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the cure for high prices is high prices, and the cure for low prices is low prices


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2020 Apr 8, 7:43pm   392 views  1 comment

by AD   ➕follow (1)   💰tip   ignore  

the cure for high prices is high prices, and the cure for low prices is low prices............

The cure for high prices is high prices so that more suppliers will supply and eventually drive down the price to the economic equilibrium point.

I heard on Bloomberg Radio (station WBBR) that as the number of oil drillers decreases due to low price of oil, that natural gas supply will drop Maybe it is a good time to invest in natural gas such as a natural gas ETF.
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***** Look at the historic prices of natural gas in the below chart. **
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1   just_passing_through   2020 Apr 8, 8:53pm  

Less nat gas == more coal! Buy ARLP yuck yuck!

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