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: SliderOnTheBlack who wrote (74209)	9/22/2000 11:37:31 AM
From: stsimon	Read Replies (3) of 95453

I've been in oils since close to the bottom in 1997 because I could understand the supply demand fundamentals. The world really does run on oil and gas. Nuclear is dead and coal is too dirty. Gold might be a trading play, but as an investment I don't understand the fundamentals. Central banks will continue to sell into any gold rally. Greenspan will snuff out inflation if it gets going. Some day central bank selling will end, but until then gold is just an insurance policy against the apocalypse.

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