Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Trend Forecast 2024 - 15th June 24
Gold Price Consolidating at High - 15th June 24
NVIDIA Stock Market: Price Prediction for the Future - 15th June 24
When Will the Boom/ Bust Rollercoaster End? - 15th June 24
Stock Market Trouble Lies Ahead. Are You Ready For It? - 15th June 24
Stock Market Investor Sentiment - 8th June 24
S&P 494 Stocks Then & Now - 8th June 24
As Stocks Bears Begin To Hibernate, It's Now Time To Worry About A Bear Market - 8th June 24
Gold, Silver and Crypto | How Charts Look Before US Dollar Meltdown - 8th June 24
Gold & Silver Get Slammed on Positive Economic Reports - 8th June 24
Gold Summer Doldrums - 8th June 24
S&P USD Correction - 7th June 24
Israel's Smoke and Mirrors Fake War on Gaza - 7th June 24
US Banking Crisis 2024 That No One Is Paying Attention To - 7th June 24
The Fed Leads and the Market Follows? It's a Big Fat MYTH - 7th June 24
How Much Gold Is There In the World? - 7th June 24
Is There a Financial Crisis Bubbling Under the Surface? - 7th June 24
Bitcoin Trend Forecast, Crypto's Exit Strategy - 31st May 24
Zimbabwe Officials Already Looking to Inflate New Gold-Backed Currency - 31st May 24
India Silver Imports Have Already Topped 2023 Total - 31st May 24
Gold Has Done Its Job – Isn’t That Enough? - 31st May 24
Gold Stocks Catching Up - 31st May 24
Time to take the RED Pill - 28th May 24
US Economy Slowing Slipping into Recession, But Not There Yet - 28th May 24
Gold vs. Silver – Very Important Medium-term Signal - 28th May 24
Is Gold Price Heading to $2,275 - 2,280? - 28th May 24
Stocks Bull Market Smoking Gun - 25th May 24
Congress Moves against Totalitarian Central Bank Digital Currency Schemes - 25th May 24
Government Tinkering With Prices Is Like Hiding All of the Street Signs - 25th May 24
Gold Mid Tier Mining Stocks Fundamentals - 25th May 24
Why US Interest Rates are a Nothing Burger - 24th May 24
Big Banks Are Pressuring The Fed To Losen Protection For Depositors - 24th May 24
Another Bank Failure: How to Tell if Your Bank is At Risk - 24th May 24
AI Stocks Portfolio and Tesla - 23rd May 24
All That Glitters Isn't Gold: Silver Has Outperformed Gold During This Gold Bull Run - 23rd May 24
Gold and Silver Expose Stock Market’s Phony Gains - 23rd May 24
S&P 500 Cyclical Relative Performance: Stocks Nearing Fully Valued - 23rd May 24
Nvidia NVDA Stock Earnings Rumble After Hours - 22nd May 24
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

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

© 2005-2022 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