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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: TobagoJack who wrote (154137)3/10/2020 8:38:14 PM
From: RetiredNow  Read Replies (2) of 217796
 
I read somewhere that only 4 shale drillers make money at $26 oil. Crazy! Well, I think the Russians and Saudis are hoping to put us out of business with this move, but what they don't realize is that the oil majors will just come in and buy those assets on the cheap. So then our shale play in the US becomes even stronger. OPEC is dead. They'll revive it, but we have them on the run. Market economies are always stronger than manipulated competitors.
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