Jolly decent of them. Can’t they just flood the market and be done with it. Getting so I can hardly afford to fill up my petrol tank. Guess I shouldn’t drive a bentley convertible…..
We’ve bumped up to $109.80 from opening lows around 108.24 in Asia on the back of the threats from Iran’s army chief which Gerry mentioned earlier. There’s some technical resistance ahead around 110.00, but the Feb contract has since eased … Continue reading
Habibollah Sayyari, Iran’s top naval commander, says “closing the Strait of Hormuz for Iran’s armed forces is really easy…..or as Iranians say it will be easier than drinking a glass of water” The commander adds “but right now, we don’t … Continue reading
Spot gold’s heading down towards yesterday’s lows around 1623 and just short of the 200 day simple MA currently around 1618.50. A break down here targets the Oct 20 lows of a round 1604 Nymex Crude’s also off, almost $2 … Continue reading