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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: t2 who wrote (71865)9/25/2006 11:15:31 AM
From: manalagi  Read Replies (2) of 206304
 
The drop in oil stocks is unprecedented. The p/e ratios of these quality stocks are really at historical low, usually attached to stagnant companies. However, if you have recently been to China and/or India, you can see the rapid growth in the economy, traffic jams everywhere: more cars than bicycles, and skyscraper cranes in major cities. All of these point to the need for more energy in the coming years.

Is there anybody on this thread who has "given up" on ONG and liquidated all position?

Does the concept of LTBH outdated?
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