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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%4:00 PM EST

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To: elmatador who wrote (35745)6/14/2008 7:03:32 PM
From: TobagoJack  Read Replies (1) of 217537
 
am very enthusiastic regarding coal
it is so necessary and yet so cheap

china is supposedly at #3 in coal reserve, at 1/2 usa level
i say supposedly because no one knows the exact count but china has two rich veins of coal in as yet totally untapped regions (xinjiang and guizhou) where high quality thermal stuff missed the global industrial revolution

whenever china swings from net export to net import, watch out above for prices and below for supply

i only deal in thermal coal, but understand china produces around 40+% of coke for global steel industry and ... i see trouble ahead

suggestion: buycoal, hoardcoal, donotsellcoal, because it is better than money and as often be the case, truer than love

recommendation: squeeze that market until it pops :0)
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