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Oil and Gold, page-18

  1. 8,399 Posts.
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    Timber,

    have you done any research on the US oil boom and how sub $70 will impact it - exploration, production, jobs, high yield debt?

    You're also technically wrong on deflation - weaker oil prices will place downward pressure on CPI, but only temporarily. Long term, this is great for growth in economies around the world (especially so for NZ sheep farmers).
 
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