Oil higher on the report Iran oil journalist Reza Zandi reports:
An informed source just told me that it appears that Russia has agreed that there won't be any increase of 500 thousand bpd for the month of February, but, not the cessation of increase for the month of March. If Iran can somehow enter the market in February, the situation for the month of March will be complicated WTI is at the highs of the day, up $1.07 to $48.69.
The OPEC meeting gets back underway at the bottom of the hour.
Jubileey I pray the bible knocks some sense into you. I really do. You need it. Your thinking is very warped. You are living in the matrix where your reality is all f ed up.
guys no one should be calling or even hoping for war in order to get the oil price moving lol unless you worship satan. Plus not craving for war does not make someone woke or a lefty preacher lol Anyway calm down for a few minutes. I have heard OPEC and plus are considering cutting 500,000 bopd for feb..
well said antharry so we are just ordinary people with zero military budget now imagine was the nut jobs who own all the money and military plot. Looks likely that OPEC will not increase output according to rumours on twitter.
Guys all the best for 2021. I know if silver really moves maybe this can move to 4 or even 6£.. nice thought for 2021. But atm £3 sounds really nice for Jan/feb.
I agree tiger. How good do you expect the results for POLY to be for Q4 ? Surely it must be a bumper Q4. I think this can easily move to 20£ bucks if PMs hold in Jan. I am just about to check the 2019 Q4. Average Gold and silver price of 2019 vs 2020 interesting ...
RE: Precious metals up fast tonight!!31 Dec 2020 09:56
Auson, the other thing is I think on my personal opinion I think someone is getting ready to buy HOC. I know the other guys do not agree I think that might be the reason why the major holder sold some so he is not the majority shareholder anymore. HOC will release their 4th Q results in 3 weeks time. I can seriously see this moving to over £3 bucks if PMs move higher... also note typically PMs move higher in Jan and Feb. But we are not in a normal world anymore I hope the PMs move high in Jan and Feb but let's see.
RE: Precious metals up fast tonight!!31 Dec 2020 09:50
i was going to sell at 217p and then held because dollar index was so low and moving lower and gold and silver kept moving higher and thought if it drops buy back in but held on because I thought it might move to 225p... Gold almost 1900 again and silver well 26.50p..the last time silver was this high was 19th sep lol crazy how the PMs are all so low except POG.. Like I said on poly board upside down world... hopefully Monday will be an up day if PMs hold. I can feel covid21 round the corner.. waiting for hand**** to make the announcement soon.
gold and silver high again and dollar index the lowest for a long time and poly down by 4% from yesterdays high of 1743... nice. bizzaro world upside down.
RE: USD Falling also helps precious metals markets.24 Dec 2020 10:59
Sorry sotolo I thought there was some major mine update due maybe I imagined it. I remember I read something about brownfield vein they were investigating which was suppose to have massive amounts of silver.. I will need to look through the previous rns.
Thanks Soltolo, I am just a bit worried that the mine HOC were suppose to give an update on might not be so good, hence why Ed sold his 12% or am I being paranoid ?