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investing in gold / oil through ETF/ETC

135

Comments

  • oz0707
    oz0707 Posts: 919 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    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?
  • oz0707
    oz0707 Posts: 919 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    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!
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    May low now $0.01 / barrel. (one cent)
    One person caring about another represents life's greatest value.
  • EdGasketTheSecond
    EdGasketTheSecond Posts: 2,558 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    RDSB ought to be a fiver not still above £13 and even marginally up on the day; very strange.
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    edited 20 April 2020 at 7:14PM
    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.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    eskbanker said:
    Username999 said:
    Demand has fallen off a cliff, but Saudi has increased production because Russia would not cut, to bankrupt the US shale upstarts.  
    Record deal to cut oil output ends price war

    Well, that didnt age well, LOL.
  • ColdIron
    ColdIron Posts: 10,214 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    Nor did this
  • Alistair31
    Alistair31 Posts: 983 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    ColdIron said:
    Nor did this
    Wee Nicola has finally stopped banging the independence drums. 
  • EdGasketTheSecond
    EdGasketTheSecond Posts: 2,558 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Amen for that
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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..._

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