RE: Commodities cycle23 Apr 2018 14:16
Eh?? Article extract:
''WTI Testing Resistance at $70: Since its low of $26 per barrel in February 2016, the price of West Texas Intermediate (WTI) crude has surged nearly fivefold and is currently at its highest level in more than three years. ''
Since when is $70 a fivefold increase of $26. Isnt that $130?? Shdnt that be**almost threefold** up from level of three years ago, not *fivefold*.........
The author needs to get hsi maths right first me thinks, lol! ;)
He hasnt even mentioned pending ARAMCO IPO re. oil.............
And as for gold. Sorry, not convinced. Disagree this is the time to buy gold personally......AIMHO.
Thanks Madpunter:)