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Happy New Year people.

There have been some big movers today - even though the FTSE had a good day all is not well around the Globe.

Crude oil has leapt back above $60, up $2.40 on the day to $63.45.

Gold has gone mental up $12 to $529.70 or £306 - Nice!!

That's an annual gain of +$100.

Meanwhile the DOW is struggling down a point to 10,716.

We have one hell of an exciting year ahead of us.

CB.

:)

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Why is the FTSE up, but the Dow isn't? Whats the difference?

FTSE's oil components BP & SHEL make up almost 1/4 of the index. Also, Dow is "old-economy" that is very reliant on energy prices.

FTSE/S&P500 is a much better comparison.

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Happy New Year people.

There have been some big movers today - even though the FTSE had a good day all is not well around the Globe.

Crude oil has leapt back above $60, up $2.40 on the day to $63.45.

Mark my words - US GASOLINE CRISIS. Maybe not this month, but before the summer.

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Happy New Year people.

There have been some big movers today - even though the FTSE had a good day all is not well around the Globe.

Crude oil has leapt back above $60, up $2.40 on the day to $63.45.

Gold has gone mental up $12 to $529.70 or £306 - Nice!!

That's an annual gain of +$100.

Meanwhile the DOW is struggling down a point to 10,716.

We have one hell of an exciting year ahead of us.

CB.

:)

I've been posting about this all day see: http://www.housepricecrash.co.uk/forum/ind...showtopic=21413

DOH !!!!!!

:unsure::lol: :angry: :lol::lol:

Incidentally I think the Euro markets did even better and remember many Euro markets were open yesterday and they did well then.

Edited by penbat1

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Why is the pound up?

I am confused about all this talk of gold. I have been told you cant buy gold? I assumed people were talking about shares in mining companies?

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I am confused about all this talk of gold. I have been told you cant buy gold? I assumed people were talking about shares in mining companies?

Why do you think one cannot purchase gold? :blink:

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I am confused about all this talk of gold. I have been told you cant buy gold? I assumed people were talking about shares in mining companies?

Try www.taxfreegold.co.uk or any other online gold broker.

You can buy Coins / Bars / Shares etc...

I have coins, but only so I can count them like Scrooge McDuck :lol::lol::lol::lol::lol:

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And look at the gold miners! They're finally moving with the gold price unlike in the previous peak.

Is this the public buying? Funds starting to invest in gold shares?

HUI + 8% on the day!

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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