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<p>[QUOTE="alldrr5, post: 1437245, member: 11543"]Oil, Oil, Oil......everything hinges on oil. Oil prices have fallen substantually this last few weeks. Let them keep falling & I will keep buying....just double down on your last purchase till it rebounds and it will.</p><p> The Saudi's need it at $100 per barrel to keep their status quo & our frackers in the US only break even at $80 per barrel.</p><p> The Saudi's will ship less & the frackers will shut down wells if prices aren't to their liking. Thus, just bringing the prices back up.</p><p> Kinder Morgan cut back production/shut wells when the NG price just plain bottomed. Since then it has started to rebound.</p><p><br /></p><p> So keep buying that silver but load up on oil trust,oil producers, and oil suppliers while prices are falling. You will be rewarded in the end. If anyone thinks oil is going to be below $100 per barrel for long (1-2 yrs.) then, oh well.</p><p><br /></p><p> I love my ASE's but they just don't power the car well or generate that electricity. I can imagine this world with no electric power......no oil for transportation, heat, packaging products, etc....</p><p><br /></p><p> Buy Silver, Gold, Oil, Electric,......but most of all, BUY AMERICAN!</p><p><br /></p><p> Peace To All[/QUOTE]</p><p><br /></p>
[QUOTE="alldrr5, post: 1437245, member: 11543"]Oil, Oil, Oil......everything hinges on oil. Oil prices have fallen substantually this last few weeks. Let them keep falling & I will keep buying....just double down on your last purchase till it rebounds and it will. The Saudi's need it at $100 per barrel to keep their status quo & our frackers in the US only break even at $80 per barrel. The Saudi's will ship less & the frackers will shut down wells if prices aren't to their liking. Thus, just bringing the prices back up. Kinder Morgan cut back production/shut wells when the NG price just plain bottomed. Since then it has started to rebound. So keep buying that silver but load up on oil trust,oil producers, and oil suppliers while prices are falling. You will be rewarded in the end. If anyone thinks oil is going to be below $100 per barrel for long (1-2 yrs.) then, oh well. I love my ASE's but they just don't power the car well or generate that electricity. I can imagine this world with no electric power......no oil for transportation, heat, packaging products, etc.... Buy Silver, Gold, Oil, Electric,......but most of all, BUY AMERICAN! Peace To All[/QUOTE]
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