Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (54299)	10/15/2004 10:49:14 PM
From: AC Flyer	Read Replies (1) of 74559

>>Two of the main themes on this thread right now are precious metals and energy<< Shiny pebbles. >>how the heck can you ignore what's going on with the energy sector<< The zeitgeist is that the world is running out of oil right now. It's not. We're talking about a 50 to 100 year process. Oil's a commodity and $50.00 oil will quickly encourage new and increased production. So $50.00 oil is not sustainable. I'm not saying that you should not try and make money from the panic du jour, just that I am not trying to.

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