove to make his surprise announcement a couple of hours beforehand in what looks like a co-ordinated assault to pull the rug from under Boris Baratheon Johnson by taking a large chunk of the MP's who would have supported Boris Johnson by stating -

"I have come, reluctantly, to the conclusion that Boris cannot provide the leadership or build the team for the task ahead. I have therefore decided to put my name forward for the leadership."

In response to which Boris Johnson surprised all by stating that he would not be standing - "I must tell you my friends, you who have waited patiently for the punch line of this speech that having consulted colleagues and in view of the circumstances in Parliament I have concluded that person cannot be me, my role will be to give every possible support to the next Conservative administration to properly fulfill the mandate if the British people"

So whilst Michael 'Little Finger' Gove may today be the rank outsider amongst the list of declared candidates to sit on the Tory 'iron throne' now that Boris 'Baratheon' Johnson has been slain along with his bullingdon club buddy David 'Lanister' Cameron, which effectively clears the field for previously unthinkable candidates such as Michael 'Little Finger' Gove to continue working his way on the Tory 'iron throne'.

Of the list of candidates the following now stand out with Theresa May the clear favourite to seize power and the keys to No 10 -

  • Theresa 'Cersi' May - Favourite
  • Michael 'Little Finger' Gove
  • Andrea 'Martell' Leadsom
  • Stephen 'Greyjoy' Crabb

It's too early to see who will win the chaotic great game to become the next Tory Leader and Prime Minister as there is a long way to go and with much more political bloodshed expected along the way, but for now do NOT underestimate Michael 'little finger' Gove.

And whilst the Tories sort out their next Leader Britain is effectively being run by Mark Carney at the Bank of England who has been busy pumping hundreds of billions into the markets and banking sector.

BrExit Party to Storm EU Elections - Seats Forecast

23rd of May is set to deliver another shock to Britian's politiccal establishment as the BrExit party will likely win more seats than the Tories, Labour and Lib Dems combined!

Brexit Party Set to Storm EU Parliament Elections - Seats Forecast

With the latest polls continuing to confirm this forecast.

The bottom line is that the Brexit Party's results in the EU elections will just be a precursor to an even bigger political earthquake at the next General Election that if the Tories don't choose their leader wisely could result in the death of the Tory party!

My analysis and key forecasts are first made available to Patrons who support my work. So for immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

May Analysis Schedule :

  • Stock Market Trend Forecast Update
  • Machine Intelligence Investing stocks sub sector analysis
  • UK Housing market ongoing analysis.
  • Gold / SIlver trend forecast update.
  • China Stock Market SSEC

April Analysis:

And ensure you are subscribed to my FREE Newsletter to get this analysis in your email in box (only requirement is an email address).

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2019 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules