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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (11302)5/21/2003 4:30:03 PM
From: Canuck Dave  Read Replies (2) of 39344
 
Wel, russ, sounds like you're trying to talk yourself into getting more energy stocks.

Certainly, they look hot and PM's do not. I think you're probably not right about the hedge funds buying the treasuries and shorting the dollar. The Forex markets are just too big. I think the more likely source is the Asians desperately trying to maintain the status quo.

financeasia.com

The likely best bet right now is probably gas. According to that analyst, we need sustained weekly injection rates of 130 Bcf to provide sufficient cushion for next winter. 90 won't do it. Prices will be firm, the dividends will continue, and the rig count must rise.

Just my opinion.

CD
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