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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Augustus Gloop who wrote (16334)12/12/2014 11:45:00 PM
From: Davy Crockett1 Recommendation

Recommended By
Hawkmoon

   of 33421
 
... just a wild guess... looking at the charts... methinks $30.00 US.

Two problems
- not enough demand

- too much supply

= fracking and lack of demand in China and everywhere else has completely changed the picture.

I'm glad that the oil sheiks are no longer in control

Regards,
Davy

edit:
Unfortunately the US and everyone else is importing the scariest scenario = DEFLATION

Where's Helicopter Ben? Gone when we need him most. At least he had some ideas... did some research into the Great Depression.

Say what you will about Ben...

I don't think Janet Yellen is up to the job...

Another freakin' academic... just we need
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