Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

I'd like to know when we are going to see 50p a litre petrol..


(never)

There is a strong likelihood that Saudi and the US are using the low oil price to beat Russia with. The price has been predicted to go much lower yet. One prediction last week was $43. The US shale producers will carry on as usual as a lot of their costs were up front. The same applies to many of the conventional producers. The situation is very serious for many countries who have budgeted for much higher prices. Venezuela will probably default on debt payments soon. Russia's economy is funded by oil. Many producers are now selling at lower than production costs. Exploration companies are already cutting back with BP announcing several thousand jobs to go. The lower oil price will increase world instability for sure with Russia getting increasingly angry.

Is there such a thing as a platform for future oil prices that ordinary punters can gamble on?

Good luck.

But there must be efts or SBs on commodities.

But consider where Iranian interests lie.

iran needs higher oil prices of course, but i can't see that they have much influence even within opec, where for sure saudi will not them

assuredly you can buy into (or sell) crude CFDs and therefore s/b

Thanks Fred, cynic.

I'll look into the cfd/sb side of things.

The oil price is too low by any standard, so there might be a way of making a few bob instead of losing it on smallcap oilers.



We appear to be witnessing up what used to be known as the great game ... up front!

Any idea when the dollar is going to weaken?

When people wake up to the fact that the dolla is just a piece of paper with a promise attached to it.

Watch China and others who are cheesed off with picking up worthless bits of paper.

Kerry Smith has resigned as a UKIP prospective parliamentary candidate after apologising for offensive remarks he made in a phone call.

http://www.bbc.co.uk/news/uk-30473388

China won't rock the boat. They are effectively financing the US debt in exchange for access to the US market. It has been that way for around twenty years. They currently hold $1.25 trillion. That's is about a fifth of the total US debt. China likes it that way as it enables them to keep their currency low. It also gives them some political clout with the US. Occasionally they threaten to sell some of the debt, which would cause US interest rates to rise and slow growth.

Any idea when the dollar is going to weaken?

Yes, thank you.

Well thanks for that bit of inelegance.. see that you have been kicked out of bed again.

max - $ is no more or less worthless than gold

Stupidity.

It depends on whether you wish to fill a tooth cavity or wipe your -----!

----0--0-0-0

Max,

There are EFTs for oil.

I know nothing about them, but do a search on the internet or your broker.

Similar to using an indices. Personally don't like them and some spreads are wide.

If you don't already use Sbs. of CFDs. remember that they are leverages and think of it that you have to cover the total possible movement of the value of your bet.

Check the spreads.

I think the market is dangerous at the moment and I think watching is a little more sensible than engaging.

I wish I had listened to myself a few days ago.

C'est la vie.

that's very witty for you fred :-)

CON 33%(+3), LAB 34%(nc), LDEM 8%(nc), UKIP 18%(-1), GRN 2%(-1).

http://allnewspipeline.com/Inuits_Issue_Warning_Earth_Has_Shifted.php

Hils,

I don't know if you are a 'Strictly' fan but.....

Any educated guess as to what has happened to Ola?

The media are reporting a 'serious injury' which is also going to be damaging to her career as a top dancer. I can't find any additional details anywhere, though. In the picture below she has her leg fully braced up and is at least hobbling along on crutches. Reports did say she had badly damaged her hip too.

It does look like a very bad knee injury and so my own guess is that she has probably torn/snapped her cruciate ligament. If so, do you think it could it have been repaired so soon?

Anyhow, even if she has no make-up on and isn't wearing something skimpy, it's nice to see her out of hospital.