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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Elroy Jetson who wrote (164)8/31/2005 2:07:13 PM
From: pezz  Read Replies (1) of 217591
 
<<More importantly, it obviously doesn't include the cost of the Coal.>>

He said coal cost would be the equivalent to $35 per barrel of oil....So if you add a buck to that it's still the cheapest solution. As to the buck I don't think he wuz making this up. The plant is going to happen and they aren't doing it on guess work. Anyway the cost of the product ain't as important as the availability of the resource. We are fast running out of oil and our dependence on Mid East oil can do nothing but grow and is clearly a prescription for disaster.... An economic nightmare in the making..... Anyway you look at it the world wide supplies are running out. China ain't buying all the reserves they can cauz they are stupid.....Coal we got.
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