Union Jack Oil Share Discussion Threads

[jammydodger1] 02/9/2019 09:54

It looking bad here Rns of last week should have made it a lot higher but people in the know dumping Could be back to 0.15 soon

[guesswhosback2] 02/9/2019 09:03

Any link to the article please?

[ileeman] 02/9/2019 08:47

I think there is probably still overhang from Chris Oils sells that the market makers are clearing, should not take long to clear looking at recent volumes.

[7rademark] 02/9/2019 08:46

Advfn monitor is down, hence the reported sells.

[maxwell] 02/9/2019 08:43

Looks as if indicated trades are all sells today which I think must
be wrong, plus volume low hence people are undecided as to which way
to move???????

[ileeman] 02/9/2019 08:39

If RBD and UJO announced on oil discovery of this size in the north sea it would be up a few 100% now, crazy world of the markets.

[7rademark] 02/9/2019 08:38

300m barrels would be nice, especially considering we have only expected gas

[theblackbaron] 02/9/2019 07:50

New article from CalifoniaJoe out 300m rec well I never at westnewton

[guesswhosback2] 02/9/2019 07:22

I'm expecting a climb over the next few weeks. If not I will be buying.

[atino] 01/9/2019 23:02

...futures have dropped a little bit low.

[atino] 01/9/2019 18:52

Could we see...another Monday “bloodbathR21; in the making again 😉🤑🤑🤑8583;💭ԁ73;

- On Wednesday CNN reported that Trump may have made up high-level phone calls to China in order to boost markets.
- Trump said his administration had spoken with China, but his aides say he intended to boost the markets with the comments 🤥.
- And China said the calls never happened🤷
27995;‍♂️.
- "I already think we're less responsive to these kinds of claims," said Craig Erlam, senior market analyst at Oanda.

[atino] 01/9/2019 18:48

Sunday round up - President Donald Trump said trade talks with Beijing are still planned for September after a new round of tariffs went into effect on Sunday.

"We are talking to China, the meetings in September, that hasn't changed," Trump told reporters Sunday on the White House South Lawn after returning from Camp David.

If you're reading this on Sunday, then the US-China trade war has just escalated once again 😳 Overnight, 15% US tariffs on Chinese goods worth an estimated $110 billion kicked in, as did Beijing's retaliatory tariffs on about $75 billion worth of US goods.

The world has already lived through two rounds of US tariff increases and Chinese retaliation. But this weekend's tariffs, along with another round that has been delayed until December 15, are different than the ones that came before, according to Aditya Bhave, global economist at Bank of America Merrill Lynch.

Tariffs went into effect early Sunday on $112 billion of Chinese imports. The 15% tariffs cover a wide range of consumer goods, including everything from certain types of clothing and shoes to some consumer electronics like cameras and desktop computers.

[guesswhosback2] 01/9/2019 15:35

It's the kind of junk that ruins a board.

[atino] 01/9/2019 15:22

Hey Pennyfalls (...did you know 🙇)

America’s first bond market was backed by a most macabre form of collateral: human beings, kidnapped from Africa and tortured into forced labor 😳 !

I have only learned it now, thanks to the New York Times’ breathtaking 1619 Project, led by Nicole Hannah-Jones.

“Enslaved people were used as collateral for mortgages centuries before the home mortgage became the defining characteristic of middle America,” Desmond writes. “In colonial times, when land was not worth much and banks didn’t exist, most lending was based on human property.”

He adds that “many Americans were first exposed to the concept of a mortgage by trafficking in enslaved people, not real estate.”

The degree of deadly “sophistication” in this ruthless system was a testament to its premeditated and organized nature.

This was already a globalized, if all-too-primitive, financial system.

“Global financial markets got in on the action,” Desmond says. “When Thomas Jefferson mortgaged his enslaved workers, it was a Dutch firm that put up the collateral. Most of the credit “powering the American slave economy came from the London money market.”

Now, why would any of this mind-blowing history been useful when I was reporting on financial markets in the early 2010? For starters, it would have made me a better human being 😍🥰🤩🙏7995;

More to the point, as Desmond notes, some of the same mechanics were at work then as underpinned the slave-based economy.
̷2;

“Consider a Wall Street instrument as modern sounding as collateralized debt obligations or CDOs, those ticking time bombs backed by inflated home prices in the 2000s,” he writes. “CDOs were the grandchildren of mortgage backed securities based on the value of enslaved people in the 1820s and 1830s.”

The similarity doesn’t end there: “Each product created massive fortunes for the few before blowing up the economy.”

Put another way, today’s might bond market, a formidable force on Wall Street and in world affairs, was born quite literally of human bondage.

Every trader should know that. So should every student of finance 🙇 Alas, we are not there yet 😕

[pennyfalls] 01/9/2019 14:59

Is there a cure for Atino’s Emoticon-itis ?? Is he 5 years old? (Or under)
Drives me nuts...I can’t even read what he’s saying between all the stupid faces/motifs.
Doesn’t;’;t particularly matter what he’s saying; when someone spouts so much os often, people just ignore. The number of ramblings alone show a lack of discretion.

[atino] 01/9/2019 14:16

And stop making every single post about me (...and including the header ! 🤦‍a94;️😜)


Only “I” get to gloat about “Atino”...when he’s posting monies LIVE 😎🤑🤑🤑

[atino] 01/9/2019 14:08

Dude - I want the positives & negatives 😤 with transparency 😤(...not interested in one sided arguments/debates/or views...spanning mostly from...invested “hopefuls̶1;!) 🙇

Happy Sunday fella😜

[speed camera] 01/9/2019 13:55

Atino .. you seem to have a bit of a mental problem.

You are clearly negative, and for what reason I haven't a clue. Maybe somebody at UJO has run off with your wife.

Anyway you are paranoid in posting unrelated negative snippets 24 hours, every day. That is unfair as the UJO board are unable to defend themselves on a daily basis against your stream of pessimism since they must be occupied with getting on with proving up their resource (whether good or bad.)

Maybe you should see a doctor Atino old chap.