SilverSeek LIVE! David Morgan (Silver Investor) & Scott Drever (SilverCrest Mines) -- Wed. Nov, 20th @ 2PM EST
1 year 1 week ago
SilverSeek.com will be hosting a special 60-minute live online event with David Morgan, of the “The Morgan Report” newsletter and Scott Drever, CEO & Chairman SilverCrest Mines (OTCQX: SVLC | TSX-V: SVL), this coming Wednesday, November 20th starting at 2pm Eastern / 11 am PST. SilverSeek.com readers will be able to attend this free online presentation + Q&A with SilverSek.com contributing author, David Morgan and the CEO of SilverCrest Mines, Scott Drever.
At the pre-meeting meeting of O.P.E.C. no agreement on cuts in oil production were made. Today, we see oil prices falling further below $78 for Brent and $73 for West Texas. This lays the foundation for the meeting tomorrow. To us it is seen as a direct attack on U.S. oil production rises through ‘fracking’. Russia has said it can tolerate low prices for some time and other producers realize the future consequences of the structural change in the oil market and are fighting it. We, therefore, see oil prices holding these low levels until the battle is won. While such low prices are acting as a mild stimulus for the consumer it is exposing the dollar market to an excess of dollars. Where will these go?