The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Cogito Ergo Sum who wrote (21468)	7/23/2009 11:31:51 AM
From: Real Man	Read Replies (2) of 71417

It's pretty much a myth. Production is elastic, more gas is available at a higher price. Shale gas is definitely not coming out at current prices. Yeah, last year all this stuff came out when gas traded at 12. This year, well, all this will be shut down, with gas at $3, and there will be shortages this Winter unless they lift prices quickly. This collapse is unreal, and 50% below cost. Takes time to ramp up, takes time to shut down. They punish speculators for running commodities up, should they punish GS and ilk for running them down? They will be to blame for the shortages later, as some of the co-s will go broke if they keep pumping and shut down permanently. Prepare to freeze if the winter is cold. NG stocks are not going to gradually come down, they are going to crash at some point.

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