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Oil's down, I see.

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bhinso
World Chat Champion



Joined: 21 Jun 2008
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PostPosted: 15:51 - 23 Apr 2020    Post subject: Reply with quote
Polarbear wrote:
bhinso wrote:
This thread is informative.

I was shocked when the price went negative. I was starting to think I could do a China and 'buy' up loads of oil (i.e. be paid to take it), then sell it when the price went positive again.

I know nothing about economics Sad


The theory is fine, it's whether you can dig a big enough hole to store a few million barrels of the stuff at the bottom of your garden. Laughing

Oh, and you have to collect it as well. Thumbs Up


My idea is to order millions of barrels by royal mail. By the time it arrives the price will have gone up and I could sell it Thumbs Up
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Easy-X
Super Spammer



Joined: 08 Mar 2019
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PostPosted: 19:13 - 23 Apr 2020    Post subject: Reply with quote
bhinso wrote:
My idea is to order millions of barrels by royal mail. By the time it arrives the price will have gone up and I could sell it Thumbs Up


Or use Hermes and the price will be even higher... if the delivery ever turns up!
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Old Thread Alert!

The last post was made 4 years ago. Instead of replying here, would creating a new thread be more useful?
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