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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.63-1.4%Oct 31 5:00 PM EST

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To: sea_urchin who wrote (64419)2/25/2001 1:29:26 AM
From: marek_wojna  Read Replies (1) of 116741
 
<< Are you clarvoyant or you just smoking anything ?! >>
Maybe I should start smoking just anything. So far only
pack of old good fashion Player's a day. When it comes to my point of view regarding today's NASDAQ is simple:
Information and communication will create wealth only if there is a subject. When I'm imaging life in most of the world I have a hard time to see wealth created by talking.
I have a hard time to imagine profits from populations which have a hard time too feed themselves. Talk is cheap.
What is limiting growth in this world is lack of clean, cheap energy. We will fry ourselves if every man in Asia will start to consume only percentage what an average American or Canadian is using. If anybody does not believe, I'm suggesting - take a night flight over California or Eastern states and instead of the cars and houses lights try to see fireplaces. All of them are powered by HEAT.
As for the role of gold in the coming process I'll let you use your imagination.
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