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Oil plunge hints at end of commodities boom

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    #11
    Originally posted by TimberWolf View Post
    You timed your sell-off nicely, does "" indicate you are buying now?
    Not yet, waiting to see if this is part of a bigger sell off. The medium and long term outlook for paper money is dire and gold is the better bet, but it makes sense to buy on dips and sell at peaks along the way.

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      #12
      Originally posted by DimPrawn View Post
      Not yet, waiting to see if this is part of a bigger sell off. The medium and long term outlook for paper money is dire and gold is the better bet, but it makes sense to buy on dips and sell at peaks along the way.
      The trick is knowing when those turning points occur before they happen.

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        #13
        Originally posted by TimberWolf View Post
        The trick is knowing when those turning points occur before they happen.
        John Dee's Seal Crystal Ball - Rock n Goth Shop

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          #14
          Originally posted by eek View Post
          From memory it takes 5-6 weeks for the market price to be fully reflected in the pump price.
          That's only when prices drops, when it goes up it takes few days...

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            #15
            Originally posted by AtW View Post
            That's only when prices drops, when it goes up it takes few days...
            Cheap fuel = more plebs on the road in slow "eco" cars.

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              #16
              Originally posted by DimPrawn View Post
              Cheap fuel = more plebs on the road in slow "eco" cars.
              Did you get Merc SL 55 AMG yet?

              Comment


                #17
                Originally posted by AtW View Post
                Did you get Merc SL 55 AMG yet?
                This time next year Rodders!

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                  #18
                  Originally posted by TimberWolf View Post
                  The trick is knowing when those turning points occur before they happen.
                  I prefer to see them confirmed before jumping in.

                  NFP was better than forecast so what does that mean?

                  I don't care TBH - my CAD/CHF long is up 130 pips with the stop at breakeven

                  Got a nice 1.5R off yesterday's GBP/EUR short as well. Been a good week!
                  "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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                    #19
                    Originally posted by Jog On View Post
                    I prefer to see them confirmed before jumping in.

                    NFP was better than forecast so what does that mean?

                    I don't care TBH - my CAD/CHF long is up 130 pips with the stop at breakeven

                    Got a nice 1.5R off yesterday's GBP/EUR short as well. Been a good week!
                    Nice, do you trade purely technical using charts or news or a mix?

                    Comment


                      #20
                      Originally posted by Jog On View Post
                      I prefer to see them confirmed before jumping in.

                      NFP was better than forecast so what does that mean?

                      I don't care TBH - my CAD/CHF long is up 130 pips with the stop at breakeven

                      Got a nice 1.5R off yesterday's GBP/EUR short as well. Been a good week!
                      Mods ban this dirty spekulant!

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