Oil at $25 a barrel

[Liability]

I'm too dumb to make money on shares. Once got stung for about 5 grand when I piled into a few companies with a friend who was supposed to know what he was doing.

Though he was/is a right dodgy bastard, wouldn't suprise me if he pocketed the money and faked the paperwork.

crickey! Only sure fire money maker is Oil if you can go Long on it as that is sure to rise when things recover.

[PAH]

crickey! Only sure fire money maker is Oil if you can go Long on it as that is sure to rise when things recover.

Yeah, I did try to buy a tanker full the other week.

[Liability]

Yeah, I did try to buy a tanker full the other week.

LOL - park it round mine - Ill give you a good rate.

[SantaClaus]

Trying to find the low point is like catching a spinning knife.

Yep, better to sell on rallies.

[larry]

Cheap oil/gold - strong dollar! Pound in the morgue and set to fall further next year.

[PAH]

Yep, better to sell on rallies.

I once tried that, Colin McRae nearly ran me down. Still, I had the last laugh:

[Doggy Styles]

LOL - some bargains out there share's wise.

Barclays and HSBC are a flaming bargain if you look at the balance sheet.

But Id estimate some more right offs in the next statement from both so still slightly risky.

write-offs

[m__rfield]

http://www.bloomberg.com/apps/news?p...UfQ&refer=home


If it happens, a good chance of quadrupling your money within 3 years using crude oil ETFs.

Mmm... I am pondering this one too. With low low interest rates I'm seriously contemplating risking 25k out of the offset on this. Another 20+ yrs to retirement for me and at least 250k equity tucked away in Moorfield Towers it's seriously tempting.

[GreenerGrass]

crickey! Only sure fire money maker is Oil if you can go Long on it as that is sure to rise when things recover.

Commodities can be volatile, but once oil bottoms it should be a good long term shout no matter what happens to equities in general, or even oil companies.
Oil overshot on the way up and it will overshoot on the way down.
The strong dollar won't last forever.

[PAH]

The strong dollar won't last forever.

Why is the dollar doing so well, and the pound so badly, when the USA seem to be in at least as much tulip as us?

Is it some conspiracy to ease us into the euro? We may as well join if the pound falls below it!