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

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To: tom pope who wrote (106620)	8/5/2008 9:01:58 PM
From: Broken_Clock	Read Replies (2) of 206191

The point I get is that we(the USA) are in a world of hurt. Being in the real estate bus myself i can say that things are somewhat grim. Money for loans is drying up faster than an ice cube in August on the pavement in Yuma. I think we're a couple of events away from some really serious financial calamity. Energy is still king in my book. We can do without a lot of things. Oil is not on that list. Someone posted on another thread that the US is now adding $1,000,000,000,000 of debt every 15 months now. How much longer will OPEC take out worthless dollars? Maybe oil will go down to $60 again. Somehow i doubt it. Energy stocks with reserves look like the safest play out there. Especially CHK that is NA based.

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