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

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To: SliderOnTheBlack who wrote (71745)8/27/2000 10:36:49 AM
From: Think4Yourself  Read Replies (1) of 95453
 
Had to read your posts after the glowing recommendations. Very well written!

Has anyone noticed the analysts pushing the financials on CNBC? Laughable! Wouldn't touch any of them with a ten foot pole! It is obvious that they are trying to get their top clients out. As was discussed earlier this summer consumer credit card debt is at an all time high.

Here's another one. I defy anyone to find someone between 20 and 30 with a decent job who is not driving a late model vehicle! Most cars in high school parking lots are (much) newer than mine. Only difference is that mine are paid for.

Houses are the same. Lots of young families around here in brand new $400K+ houses and new SUV's in the driveway. Lose your job for a few months and kiss that house goodbye. Expect lots of tearjerkers on the tv shows in the coming years:

father: They took our house that we worked so hard for.

interviewer: How much money did you have into it?

mother (sobbing): We didn't put anything down but that isn't the point. It was OURS.

interviewer: Well how many payments did you miss?

father: Well we made the first two, but then winter came. It takes a lot to gas to heat 4,000 square feet and the gas company is obviously price gouging. We just couldn't make the next three house payments. Then I lost my job cashiering at Walmarts.

child: Mommy, we won't have to go back to our old 3 bedroom house, will we? I need the indoor swimming pool.

interviewer: There you have it. These poor down on their luck people kicked out of their homes by a price gouging gas company and ruthless and uncaring bank. Join us next time when we examine the ruthless dictatorships who caused all of this great countries problems on: "OPEC: The sinister conspirators"
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