Tuesday, November 27, 2012

Leeb - Gold, Silver & Natural Gas Are Going To Soar

Like Leeb, I'm bullish on fracking natural gas also.  But extraction output and life cycles of fracking drills will be proven to be far too much optimistic due to high depletion rates--at current natural gas prices.  Which means capital expenditures will soar to continue current production rates.  Higher natural gas prices will be needed to make fracking economic.

As for prices of gold and silver, readers should already know where we stand on that.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/27_Leeb_-_Gold%2C_Silver_%26_Natural_Gas_Are_Going_To_Soar.html

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