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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: John Hunt who wrote (24188)12/12/1998 11:44:00 PM
From: Giraffe  Respond to of 116982
 
>>FWIW, I think lower oil prices will bring Mexico and Venezuela to their knees, which together with a worsening of Brazil's problems will directly and seriously impact the US economy.<<

Not to mention Russia which was even choking back in the 'good old days' of $12 a barrel (a few months ago).

And the House of Saud which clings to power by burying dissidents in oil dollars.

In fact the whole mideast could get very messy indeed.