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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Crimson Ghost who wrote (55847)12/2/1999 11:32:00 AM
From: ItsAllCyclical   of 95453
 
George Cole, great audio link yesterday. Thanks again. I especially liked his y2k comments on oil and the labeling done by the media referring to all OPEC agreements as "THE" OPEC agreement rather than the production cuts of 1999. Mexico, Norway, Russia joining OPEC was just one of the things that made this agreement different than past agreements. He correctly points out by giving it the same name it's tarnished with the same brush as past failed agreements. For that reason most people are still waiting for it to collapse not realizing how much events have truely changed.
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