from Financial Survival Network
weary petroleum engineer Dr. Frack returns with some interesting news.
Seems like the oil industry has become too fixated on quarterly results
and is ignoring some troubling safety issues. Not earthquakes in
Oklahoma or gas coming out of your kitchen faucet. No we’re talking
about H2S gas that has the potential to kill people. Dr. Frack is fed up
with them cutting corners. We’re not talking about the inherent dangers
of fracking, we’re talking about risky behaviors that companies engage
in to save money. There’s a big difference.
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news.goldseek.com / By Rambus / 10 July 2014
I think today’s price action marks a very important confirmation point in the precious metals stock indexes, at least for the intermediate to longer term outlook. Finally, after a year of chopping around in small up and down moves, we are starting to get some confirmation that this one year trading range is indeed a reversal pattern and not a consolidation pattern. When a big patterns like this ends is when you get the big impulse moves which is where you make the real money.