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The Grabber

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The Grabber

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Re: Alton post# 38517

Tuesday, 11/04/2014 3:49:29 PM

Tuesday, November 04, 2014 3:49:29 PM

Post# of 47133
Hi Alton.

If quality energy stocks continue to drop and get to fire sale prices I'll be jumping into those as well!

Just heard on the radio this morning that Saudi Arabia just marked down their price on exported oil to fire sale prices so as to run the little guys here in the US out of business.

Complicating the issue is that the Mid-East emirates and kingdoms need that revenue to keep their largesse going to the public. Otherwise their rule is at risk.
OPEC is in trouble.

That's what happens when the free markets aren't allowed to seek their natural level.

BTW: I've been adding to both my SLV and AXAS positions.

Best Regards, Steve (The Grabber)

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