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Gold/Mining/Energy : Big Dog's Boom Boom Room (Moderated)

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To: Think4Yourself who wrote (19)4/18/2005 8:47:18 AM
From: jim_p  Read Replies (1) of 89
 
John,

I think a bigger concern in the short term is the increasing protests/boycotts of products and services from Japan. I tend to agree with the bulls that China will somehow hold it together till after the 08 Olympics, but if we continue to get a barrage of articles on how bad the banking systems is and more and more people start to expect a crash years down the road, can oil go to new highs??? I tend to think not.

It's true that the oil demand worldwide increased during the Asian Flu, but it did decline in Asia during that time period and Asia demand is the big concern today.

Jim
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