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investing in gold / oil through ETF/ETC
Comments
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Bloody hell seems halifax knew me better than myself. Not to say I wouldn't have sold out at a profit but seems oil is low again. Is the simplest option still just to buy some big oil shares, Shell BP or something such as?1
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Having looked more into it I am more confident than ever I don't know what I'm going on about... brent, crude, shale - bloody minefield. Think I'll sit this one out still have some tullow shares which I bought at too much!1
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May low now $0.01 / barrel. (one cent)One person caring about another represents life's greatest value.0
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RDSB ought to be a fiver not still above £13 and even marginally up on the day; very strange.
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Price now is -$7.50 (negative $7.50).
BP and Shell (and other producer/refiners) should come out of this well IMHO.
Unless you think we'll never use Oil products again.
May contract expires tomorrow, June contract is still around $20 / barrel.
One person caring about another represents life's greatest value.0 -
eskbanker said:
Record deal to cut oil output ends price warUsername999 said:Demand has fallen off a cliff, but Saudi has increased production because Russia would not cut, to bankrupt the US shale upstarts.
Well, that didnt age well, LOL.
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Nor did this
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Wee Nicola has finally stopped banging the independence drums.ColdIron said:Nor did this1 -
Amen for that
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When something happens, that hasn't happened before and you don't say it's different this time.......you make a gold bug look sane..._0
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