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Message: Re: "Gold Miners in Trouble" ???

Dec 02, 2014 11:37AM

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?

VP


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