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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gary Burton who wrote (56746)12/11/1999 8:08:00 PM
From: BigBull  Read Replies (2) of 95453
 
Gary, I've just re read the Wolanchuk interview posted here by George. The extraordinary thing about his comments is that he sees a massive bull market in commodities accompanied by a bull market in stocks. That can only mean one thing, utterly explosive worldwide economic growth. The intense money pump going on world wide would suggest just such an eventuality and also seems confirmed by what is going on in the worlds bourses.

So far he's been right on just about everything.

1. Major rally in the Naz.
2. Big rally recently in gold.
3. Oil hit 27.

His commodity calls for the future:

1. $1.60 Copper
2. $5.20 Lumber
3. $800 Gold (yup no typo)
4. $33 Oil then over $40.
5. Bonds are a short.

Damn it cost me money every time I bet against the Son of a B. <g> I know it's easy to bash the guy because he is so "wild", but it seems he really has got the right counts and understands the overall scenario quite well. Now if oil goes to 40 in the next two years, I simply can't imagine what that would do to the OSX.

How are you viewing commodities? I have a feeling you are somewhat of a deflationist.

I emailed you but got nothing back. Oh well.

Bull
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