Black gold

[PurpleGorilla]

Isn't this about OPEC trying to bust the shale gas industry in the US?

http://www.theguardian.com/environme...ackings-future

Not a big factor tbh; this is global slowdown leading to a mega financial economic crash.

[Jog On]

Isn't this about OPEC trying to bust the shale gas industry in the US?

Plummeting oil price casts shadow over fracking's future | Environment | The Guardian

That's got a lot to do with it - the same fracking industry our illustrious leaders are shoulder barging and sledge hammering through over here.

Fracks away!

[ZARDOZ]

@Purpleg Well yeah doomsday clock is 1 minute to midnight. Not a good time to be heavily into the stock market. But OPEC don't normally let market decide the price

Video: Doomsday clock for global market crash strikes one minute to midnight as central banks lose control - Telegraph


Was a Yank on Newsnight last night moaning about OPEC, seemed to think it was sabotage against fracking, war war war

[DimPrawn]

It's okay we have £5.8trn worth of property to see us through. I won't be sacking the butler just yet.

UK house prices: Total value of UK residential property hits £5.8tn | City A.M.

[Jog On]

It's okay we have £5.8trn worth of property to see us through. I won't be sacking the butler just yet.

UK house prices: Total value of UK residential property hits £5.8tn | City A.M.

That one will be fun when it pops - looking to upsize so waiting patiently...

[alphadog]

Not a big factor tbh; this is global slowdown leading to a mega financial economic crash.

My money is on the Central Banks/Govts implementing a new and more potent alternative to QE within the next couple of years.

It seems to me that QE only really managed to shoot asset prices through the roof and stored up a whole lot of problems that will need to be sorted out in future. Even the inventor of QE says it wasn't done right: UK QE has failed, says quantitative easing inventor - BBC News

Ofcourse, exactly how it's all going to play out is anybody's guess.

[ZARDOZ]

September/October will be the months to watch out for.

[BlasterBates]

I don't know whether the non-baby boomers have realised this, but this is your chance to make a killing.

Forget property, anyone not buying Shell Plc with oil at $40 is f*** bonkers.

[PurpleGorilla]

September/October will be the months to watch out for.

Why's that?

[DimPrawn]

My money is on the Central Banks/Govts implementing a new and more potent alternative to QE within the next couple of years.

It seems to me that QE only really managed to shoot asset prices through the roof and stored up a whole lot of problems that will need to be sorted out in future. Even the inventor of QE says it wasn't done right: UK QE has failed, says quantitative easing inventor - BBC News

Ofcourse, exactly how it's all going to play out is anybody's guess.

QE hasn't failed. It was there to enable the hyper wealthy to avoid any impact of the bank bailouts by boosting asset prices held by the global elite. In this respect it has achieved 100% what it was put in place to do.