Replies to post #820 on Microsectors US Big Oil Index 3x Leveraged ETN (NRGU)

[dealerschool2006]

Shoes incoming!

means shoes are gonna drop from the sky...WOW!!! that's really good ANALysis and highly profound...and why do you put a gold chart on an oil ETF board like $NRGU ???

[Steady_T]

Where do you get that the Saudi cost of production is $85/bbl? My understanding is that it is way less than that.