When it became very obvious that there was going to be a substantial economic downturn I started to read articles on how low the markets would fall. I have read all kinds of ideas on the subject, those related to charting and historians comparing to previous drops to name but two. One simple suggestion appealed [...]
Recycling Oil Rigs ? Lots of stories this week about Oil Rig Demand dropping quickly due to the decrease in the Oil Price.
We have already suggested that the recent production cuts should mean the price starts to move north, which would improve Rig Demand.
But what about abandoned or retired rigs …. here is a great [...]
The Gold Price has risen steadily over the last six months as everyone scrambles for a safety net or hedge against the current economic crisis. Large amounts are being invested into Gold ETF’s and Gold Mining Shares are starting to move upwards, although they seem to be slightly behind the Gold Price.
Gold dealers are regularly [...]