Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (184914)	8/4/2014 10:03:39 AM
From: Dennis Roth	1 Recommendation Recommended By evestor Read Replies (5) \| Respond to of 206114

Shale gas: 'The dotcom bubble of our times' Comment: output from shale wells declines so quickly that they will never be profitable – when investors realise this, the industry will collapse, writes Tim Morgan telegraph.co.uk The seemingly inevitable outcome for the US shale industry is that, once investors wise up, and once the drilling sweet spots have been used, production will slump, probably peaking in 2017-18 and falling precipitously after that. The US is already littered with wells that have been abandoned, often without the site being cleaned up. === He's telling you to wise up and realise that shale wells will never be profitable. As an aside , Citi released a write up on bubbles Monday. Monday Morning Musings Blowing and Bursting Bubbles The investment community has become somewhat obsessed with bubbles ever since both the tech and housing booms blew up portfolios. 1 August 2014 ¦ 14 pages ir.citi.com