Oil near bottom

[krafty]

Schroders is positive about oil and gold, but cautious on industrial metals due to concerns about consumption of those raw materials in China. Oil at $27 a barrel isn’t sustainable when producers are losing money, the fund manager said.

http://www.bloomberg.com/news/artic...e-seen-emerging-from-ashes-as-oil-near-bottom

 

[winnipegjets]

If you buy oil companies now, sure won't lose. It is a matter of time before it will go up.

If you trade them, you make more money in a short time.

 

[greedy and cunning]

If you buy oil companies now, sure won't lose. It is a matter of time before it will go up.

If you trade them, you make more money in a short time.

The wide array of financial instruments in today's marketplace
are invention of the greedy angmo.

Most of them don't serve any economic functions
except to expropriate money from others.

It is rife with corruptions , excessive greed.

To play these games , you need very deep pocket
to survive and win.

 

[lifeafter41]

Schroders is positive about oil and gold, but cautious on industrial metals due to concerns about consumption of those raw materials in China. Oil at $27 a barrel isn’t sustainable when producers are losing money, the fund manager said.

http://www.bloomberg.com/news/artic...e-seen-emerging-from-ashes-as-oil-near-bottom

Hi Kraft, how's things Down Under.......hope all is well with you

Not so fast on the price bottom though........as just saw this...

Shale Shock: Another Leg Lower In Oil Coming After Many Producers Found To Have Far Lower Breakevens

One of the great unknowns facing the US shale industry, and threatening the recurring rumors of its imminent demise, is how it is possible that despite the collapsing number of oil wells, and despite the plunge in crude prices which supposedly are well below all-in shale production costs, does production not only refuse to decline, but in fact has been largely increasing in the past 6 months, with just a modest decline in recent weeks...............

http://www.zerohedge.com/news/2016-...ter-many-shale-plays-found-have-far-lower-bre

 

[krafty]

i observe that oil has really reached its bottom, watch out for rebound! gold has bounced to USD1200 per ounce and oil, also known as black gold will follow suit. there is a correlationco's of USD.

 

[po2wq]

i observe that oil has really reached its bottom, watch out for rebound! ...

haf u closed ur shorts? ...

 

[frenchbriefs]

yes very excited about oil,right now i have 4k in xop and xle.hope they make me rich like in 2009.

 

[bart12]

Oil won't hit bottom until you see wave of O&G bankruptcy!

 

[krafty]

oil has rebounded a little but hold your horses if you wanna long. too risky imho.:o

 

[mojito]

Near bottom? Ha! You buy lor!

 

[krafty]

Near bottom? Ha! You buy lor!

i will remember what you say, just watch!

 

[blueRad]

Mother Russia, Venezuela and oil exporting Arabian countries are feeling the heat. So I say cheap oil FTW.

 

[mojito]

oil has rebounded a little but hold your horses if you wanna long. too risky imho.:o

Near bottom? Ha! You buy lor!

i will remember what you say, just watch!

Aparantly you have forgotten what you just said. You really are FOS.

 

[krafty]

Aparantly you have forgotten what you just said. You really are FOS.

you only know how to talk dragon, spit fire! tell us about your own analysis if you got the substance, i doubt you have it.

 

[krafty]

yes! i was right after all. oil prices has started to climb.

 

[Cestbon]

One thing for sure. O&G down many USA enemy will when bankrupt.
Russia, Iran,Libya, Vene,Nigeria........................

Inlikely to bound to US$50/barrel in next 2 year.

 

[Asterix]

Can do a test short on Hantu futures now and add or hold till end of day with stop at slightly above double top ........

 

[Asterix]

Huat arh! Kachin, kachin, kachin ............... $$$$$$$$$$$$$$$$ ................... no time for ThrillSeeker, BytheWay and JahWhatTheFuck .................. $$$$$$$$$$$$$$

 

[Vulture]

Huat arh! Kachin, kachin, kachin ............... $$$$$$$$$$$$$$$$ ................... no time for ThrillSeeker, BytheWay and JahWhatTheFuck .................. $$$$$$$$$$$$$$

see how naive and stupid u are exposing another clone after ginfreely.. so do reveal MORE

 

[Asterix]

Huat arh ............ break down of support ............... more $$$$$$$$$$$$$$$$

No time for ThrillSeeker and JahWhatTheFuck ............. :oIo: