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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: JimisJim who wrote (187342)12/19/2014 7:45:05 PM
From: Sam1 Recommendation

Recommended By
Eric

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I wonder how "the crowd" has it wrong this time?

Underestimating depletion? Along with lower energy prices leading to a much stronger economy. Let's not forget that the economy was already getting stronger with high energy prices. China and the EU, not to mention developing countries, Japan, India--they will, for the most part, greatly benefit from lower energy prices.

"The cure for low energy prices is low energy prices."
--anon
My guess, FWIW, is we'll have lower prices over the next 4-9 months, then they start creeping back up into the 70s/80s. I think that we will get enough supply there to meet demands of decent economic growth.
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