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

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Brian Sullivan
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To: Fiscally Conservative who wrote (186787)12/1/2014 11:18:22 AM
From: zebra4o16 Recommendations   of 206338
 
Yes! Everyone (beside energy investors) seems to be euphoric about this drop in the price of oil and how much it will help the economy. But seems like the fall could be interpreted instead as a sign of a nasty global slow down.

On the other hand, the commodity market has become totally financialized, so we could be seeing primarily a trading driven crash. Could go way farther than makes any sense based on the fundamentals. This could cause lot of financial chaos - bond defaults, bankruptcies, etc. Not necessarily bullish for the S&P.
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