Canadian REITS, Trusts & Dividend Stocks Message Board

STOCKTALK

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 : Canadian REITS, Trusts & Dividend Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: a.handbag. who wrote (7108)	6/8/2004 6:13:38 PM
From: bill	Read Replies (4) of 11633

Over on $trsts they're hooting and hollering about Bloomberg saying oil will fall to $20.00 a barrel. Seems unlikely in 2005 (who knows what will happen between now and 2005) but oil could drop sharply as the Saudis try to help get Bush elected. The royal family's heads, literarlly, are on the line. They've known that for some time so have exported revolution but now it is returning home. The question is, over the next few months, between now and november, will it be wise to accumulate cash? There has been relentless selling of some of the trusts--not just oil and gas but APF.UN, RRR.UN, PIF.UN and a number of others. PMT.UN was down to 10.02 briefly today. Kastel said he was 70% cash. I'm assuming not because he loves cash but because there are buying opportunities approaching.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next