SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: excardog who wrote (22963)5/23/2003 8:33:01 PM
From: edward miller  Read Replies (1) of 206325
 
Yes. Yes. Yes. I am very concerned about
the condition of the market because it does
occur to me that the pinheads running the
government agencies have so forgotten that
supply matters that we may have a worse
energy crisis than in the 1970's just due
to their wrong-heading thinking and lack
of planning.

If we have a very hot summer, what can we do?

Just shut down the economy (electricity +
fertilizer+chemicals+etc.) and wait for gas
reserves to rebuild, or do we just let people
freeze next winter. I realize this is an
oversimplification.

The problem is that once the general public
realizes how bad the situation is we have
two very big problems: 1) It is too late
to do anything constructive (already true),
and 2) Once the investing public can see
that there isn't enough energy to fuel an
economic recovery (we aren't there yet) the
market will tank. It may even crash if
enough investors get smart at once.

In a major selloff all stocks will tank.

Are others worried about this?

Ed (PS - Still in)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext