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To: Goose94 who wrote (10538)12/7/2014 7:52:21 PM
From: Goose94Read Replies (2) | Respond to of 203019
 
Gold: From The Equedia Letter for 2015 - I totally agree.

The price of oil will begin to rise in 2015 because the U..S will have seen the immediate benefits of lower oil prices through consumer spending over the holidays - which in turn will boost the stock market even higher for the time being.

Some of Japan's nuclear reactors are also expected to come back online in 2015, which means the country will use less oil and gas. While this would lower the demand for oil, it also means - based on the above coincidences - that the U.S. can allow prices to rise, as it would not harm Japan as much as it has in the past years.

Once the US has achieved its temporary goal of increased consumer spending and higher retail stock prices, and Japan no longer needs as much oil, then Saudi Arabia may have lived up to its secret agreement with the U.S.

Since every oil producer wants to sell oil at higher prices, then perhaps Saudi Arabia will once again increase prices once it has fulfilled its secret agreement with the U.S.

Oil companies without debt are already set for a massive wave of acquisitions. Just ask the oil guys who are already looking for bargain assets to snatch up.

Oil stocks may not have bottomed, but its time to start looking.