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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Elroy Jetson who wrote (200610)3/19/2020 6:40:26 AM
From: Elroy   of 206181
 
Yes, I'm sure lots of segments of the US energy industry are in trouble if prices sit down here. And with the virus grinding activity to a halt, it's hard to see any near term demand driver.

But....low priced energy and zero percent interest rates should provide a nice boost to the world economy when things get rolling again. Not all the energy service companies will be around to enjoy the boost, but that's the way the capitalist cookie crumbles.
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