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Oil Moving up again
posh*spice
Posts: 1,398 Forumite
Oil hit $119:eek: - $15 up on the day:eek:
Turn your face to the sun and the shadows fall behind you.
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That will help keep inflation down..........................................notControl is an illusion, chaos is the reality. A successful warrior dances with chaos, and success means simply that one is still alive.0
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Greenback down, oil up...cost of US bail-out?I used to have a signature but it disappeared and I just couldn't be bothered writing another, so please feel free to ignore this.0
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Spivs. Gorrdunn will move in to stop speculation at this time of National Emergency.
Also my chippie has just increased the price of a fish supper. Spivs. Gorrdunn will move etc. etc.0 -
posh*spice wrote: »Oil hit $119:eek: - $15 up on the day:eek:
I think it's a reaction to the grim future of the dollar..... even the sickly pound is making ground against it - up to almost $1.86.
People are realising what an awful idea the bailout is.
Far better to simply nationalise any failing banks rather than nationalise just the debt of the entire banking sector.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Brian_Bullocks wrote: »Greenback down, oil up...cost of US bail-out?
Yep, this seems to be correct, saddling the US economy with this kind of debt is weakening the dollar as we speak, good old Bush, he really does know whats he's doing hey.:rolleyes:
He is a c**k, surrounded by cocks.0 -
Fupping hell!
Just checked Bloomberg.com and as of 19:55 oil is at $128.10 a barrel!
Looks like we've got ourselves another oil bubble.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
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Gold is close to $900 again, up 2% on the day.
Total loss of confidence on the $, hardly surprising as the implications of 'bad-bank' are understood. The USA is in 'end of empire' phase - it's the Weimar Republic all over again, the Mayan civilisation, Easter Island etc.
Gold going to $2000+
>Looks like we've got ourselves another oil bubble<
There's way too much cash sloshing about looking for the 'next big thing'.0 -
Fupping hell!
Just checked Bloomberg.com and as of 19:55 oil is at $128.10 a barrel!
Looks like we've got ourselves another oil bubble.
I don't know what happened there - it was showing $128, I seen it too. Now $120...bit weirdTurn your face to the sun and the shadows fall behind you.0
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