All this hot off the press money go into commodities bubble, can't blame bankers really - why invest into local businesses that can't compete with China and will give 5-10% dividends at best when you can buy oil, gold, wheat and make far more without much thinking?
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Oil at $120 a barrel
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Originally posted by AtW View PostAll this hot off the press money go into commodities bubble, can't blame bankers really - why invest into local businesses that can't compete with China and will give 5-10% dividends at best when you can buy oil, gold, wheat and make far more without much thinking?
You could lend to some dodgy business likely to fold in 2 years time, little reward, high risk, or you could buy up futures contracts on every single drop of oil, or food produced, and own the market and name your price.
Boomed! Everyones a winner!Comment
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Look, it's like this:
Nature has a certain order. It's a bug-eat-bug world out there. One of those Circle of Life kind of things. Now let me tell you how things are supposed to work: The sun grows the food, the ants pick the food, the grasshoppers eat the food...Comment
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Originally posted by DimPrawn View PostI reckon we'll see $150 dollars a barrel this year, next year is a global crash.
I switched over to German TV and watched Pingu instead.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Thankfully for us in the UK, the cost of petrol is almost all duty and VAT, so even if the price of oil doubled, the price of fuel at the pumps will hardly rise.
Well done that government!
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