Search found 13 matches

by tymeric
08 Sep 2011, 13:05
Forum: News
Topic: Current Gold Price
Replies: 1175
Views: 247157

http://goldnews.bullionvault.com/gold_bullion_090720113 Kazakhstan's central bank meantime pledged Wednesday to buy all of the country's domestic Gold Bullion production until at least 2015. Kazakhstan produced 26.9 tonnes of gold last year, making it number 20 in the world, according to leading pre...
by tymeric
02 Aug 2011, 06:57
Forum: News
Topic: Current Gold Price
Replies: 1175
Views: 247157

http://www.bbc.co.uk/news/business-14368064

South Korea's central bank has confirmed it has made its first purchase of gold in 13 years.

The purchase of 25 tonnes of gold shows the bank is diversifying its foreign exchange reserves away from the US dollar.
by tymeric
05 Jul 2011, 15:47
Forum: Preparations
Topic: cheap wood burning stove?
Replies: 8
Views: 4705

Have a look on Ebay under Gas bottle wood burner. There are'nt many listed at the moment but to give you an idea, if you look under completed listings, there are several for around £60 + £15 delivery
by tymeric
24 Jun 2011, 20:52
Forum: News
Topic: Current Oil Price
Replies: 3711
Views: 697036

I think it might be a desperate attempt to get the US/european economies growing again and so avoid a stock market crash followed by QE3 in the US.

I think you could be right

http://www.bloomberg.com/video/71393210/
by tymeric
22 Jun 2011, 07:37
Forum: News
Topic: Current Gold Price
Replies: 1175
Views: 247157

http://blogs.ft.com/beyond-brics/2011/06/22/london-headlines... ‘Collectors’?spur Beijing to step up production of gold Panda coins China’s central bank will produce more than double the quantity of gold Panda coins this year than it had planned, in response to a surge in buying from Chinese investo...
by tymeric
14 Jun 2011, 11:51
Forum: News
Topic: Disaster ahead
Replies: 8
Views: 1091

Disaster ahead

http://www.businessinsider.com/jeremy-grantham-commodity-prices-2011-6 Legendary investor Jeremy Grantham of GMO has published a treatise on the root cause of exploding commodity prices. He has also offered a startlingly depressing outlook for the future of humanity. Grantham concludes that the worl...
by tymeric
05 Jun 2011, 13:07
Forum: News
Topic: Britain as vulnerable to energy price shocks as Uganda
Replies: 20
Views: 2665

Not sure but I believe it's really down to the cost of development, license bock, type of oil/gas and the size and geographical location of the field. The following map gives a rough idea of the number of smaller fields just in the southern area of the North Sea, apart from the middle and northern a...
by tymeric
05 Jun 2011, 11:23
Forum: News
Topic: Britain as vulnerable to energy price shocks as Uganda
Replies: 20
Views: 2665

Or on the other hand you could see not developing the fields now as a good policy as it gives the Uk some reserves if when the Oil price spikes That's the problem, as I understand it, some/many of the marginal fields require the use of the existing infrastructure to get it ashore. Once the big fiel...
by tymeric
05 Jun 2011, 08:39
Forum: News
Topic: Britain as vulnerable to energy price shocks as Uganda
Replies: 20
Views: 2665

Britain is at "high risk" of energy price shocks in the short term, with a dependence on imports making it just as vulnerable as Uganda, according to new research. As much as I believe in Peak oil, or actually Peaked oil, Uganda is not as badly off as the author implies.In fact, they are ...
by tymeric
23 Feb 2011, 19:59
Forum: News
Topic: Oil price 'could hit $220 a barrel'
Replies: 22
Views: 2941

I imagine things could quite easily flare up there again - it's probably the most volatile of all the North African countries.

Roughly, 75%? of the population is under 30 and unemployment is high, which makes for high volitilty
by tymeric
09 Feb 2011, 08:59
Forum: News
Topic: Peak Oil Wikileaks
Replies: 65
Views: 10180

If Saudi Arabia and the other petrostates with bulging populations don't start investing their cash very wisely the future looks bleak for them. Saudi were talking about holding back a bit of oil 2 years ago. http://www.upstreamonline.com/live/article152344.ece Saudi Arabia's King Abdullah said he ...
by tymeric
09 Feb 2011, 06:36
Forum: News
Topic: Peak Oil Wikileaks
Replies: 65
Views: 10180

US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%

Shame Matt Simmons is'nt around to read this. it was his book "Twilight in the desert" that convinced me about Peak Oil.
by tymeric
25 Jan 2011, 08:51
Forum: News
Topic: IEA doubles global gas reserves estimates
Replies: 28
Views: 3472

Hi I'm not remotely qualified to judge this but this guy (Nick Grealy) at the 40th Oilbarrel conference seems to have nothing but good things to say about Shale Gas and that the problem is increasing demand and not supply... I'm sitting on the fence at the moment but, I have a healthy skepticism abo...