Bp Share Discussion Threads

[ianood] 28/8/2015 23:41

hxxp://www.bnn.ca/Video/player.aspx?vid=688482

[the poo fighters] 28/8/2015 18:22

Is it a bird, is it a plane?

No - it's POO!

[smurfy2001] 28/8/2015 16:50

Pretty good recovery

[meanwhilebackatthepumps] 28/8/2015 08:48

As you seem to know, the most hypocritical people on planet earth, reside in the US of A.

[prambigear] 27/8/2015 22:07

Sorry Robert Faulkner, I was away from the thread. Thanks Spacecake.

See what I mean though. Massive, unrecoverable, damage to the delta caused by human action..... and NOT BP. However, I guess they will have raised a few bob to help them get over their loss from 'good ole BRITISH Petroleum'.

You can stick that in your Uncle_Sam

[spacecake] 27/8/2015 18:59

RF,

Its the radio..

[robertfaulkner] 27/8/2015 18:41

Pram, I would like to record the BBC prog on disappearing delta.

I can't see it in the schedule

Is it on the BBC radio?

[spacecake] 27/8/2015 17:55

Pram, will that programme clash with "The secrets of quantum physics" ?

[prambigear] 27/8/2015 16:14

Don't blame me uncle_sam, I am only reporting the fact.

Maybe instead of yawning you would like to 'talk' about Bhopal?

[prambigear] 27/8/2015 15:11

After 3 years of being told that BP is responsible for 'killing' the New Orlewans delta and so on..... there is a BBC programme tonight about the disappearance of a piece of land larger than a football field EVERY HOUR.

Is it BP? Is it hurricanes? No. It is the fact of the army building efficient levees so that the delta is drying out and sinking beneath the water!

You couldn't make it up... and I didn't. It's true. So, destruction of the 'natural environment'.... it depends who did it.

[sludgesurfer] 27/8/2015 15:03

An environmental activist? They've been looking at them for years.

[nw99] 27/8/2015 13:57

Rumours an activist is looking at BP

[diku] 27/8/2015 08:41

Think the big money probably still waiting revisit to 300p....

[mreasygoing] 26/8/2015 18:53

Yes, gold shares appear to be a decent play for the next couple of years. China hasn't stated its true gold reserves, but continues to buy large quantities.

I'll have a nibble of BP. if it gets to £3.00. But will keep plenty of powder dry.

[buywell3] 26/8/2015 17:47

................ China and the 2015/2016 Currency World War ..............

Yes well spotted OVER 50% of their debt is property related

A capitalist type bubble waiting to go pop

Setting up a stock exchange based upon western standard as the Chinese Government has ... they are now probably regretting or will be soon.

The recent highs have been on the back of PI's in China borrowing from Shadow banks and other high interest lenders.

There will be a lot of poor former PI's that bought shares thinking they were a one way bet.

Which will be a major headache for the Government of China , (currently is one)

Their various actions over the last few weeks shows they are in crisis , and are trying a variety of quick fix solutions.

A currency war, full blown type , will hurt the USA and the EU more than it will hurt China

I still expect them to devalue by another 5% before Nov 5th .

Another 10% drop then in Global share markets

But by xmas the weaker Yuan should start to help exports albeit only by a few points to get the manufacturing index up to nearly 50.

I expect China to devalue further by another 10% next year in two tranches , the 1st in Jan or Feb 2016 .

Another 10% fall and the DJIA is now sitting at 14,000 .... end Jan early Feb

Chartwise this is a perfect fit if the DJIA goes sideways at around 16,000 ( which I called on another thread a couple of weeks back)

The USA will then be very accommodating towards China ... as the dollar will then be going higher and their export markets and the EU export markets suffering.

In other words Global recession by Feb 2016 will be the case.

China will also probably do another 0.25% interest rate cut before xmas this year just to put the boot in and make uncle sam say ''uncle''

All the USA and EU will have left is more QE to drop the value of their currencies ... as 0% is a white flag and means the currency war has been lost.

Expect to see China adding more GOLD to its reserves at these lower prices every couple of months for the next year and a bit ... though they will try to keep it mum.

GOLD to $2,000 plus within 3 years looks on as a result of the wall of paper coming our way.

OIL ... not looking good for 2016 as Global recession is conceded by the powers that be.

Time to consider Safe Haven Sector stocks and has been for the last 12 months and more if you paid attention to the BIG picture and stopped reading ramping tripe

[harrison ford] 26/8/2015 17:46

Orders are UP for gas guzzling 4x4's. Hell I know I can drive about all day at these prices!

[adh0] 26/8/2015 16:45

Apparently not yet.It will though, One day. The World population is still growing rapidly, mainly in areas which don't yet consume as much oil per head as developed nations. They will catch up. Global demand may have fallen a bit and many economies are lack luster but do you know what will put a rocket into them all, oil at $40 a barrel that's what!

[on fall street] 26/8/2015 13:23

Has the worm turned?

[bracke] 26/8/2015 13:04

Resistance likely at 347.

[optomistic] 26/8/2015 11:44

Oil gone up?

[linton5] 26/8/2015 11:39

Have it😜

[dmf] 26/8/2015 10:34

EIA Petroleum Status Report released 1.30

Likely to put pressure on share price inventories have increased significantly !

Definition
The Energy Information Administration (EIA) provides weekly information on petroleum inventories in the U.S., whether produced here or abroad. The level of inventories helps determine prices for petroleum products.