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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: isopatch who wrote (183990)5/21/2014 8:40:13 AM
From: Dennis Roth1 Recommendation

Recommended By
isopatch

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The only thing I can foresee that would interrupt this BOOM is another recession.
A significant drop in world oil prices could do it.

1.) There are signs the global economic recovery is not that robust.
2.) Oil prices have been propped up the last two years by geopolitical events that may not last.
a.) Libyan oil has been kept off the market by factional disputes in which currently no one profits.
Libyans may come to their senses and come to some sharing agreement in which everyone gets
something instead of having 100% of nothing.
b.) Kurdistan and the government in Bagdad may come to an agreement that will allow more Kurdish oil
to be sold. Bagdad needs the money and the elections are over.
c.) Iran may be allowed to sell more oil if they fool the West into thinking they are no longer trying to build
nuclear weapons.
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