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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: elmatador who wrote (188339)1/26/2015 6:11:50 PM
From: Bearcatbob  Read Replies (2) of 206325
 
Elmat, I have no idea what you are talking about. If you think the shale oil boom was all about QE - I think you are delusional. The shale oil boom was all about high priced energy. Drilling - where allowed in areas not controlled by the loony left - was purely a business response to economics. Markets and technology worked - where allowed outside the rule of the loony left.

Low interest rates are not unique to the US. Heck, in Europe even before QE rates were approaching negative. With negative rates - someone please tell me how there can be European QE? One could actually say the US has high interest rates.

There is no conspiracy here. What we have seen is the efficient - and to be expected - function of markets.

As always - the cure for high energy prices was high energy prices. Now - the cure for low energy prices will be low energy prices. No conspiracy. No mystery. Simply the normal function of economics - something many nations around the world simply have no concept of.

Oh - btw - how this the ex(?) commie working our in Brazil these days?

Bob

PS: As loony as Cuomo has been on fracking - the guy is being truly bold on education. He is in danger of loosing his loony credentials. I commend him on his education moves.
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