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Anonymous
2016-01-22 05:36:20 Post No. 1054129
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Anonymous
2016-01-22 05:36:20
Post No. 1054129
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>not realizing all investors are directly in competition
>taking advice on shares and stocks from anyone who has any
the amount of effort put into misleading investors is what makes the game, anyone giving you advice is either going under or ripping you off
and no oil is not going to rebound any time soon
saudi cartel is driving the price down to put foreign competition out of buisiness, they figure if the margins fall dramatically only the ones with the highest output will survive; and they know demand won't shift because the petrol giants will just pocket the savings
but I think other countries are cottoning onto saudi tactics and will invest in their oil production regardless of poor prices, knowing the saudis will drive prices up with another war when their competitors in shale and sea oil go bust
but then something awful will happen, too many producers will mean the saudis will loose control of prices and not be able to lift prices by reducing output, investors will panic and we will see an oil crash where oil becomes a national protected resource like water, not a traded commodity
