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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: KevinThompson who wrote (1235)2/2/2000 12:11:00 AM
From: Bucky Katt  Read Replies (1) of 48461
 
Since you remember 3 months ago, you must also remember what my thoughts were when oil was around 11, and that was a meltdown of the oil producers, (countries) if oil went below 10, which would have led to other, more serious geopolitical problems. That is why the big money likes stability.
And with the rise of Asia from the abyss, we now have more demand on raw materials, oil being just one element.
I think an oil price spike into the 35 area may not be out of the question. The govt may make a limp effort to help by releasing some of the strategic reserve, but that is more fiction than fact.

The simple fact is raw materials will cost more now because of supply and demand. This will equal some sort of inflation. And a micro-chip can't help this situation.
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