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gold and oil predictions for 2015

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    EcoSafe started this thread.
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    gold and oil predictions for 2015

    Just finished my research for today. heres what the "experts" say.

    We are all over the place.

    Seriously:

    The price per barrel is expected to be at $55 by the end of feb, $75 by mid 2015 and some say 90 t0 100 by 2016.

    The three main factors are increased production in the U.S. over the past few years. decreased demand world wide. Saudi's huge war chest and willingness to hold out cheep prices in favor of larger production numbers. their cost of production is $4 per barrel.

    How will this affect us?

    In our daily operation costs it will b a great help.

    In shipping cost, my take is not much unless we demand it. mega corporations are fairley quick to excise costs but very reluctant to lower them.

    Gold one predicts a price as low as $950, over the next year, but most predict around $1112 by mid year with some still holding at $1225 or so.

    Housing starts U.S.:
    800,000 single family homes in 2015 is the general conses. Hud, Fannie and Freddy have all relaxed their rules on lending.

    (+ we got 5,000,000 new aliens we need to find work for) wounder if the Mexican government would let me trade places with one of them. My $772 WOULD DO PRETTY GOOD IN THE MOUNTAINS OF CENTRAL MEXICO. sry couldn't help it.



    Food & retail is expected to raze a standard 4 1/2 % along with housing.

    Of course don't look for a retirement raze as those non important things are not counted in the inflation index

    Any way that's what they say today.

    One thing is certain, we need to demand lower shipping rates from the biggies. just my .02 mcw
    Last edited by EcoSafe; 02-17-2015 at 12:15 PM.
    "anyone who thinks scrappin is easy money ain't doin it right!"

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