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It has taken 20 days (4th Aug to 24th Aug) for VOG to drop from 60p to 46p which is a 23% drop. A similar decline over the next 10 days which brings us to about 4th Sep (11%) would result in a SP of 41p. These calculations assume a linear demise. Geopolitical events such as the collapse of the US dollar (don't take my word for it -- Just look at the number of FEMA camps sprouting all over the US), possibly initiated by the sale of crude oil in currencies other than the US dollar, may make a mockery of these statistics. Oh Mr Foo, what shall we do ........?
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