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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (350)8/10/2005 10:21:55 PM
From: Fun-da-Mental#1  Read Replies (2) of 50677
 
Slider,

Hi, congrats on your thread. (I'm back after a couple years absence, since I had to cash out to help buy a house.)

Point well taken on oil. But what about supply? The flip side to the China situation is Saudi Arabia. They're supposed to have gigantic reserves but they seem to have trouble getting it up lately. How much is really left? And of course there's the political situation there.

Not that I'm buying into oil now.

Just a random thought - what about coal? But probably the bargains there have been snapped up too. There are just too many damn investors nowadays, looking for something - anything - to buy.

Like Cameco for example. It would be a great buy if only the price wasn't so high ;-)
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