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Strategies & Market Trends : Dividend investing for retirement

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To: golfer72 who wrote (21227)11/27/2014 12:51:50 PM
From: JimisJim  Read Replies (3) of 34328
 
The longest bust in the past 30 years was 2 years... worst case now would be 3, but remember that the surpluses we're seeing in the US are largely from shale fields that are on quite the fast production treadmill with steep decline curves... prices go below $60 -- and they could -- and you will see prices firming as producers get off the treadmill, finally -- this is what finally turned the corner in ng when the shale ng producers finally cut production as ng approached being free essentially.
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