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Strategies & Market Trends : Strictly: Drilling II

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To: Arik T.G. who wrote (823)8/29/2001 8:14:55 PM
From: craig crawford  Read Replies (2) of 36161
 
>> Also, a commodity in essence produced and sold in the real world, its downside potential is limited by production costs which define a very real bottom uncomparable with other trading vehicles like currencies and stocks. <<

yes the downside potential is limited, but not necessarily to the cost of production. there are numerous cases of commodities trading below their cost of production.

>> When big money starts sloshing around looking for a safe haven Gold will shoot sky high to accomodate the funds involved <<

hasn't it already found a home in real estate, bonds, and money markets?
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