TSXV:AAA.P - Post by User
Comment by
oceanelevenon Nov 28, 2014 4:31pm
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Post# 23175655
RE:RE:RE:Wow oil below $66
RE:RE:RE:Wow oil below $66OIL creates jobs.........from the hairdresser, to trains, to restaurants, buying shoes whatever..........with oil, gas, silver, copper etc plummeting, mines will be shut down, no expansions, long term growth plans put on hold etc...........I luv cheap oil & gas....It puts money in everyone's pockets, including businesses.....but we are not far off from the 35 buck oil that played major part in past recession.....add in the years/inflation and 50 buck oil is recession level...maybe even a little higher..........when recession hits, no one spends...they buckle down.....japan already there and russia heading there real quick and lots more concerning stuffies that is happening.....to many hands in the cookie pot brings out the cookie monster.............I got to go shovel more!!!!!!!