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

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To: Umunhum who wrote (126036)	11/28/2009 1:02:42 PM
From: Bearcatbob	6 Recommendations Read Replies (1) of 206085

Umunhum, I totally agree with you posting. It was well written and unemotional. There is though perhaps another way to profit from possible regulation. That is natural gas. There is absolutely no way any meaningful reduction in CO2 emissions can be achieved without a complete economic train wreck without increased utilization of natural gas. The resource is there, the distribution system is there, and in many cases the infrastructure to convert it into electricity is there. I am past 60 and have largely given up on how to save the world as it seems on an auto pilot to self destruction despite my best efforts. The key is to profit from policies - good or bad - and preserve the family nest egg - be it ever so meager for our children and grand children. Natural gas may be cheap now - but it absolutely has to rise. Even if it does not rise hugely the added demand will require lots of drilling and business for the service companies. As for the oil sands - here is a link to an op ed in today's G&M. I think it says it all. theglobeandmail.com

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