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 (72851)	9/11/2000 2:31:16 PM
From: diana g	Read Replies (4) of 95453

3rd Qrtr Estimated Tax Due this Friday (I thought I'd try to ease down the enthusiasm a bit<G>) BigBull, Not that I think my opinion should carry any weight, but since you asked --- I think oil demand is the most important single variable to watch, but I'm not worried about it. I don't see recession ahead. I don't think high oil prices are that big a deal in the grand scheme of things. ---I'll wait to see how things go before I start worrying about inflation. ---Nobody asked me but there's been a lot of interest in gold here lately. The thing about gold for me is >Nobody's Burning It.< The gold bugs have had their reasons for quite a while. The simple fact is that Nobody NEEDS gold. It's shiney and it doesn't rust. Has a few uses. But there's plenty of it. No shortage and almost no real need. --- I'd buy buggywhip manufacturers before gold. With oil prices headed to the moon, buggywhips might really come back! Better chance than gold. jmho. regards, diana (btw, it's grrl, with 2 r's. The bullettes will be able to explain the difference to you! <G> ) ---Your contributions here always of great value and much appreciated!!!!

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