Another Loonie article
Here is another comment on the Loonie. Although Economists are just "guessers" there has been talk of oil being $20.00 or less for generations to come. Kind of extreme! One other item I read was that...
Forum Discussion
fla-gypsy wrote:John&Joey wrote:fla-gypsy wrote:joebedford wrote:
If oil goes down to $20, I'm going to start buying.
You sir are a type E
I see it more as a contrarian investment strategy. Pretty smart in my books.
I am certain that buy low and sell high is a winning strategy used by capitalist for centuries
Only problem is when it's at $120 a barrel everyone was screaming it will go to $160 because of China and India's demand. When it's $20 a barrel everyone is screaming it will be like that for years. The glut, the glut. :E
Guess you're right, a contrarian is a type E. Not everyone can tune out the chatter, and use common sense. :B
