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Yes but the price of cans to keep it in has went sky high.
The b4st4rds have got us over a barrel. |
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cups ill keep it in cups
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$46 now but has been reported it could fall as low as $40 but won't be expected to bounce back sharply at all .
What do you buy then though .. Brent Oil ... BP ![]() BP always seems to exceed the market when it rises .. down to 380p now but wouldn't buy until 365 ish (low) |
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£3.65 ??.....it's £1.20 round here !
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Just buy an Oil ETF to mirror the price as best, else with futures you run the risk of getting stopped out with lack of margin
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http://www.ftadviser.com/2015/01/14/investments/alternative-investments/rathbones-coombs-warns-investors-to-be-wary-of-oil-etfs-CNGKhCazoMzRtBq9I01RUN/article.html
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The oil company retail bonds may be worth a gamble.
Enquest and Premier oil are two that I'm aware of. I have a small amount in Premier Oil. I was hoping that the good folk who write on fixedincomeinvestor would do an updated view on these, but no luck yet. It's all about risk/reward. Premier oil (2020) are currently yielding 8.74% Enquest (2022) are currently yielding 14.97% Of course, if they go under, you do your dough! Do your own research! http://www.londonstockexchange.com/exchange/prices-and-markets/retail-bonds/company-summary.html?fourWayKey=XS0997703250GBGBPUKCP http://www.londonstockexchange.com/exchange/prices-and-markets/retail-bonds/company-summary.html?fourWayKey=XS0880578728IEGBPUKCP http://www.fixedincomeinvestor.co.uk/x/bondtable.html?groupid=3653&subgroupid=&sort=-7#table |
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suprised you lot have any money left after putting all your money into gold before it halved in price, must be getting alot of 2 squids layed on here,
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oh i forget chit chatters are like mfraudy buy at the bottom sell at the top ,works everytime,
![]() ![]() ,by the way what colour are the £5 notes in monopoly these days, ![]() |
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Are you confusing me with someone else? I have never put more than ca 5-6 % of my wealth into gold. I have only traded in ETFs and would not have won or lost anything significant on gold or silver ETFs.
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If you can see the Bandwagon, It's too late
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I bought some gold coins in ignorance of the mark up.
Bought at between £350 and £550 as an investment not realising at the time that it was a poor investment. The wife wanted a new car and some other stuff so sold the coins at, I think,an average of £1k, to fund it. Bought in ignorance then sold rather than dip into savings and cleared up. Who says you need to know anything. |
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Just been and stolen Olive Oil
Popeye wasn't happy |