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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Jacob Snyder who wrote (186417)11/10/2014 10:07:08 PM
From: elmatador1 Recommendation

Recommended By
Jacob Snyder

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How oil prices develop:: Non OPEC US appears out of nowhere and becomes price swinger
Saudis drops prices to tell US: either you become part of the price-fixing scheme or we'll punish your shale operations. Other highs costs Ultra deep Brazil, Mexico an Africa West Coast are also punished.
Bonus:

This will go until US comes to the table and become part of the price fixing scheme and agree 'optimal' pricing level.Then we will back to the old normal.

US think tanks are now working overtime analyzing the consequences of low oil prices. What if the US establishment start linking low oil prices?
Look to after effects: of low oil prices
  • Population happy.
  • Treasury happy since taxes on gasoline are still there and coming strong.
  • Auto industry salivating.
  • Air travel profitable.
  • Big consumer US armed Forces gorging in cheap oil.
I am basically saying: this is the 60s again!
Then the geopolitical gains: Iran and Russia suffering.
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