When the facts change, I change my mind. What do you do?
Friday, December 19, 2014
Opec States Scramble to Avoid Debt Default
To cut production to maintain oil prices required to balance budgets OR wait till the lower oil prices takes out marginally expensive shale production (in some fields), OPEC is on a slippery slope here.
Gold prices rallied after the Fed decided on Wednesday to hold interest rates and projected a less aggressive rise in interest rates next year and in 2018. CapitalStars
Gold prices rallied after the Fed decided on Wednesday to hold interest rates and projected a less aggressive rise in interest rates next year and in 2018.
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