Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech	11/21/2007 7:34:42 AM
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I feel like I am "getting it" in a place that is not comfortable. <NG> Click on these charts for a specific year. Been playing in this field for almost 10 years now if not a full 10. In march 1999 oil was 14 bucks. futures.tradingcharts.com Somewhere in 1999 2000 gold hit 250: futures.tradingcharts.com Again click on year. We hear the old saw that gold stocks are hurt because the cost of energy is going up. Okay sure. Fine. But IMO the cost of extracting oil should be going up too. Oil has gone up 6.5 times and gold has gone up 3.25 times. We have some catching up to do. While this is getting older so am I. <NG>

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