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Re: goldbug7 post# 30818

Monday, 02/04/2019 9:10:57 PM

Monday, February 04, 2019 9:10:57 PM

Post# of 54137
as per this sources estimate below we just have to wait til nov 2021 for oil to exceed 100 again

of course everybody has their own estimate but almost everybody predicts higher prices than currently

sources for the energy advantage newsletter predicts 70-85 by july

in most of the stocks i've looked at such stocks bottomed around dec 26
there are always geopolitical hotspots which disrupt price upwards

in the past russias wells were run not according to logic but
political considerations which has and will continue to hurt russian recovery in such wells going forward

1 of the reasons speculated for the no go of the saudi aramco ipo last year is that in doing so they would be forced to open their records for such for the 1st time since the 70's, and the saudis long term political commentary re how much oil they have will be seen as a pot of lies engineered for global political power

https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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