Open question - Financial

[TeeDee]

What’s chances that’s reflected at the pump?
There was supposed to an extra 27 and 32 cents per litre on petrol and diesel respectively here (Ireland) pushing price per litre above 2EUR. That on top of the oil companies gouging is hard to swallow.
Meanwhile electricity suppliers are shutting down nuclear power stations because the water supply is too warm for effective cooling.
Is there a market for woolly blanket futures?

There is , its mainly located in the darkest regions of Wales and New Zealand, but be careful before (Sheep) dipping your toe in or ewe may find yourself fleeced.

 

[slaine_23]

There is , its mainly located in the darkest regions of Wales and New Zealand, but be careful before (Sheep) dipping your toe in or ewe may find yourself fleeced.

Sound advice.

 

[Falstaff]

Not having much interest in the orange man I hadn't noticed the weekend noise trend, but think Horse guy is right. I've just deleted my speculations on motives, as that is definitely political.

 

[Chris]

Modest spread of global ETFs still vastly outperforming silver and gold 6 months later. Fun to have some shiny things and as a small hedge maybe even sensible, but I’d be cautious of following the hype here when it comes to PMs.

Long term this is likely to continue to be the case, but hey, none of us can know what’s going to happen. Fingers crossed that whatever you have does well for you.

 

[nigelp]

Alongside some other savings and investments a small stash of shiny for emergency cash is always worth having. So long as it keeps pace with inflation and selling costs in relation to what you paid.

 

[HorseGuy]

Modest spread of global ETFs still vastly outperforming silver and gold 6 months later. Fun to have some shiny things and as a small hedge maybe even sensible, but I’d be cautious of following the hype here when it comes to PMs.

Long term this is likely to continue to be the case, but hey, none of us can know what’s going to happen. Fingers crossed that whatever you have does well for you.

It's been a brutal 6 months that's for sure! If you're willing to be patient I'm still confident that you'll be pleasantly surprised when it makes it's move.

The fundamentals drivers that were pushing the price of silver up have not changed. So the way I see things are thus: As I considered silver to be a fair to good value investment proposition when it was priced at £88 during its peak in January then that must mean that at just £44 it's now back on sale again for half price. Happy days! That's great news for anyone who wanted to buy but felt like they had missed out on the opportunity when it spiked up so quickly in January.

Ok so at £44 that may not be quite the massive raging bargain that it has been for the past decade or so when it was stuck in a range between £10 and £20 and no one was interested in it. But at £44 that is still fantastic value by my reckoning.

 

[HorseGuy]

Alongside some other savings and investments a small stash of shiny for emergency cash is always worth having. So long as it keeps pace with inflation and selling costs in relation to what you paid.

Personally, right now, I'm most interested in food, oil, silver and copper in that specific order.

I think food will rise in price by the highest percentage, then silver, then oil, then copper. But all four look like promising investment opportunities in my opinion.

Ps This not investment advice etc etc...