Southern Pacific Resource Corp STPJF

RE:RE:so i got a question

[farmerman]

Well my crystal ball predicts
$38.64 Brent $32.12 WTI By Stampede
Prices stabalize around $46 come september and stay there into 2016
I think this based on the cost of production from Saudi, Kuwait, UAE, Russia and Lybia.
They have larger budget requirements so what so do I but if you cant sell it higher you product at your $15.00 per barrel cost and pump like mad.
I see a huge market crash across the board in 2016 when the us realizes that it really isnt doing so well and that QE hasnt helped. Gold will go up then as the world will be poo poo'ed
As long as the US and the analysts keep telling eachother things are good it will seem good.
There may be people who will lecture me that things are good, well I give you this analogy.
You open a business and the government gives you money to do so.
You spend the money and have no profit, they give you more, you turn a profit and hire a few people and so on and so forth. Things seem good they stop giving you money do things stay good. Sure for a while but not as long as a company that fights to make it good.
Tough times ahead. I tried riding stocks out before and if I get into a gold play to late thats ok but I see gold dropping before it goes up.
THats my 2 cents on gold and the economy
Good luck shat
Dave