'Those nitwit Provincial tax crazed authorities will back off as development of the Alberta energy resources is not a question of IF, but a simple MUST.'
It's also a question of WHEN, and the correct answer could well be OVER MANY YEARS AT MEASURED PACE ... oil is finite, you only get to burn up each barrel once, albertans really would be nitwits if they were to hand it over virtually free so it got shipped as cheap as possible over the border when it is plain that rationing it out to some reasonable level would mean there is something left for their children who could, if they were taught to manage it well, get considerably greater value for it
Sinclair is worthy of a lot of respect, for sure heinz, still stuff like this is a bit much ... his targets for gold are pretty reasonable i think, conservative even since the old high of 800-something is still far off in inflation-adjusted terms, well over 2000 by now ... and gold needed a cheerleader, absolutely ... still there is something in the dramatic wording that is a little embarrassing, don't you think
The loonie at 1.25 would shut down large parts of this country, never mind 1.71 ... fine for those of us in oil and gold production i guess, but what about the rest, many are hurting now at 1.07, have been since .90ish |