SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (53819)11/1/1999 3:35:00 PM
From: BigBull  Read Replies (2) of 95453
 
I absolutely agree, the money is now going to tech and interest rate sensitive sectors. Surprisingly, a goodly amount of cyclicals are participating as well. Eventually, profits will be taken there and rotated into oil. IMO an OSX and XOI bottom is forming here.

Price spikes caused by temporary disruption may lead to tradeable rallies such as that recently seen in gold. These are very difficult to call. Any way my positions are established for good or ill. They have been established on the basis of the long term oil fundamentals (economically driven demand outstripping supply). I have seen nothing that even remotely challenges my worldwide economic scenario.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News