and if there is any legal action , guess who gets paid ....... Lawyers and Governments ...... Look at the banking scam , the banks ripped off the people , and they get fined 5.7 Billion dollars which goes to Governments and Lawyers ..... The People who lost money get NOTHING ....... is that justice ???
it's called crooked greek scammers ...... they will take your money , don't give them another nickel ..... get some oil and gas stocks , they're still cheap ...... you MIGHT accidentally time it right here for a gain , but the risk here is astronomical , the entire plan is to wipe out longs for a long time to come and keep using YOUR money to pay their debts off , and then they'll announce "we are pleased to announce we have lowered debt and will now issue an spo , our future is bright" ..... do not try to average down here , you will have to time it perfectly to stand a chance of gaining ...... 99% chance you'll lose , 1% chance you'll gain ..... I'm out , sold at a loss , lost on both NEWL and FREE with this exact same scam both times ...... I am only here now to post a little warning now and then , I am NOT A SHORT , I am a previous long on both NEWL and FREE ..... cost me about $7,000 ...... Oil and gas stocks are risky too , but nothing like this greek garbage
they already have banned disposal wells in Burleson County Texas ..... SMU linked them to the many Earthquakes we've been having there ..... However , Denton , Tx tried to limit fracking near cities and residences and the State of Texas is trying to over-rule it , so it's back and forth right now ..... Money vs Earthquakes .... Money usually wins those cases .... and now in other news , one Bandito "accidentally" was let out of jail on a mistakenly "too cheap bond" ..... they can't find him now , apparently he's not answering the phone ..... duh
next up FED .... looking for Yellen to indicate "no hurry to raise rates" , hopefully indicating September to start the hike ...... If so , then the dollar will lose a little ground and push oil prices a bit higher ...... Transportation sector is way down this morning , as if someone is betting oil will go back up ....... sure would be great to stay above 60 for a while , put a firm bottom at 60-65 the rest of the summer
meanwhile NG is quietly creeping up under the radar
FREE has no air in it's beachball so it just slowly drifts to the bottom of the ocean
if you are talking about the article that predicted "$55 Oil by 2020" , then I agree .... what a crock ..... by 2020 the world will have guzzled 100 Billion barrels of Oil (93 million barrels a day x 4 years) ...... They must think we're stupid to believe such poppycock
the seductive sirens calling Ulysses and his merry band towards the rocks ...... and walter has a #$%$ yelling "hurry hurry row harder row harder , we're almost there !!!!!!!!!"
they even predicted Oil to be $55 in 2020 ...... does anyone think Oil is going to be $55 after 4 years of 93 million barrels a day consumption ???? That equals 100 BILLION barrels of Oil consumed , gone forever .....
we don't even have a big enough textile industry to supply our military with uniforms !!!!!!!!!!!!!! geesh , we don't even make canteens anymore !!!!!!! Boots , NOTHIN ...... It's all imported
first of all , google map those "disputed Islands" and see they are very very near the Philippines and very very far from China .... If ANYONE has a "claim" to that area it should be the Philippines .....
Secondly - Do ya think it's maybe high time America started massively rebuilding it's DOMESTIC capacities to supply resources and pretty much everything else ???? Do we think we can continue this dependence on freeking ASIA with huge conflicts brewing ????? Geesh , we better get on the ball , and Obummer better wake up to this disastrous scenario he has us in ..... War is brewing , and we'd better get our steel making capabilities , our energy supplies , and our "all around manufacturing everything in sight" UP AND RUNNING .... We won WW II because we "outmanufactured" all our enemies ...... better wake up Mr President and Congress , the clock's a tickin' !!!!!!!!!!!!!
Greeks are the worst ..... Right now Greece is telling the IMF - "we won't pay our debt payment unless you give us the money to pay you with" !!!!!!!!!!!!! hahahhahahaha ..... and they say that with a straight face as if this is just everyday normal business ......