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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (7129)	6/14/2012 6:16:21 AM
From: marc ultra	2 Recommendations Read Replies (1) \| Respond to of 10065

<Falling crude prices is the discounting of an economic slowdown. True but it's also the strong dollar with Europe a mess and while it's not huge as to affecting short term oil prices the US, the shale revolution is slowly changing everything. With oil plunging consumer spending should be strong and shale drilling is causing a boost in employment with high paying jobs while the resultant collapse in US nat gas prices is slowly having companies that use nat gas insourcing back to the US. With zero inflation we have the Fed still stimulating to death. I continue to see the ECRI's recession call as wrong. Would be interesting if Bob had Charlie Maxwell on again to see what he thinks of peak oil now with a massive supply to be added by shale.