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- leeshindig replied Feb 7, 2016
url thought this was interesting..
- leeshindig replied Feb 7, 2016
Hmm interesting view. Yup, agree on topic , Oil? Too much uncertainty just now. Good for knife catching, good for being stripped of your wealth for a couple of year. Plenty time to make a move imo, no need to be macho and catch the bottom in what ...
- leeshindig replied Feb 7, 2016
oh you mean for gold spot to dip under that $800 production cost? Can't see that with the markets like they are right now. I misunderstood. Personally I don't like to catch a falling knife, so would look for signs of life/reversal before making a ...
- leeshindig replied Feb 7, 2016
a lot of the main miners in GDX have cut costs snd can make a profit on $800 -$1000 gold. ABX , SLW etc so it's been or still is under the cost of production for a long time
- leeshindig replied Feb 7, 2016
Hey.. hope you took a look at Gold miners. Since I posted here January 1st..? Good gains all round. I think there's plenty legs in it too, there will be some obvious dips to buy in on along the way. url
- leeshindig replied Jan 11, 2016
The reason why oil prices are not at $50 anymore is because of things like this (amongst other reasons obviously) . It's becoming apparent that oil isn't as rare, or in a short supply, as the world thought a few year ago.
- leeshindig replied Jan 1, 2016
It's not so much the actual impact of Iran, it's the uncertainty surrounding it. That's what spooks the market, and until it works out, I think Oil will be finding a range down here for a while. Re Gold miners.. yeah you're probably right of needing ...
- leeshindig replied Jan 1, 2016
You could be along the right track long term, if you have the nerve to sit tight.. but I wouldn't expect Oil to be a great industry to be invested in 2016.. It's not just the OPEC oversupply, it's the fact that Iran is about to flood the market for ...
- Posts by Member Search: 'leeshindig'