Pumped hell, we have not yet begun to pump -g- ... they need more orders, they're in a position to fill them now, the stuff works well apparently and they've got a wide competitive advantage with their cost of materials, so it's a matter of making more sales like the recent ones
On forty-dollar oil - good luck with that, it would take serious worldwide depression ... maybe forty mid-90s dollars, which now would be what, about seventy, we may see that, but every day that goes by we keep burning up the cheapest stuff ... probably a good move to be short crude here above 100 though, as it seems logical they'd take it down for the US election
On the end of the world - it's not on for this week, imho
On gold - just watch em stomp it now, especially if/when it sticks its head up, best that can happen is if it's real quiet for a few days, then edges up nice and gentle, sneak move, nothing for the headlines |