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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
usikpa
Moscow, Russia
Posts: 77
13 years ago
Feb 3, 2011 12:25
I know this is a fundamental question, rather than technical but...

Can someone explain to me plain simple - given where BDI/ BCI indexes are, one would presume it is only --what, a couple of bucks per barrel ? - to take oil around the Cape rather than through the Suez channel. So, why all the fuss and skyhigh Brent?
Qingyu
manchester, UK
Posts: 1763
13 years ago
Feb 3, 2011 11:54
yes, yesterday crude didnt below 89 disappoint me.
Boli Mekura
Guam
Posted Anonymously
13 years ago
Feb 3, 2011 11:38
DaveO, right. Mentioned that gold triangle yesterday. I thought nobody paid attention however.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 3, 2011 11:06
Gold is getting interesting forming a triangle (horizontal HVN). Looking like it might break to the upside, have to wait and see.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 3, 2011 11:00
I still favour the long side on CL unless 89.30 to 88.60 is broken
Qingyu
manchester, UK
Posts: 1763
13 years ago
Feb 3, 2011 10:51
crude hardly break 91.5
said
mulhouse, France
Posts: 2822
13 years ago
Feb 2, 2011 22:09
usikpa, no.
usikpa
Moscow, Russia
Posts: 77
13 years ago
Feb 2, 2011 21:57
Said

Is that a reference to URALS (oil grade, that is)?
said
mulhouse, France
Posts: 2822
13 years ago
Feb 2, 2011 21:42
yeah i know not living in guam but well informed from battery funds on the boulevard.
you see i am a gentleman and player. i am gonna let u do till i catch or lets say the one u dont see will catch you. i am a cat player my friend.
i am gonna give them one indication about u. URALSKY 47/48.

slip pay tight. money too tight too mention.
Boli Mekura
Guam
Posted Anonymously
13 years ago
Feb 2, 2011 21:33
said, really nice piece, my friend.