Originally posted by Andy2
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Reply to: World Economy boomed?
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Previously on "World Economy boomed?"
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I sometimes think that someone should be do an experiment with two portfolios
One which follows goldman's advice and the other to do the opposite of that
which one will make more money?
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Low price for oil and the steady growth of London house prices.
GB's gonna rock
Maybe , we will have enough to keep paying for the Scottish, once they become "independent".
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The Perils of Bargain-Hunting With Oil ETFs - Bloomberg BusinessOriginally posted by Andy2 View Postany decent etf to buy oil ?
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Don't forget Uncle Vlad is busy *flattening Syrian oil fields in order to bump the price up since the Russian economy is tanking on the current low price.
*sorry, destroying ISIS...
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If you can call the bottom of oil (20 to 40 $$$ range) and buy on the dips back up to $150 when the Saudis turn the taps off and ISIS destroy all the oil wells, you could become very rich indeed.Originally posted by BlasterBates View PostThe lower the drop the bigger the bounce will be. Once there's a load of derelict wells in the gulf the Saudi's will shut the taps and the oil price will then shoot up through the roof.
That's basically their strategy.
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The lower the drop the bigger the bounce will be. Once there's a load of derelict wells in the gulf the Saudi's will shut the taps and the oil price will then shoot up through the roof.
That's basically their strategy.
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Probably a good signal to buy oil/oil stocks if Goldman are talking about $20 oil.
Energy in the UK will still be at eye watering prices even if oil was free.....
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World Economy boomed?
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