OPEC waiting?Or maybe they know that prices will correct and rise and if they cut, it might make the pendulum swing hard the other way again, really hurting the chances of the economy to recover and would really see $40 oil
I think USD will decline, OIL and Gold will rise if not for anything else just because the USD is worth less
Thus creating inflation
No matter how you look at it we are in for some rough weather, economy wise
Oilexco is a great company we just need to be patient
I agree with not selling, I hope they don't have to sell so we can see this thing at least back in $15 range once financing is put back into place
It is safe money but if you don't have money to lend, you don't have money to lend
Good Luck
Long