@Hyperion Silver
@DaLatta
@Ophir
@Seth Davis
I would not be to optimistic about the OPEC deal......these countries break even points are well above the $50 USD barrel. Saudi Arabia is burning high amounts of cash, Venezuela is a basket case, Saudi Arabia/Iran just do not like each other......US Shale will pick up the slack. Do not think any oil producing countries will win here at all....
Its more a diversion away from the more pivotal issues such as the Italian Referendum aka Giro Italia which is the lead up to the Tour de France aka France elections/Frexit, Netherlands Nexit for 2017.
The Italian election is this Sunday.....and part of the Tour de France does go through the Netherlands LOL.
Italy's problems run deeper than its banks
http://www.copyright link/news/worl...ems-run-deeper-than-its-banks-20161130-gt1a2p
There is so many RED flags going up with Australia's economy...Its not funny. S&P/Moodys will drop Australia's credit rating the household debt spiraling out of control....China market dived yesterday....on commodity speculation....there could be a liquidity crisis
http://www.abc.net.au/news/2016-11-...ging-signs-of-stress/8080372?section=business
S&P says commodity rally won't save the AAA
http://www.copyright link/markets/sp-says-commodity-rally-wont-save-the-aaa-20161130-gt15ah
@Hyperion Silver @DaLatta @Ophir @Seth Davis I would not be to...
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