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Gold/Mining/Energy : Big Dog's Boom Boom Room

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old tx oiler
To: Dennis Roth who wrote (179516)7/15/2013 6:50:34 PM
From: Bearcatbob1 Recommendation  Read Replies (1) of 206175
 
Bill has been very wrong on the price of NG - especially in terms of timing. I as a former subscriber I can vouch for the pain of his being wrong (eg UNG).

What always gets lost in this discussion is - what is cheap natural gas? Is it $6 or $3. I submit to you that $6 is cheap and that the supply at that price would be overwhelming.

If the argument is that $3 or even $4 NG will soon disappear - I fully agree. I submit that at $6 NG is still very cheap.

And oh yes - I read the article and re the GOM - lol - just wait until the price justifies the MMR ultra deep.

I will NOT be buying his book.

Bob
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