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United States Oil Message Board

  • manylumen manylumen Dec 3, 2012 1:59 PM Flag

    Fiscal cliff

    Not that i understand the details or implications, but my take on it is that president O, is not going to
    be running for re-election in 4 years so its the time is right for the Democrats to deliver a shock to the system. Thinking one should sell off stocks or hold on for a tought time. No surprise if the incumbent
    government was hiding or obscuring bad news prior to the election either its to be expected. 2013 not looking that good. Having said all this with world geo-politics oil could always surprise on the upside. Of course long term we know oil is going much higher but could be a couple of years before the economic shocks end. jmho.

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