I must point out that the recorded forecast last week of .25p by BhoyGeorge was by far furthest from .725p. Would not suprise me if he counters with "Never mentioned .25p. I sold at 1.09p on 8 June and told everyone later that day they should sell at .8p. I did that through altruism and love for my fellow investors, but I am without doubt the greatest expert on Range". Something similar anyway.
Expect Bricket and Ansom will simply counter with "we are just so much finer human beings than Celtic"
These are constant and repetitive. I note that the price forecasts for last Friday close varied a lot. But the furthest out were BG, Bricket and Ansom. Celtic "clowns" were closest - not that being Irish, Welsh or Scottish makes us superior to any other nation.
I intend to file the "anti-CH at all costs" forecasts away and in 10 years time contantly tell them that I lost loads of money because I followed their charts and advice way back in June 2015!!
BG is in an impossible position. Celtic rambles on about charts and things (yawn) and then offers his views about IS in the middle east (yawn). Neither contribtions make any sense. BG simply calls things as he sees them and deserves a lot credit for maintaining his composure under duress, when it would be so easy to over react to the none stop tosh man from Wales posts with alarming regularity. It may cme as a surprise, but I hadn't used the word 'tosh' for 17 years until I cam across celtic on this board. Now I am obliged to use it with gay abandon.
According to Daniel Yergin, the energy expert and vice-chairman of IHS, the business information provider, the biggest threat to oil prices is the political chaos that threatens to engulf the Middle East, combined with the West's reluctance to intervene.
Speaking to The Sunday Telegraph, Mr Yergin argued that the price of a barrel of oil could skyrocket to levels above $100 per barrel if Isil is allowed to press deeper into Iraq, the second-largest producer in the cartel after Saudi Arabia.
"Isil presents a whole new reality for the region, which just isn't reflected in the oil market at the moment," said Mr Yergin. "It's an increasingly grave situation for most of Opec and the Middle East. At some point the security issues will start to come back into the price of oil."
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