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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (37133)12/5/2004 11:30:12 AM
From: russwinter  Read Replies (1) of 206182
 
<I wont make stock ownership decisions on possibility of extreme events.>

I'm not so sure owning the energy stocks is the best bet anyway. Don't see much downside, but not exactly bargains.

As far as oil, at this point all that's needed is a typical disruption somewhere, or even something more basic, like Venz, Nigeria, et al ending their field damaging overproduction orgies for a spell. Or maxed out refineries in America may decide to back away from spending $10 a barrel shipping from PG to GOM see page 5:
beacon1.rjf.com
Then we will be right back quickly into the same shortage boat. Think we better get use to this pattern.
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