Strictly: Drilling and oil-field services Message Board

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

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To: BigBull who wrote (66322)	5/17/2000 10:28:00 AM
From: jim_p	Read Replies (3) of 95453

I agree with the views on higher inflation and higher interest rates. Most of us have been saying that for some time now. The DOW and the NAZ are both down and the OSX is up??? There is a lot of money on the side lines and it has to go some place. Oil and gas is deemed to be a safe place to invest in times of higher inflation and interest rates. I still feel we will see new lows on the NAZ, and there will be time to invest in the tech's sometime in the future but not now. I would rather hedge my inflation fears with oil than gold. Jim

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