Re: "Gold Miners in Trouble" ???

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valuepro

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Re: "Gold Miners in Trouble" ???

in response to

"Gold Miners in Trouble" ???

valuepro

posted on Dec 02, 2014 01:21PM

Speaking of "fireworks" and oil, ...

"The "fiscal break-even price" of oil needed to balance the Russian budget is now $117 a barrel."

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100026424/60-oil-will-finish-russias-putin-regime-says-hermitages-browder/

...and the current price of West Texas crude is 69 dollars. So, I'll asking once more, how dangerous is a hungery bear?

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