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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: t4texas who wrote (175672)1/10/2013 5:17:51 PM
From: Bearcatbob8 Recommendations  Read Replies (2) of 206182
 
Gentlemen,

While some here are focused on doom and gloom for the POO - it is rising. Why - the land of China is resuming a growth trajectory. All the North American oil in the world is meaningless if politicians will not allow it to get to market - the loons of green rule?

Ah - and then there is India and other emerging populations. Just because the US and Europe are mired in economic mud - a far greater part of the world population is moving on with out us. I think the POO recognizes this and is more and more not giving a damn about political idiocy in the so called "developed" world where economic literacy is fading into obscurity. We used to be the dog that wagged the tail of the economic world - IMO we are becoming the tail.

Similarly the markets are saying gloom and doom is yesterday. New highs are coming - the opportunity for renewal is begging to be recognized.

The domestic energy opportunity is huge. Will we grasp it? Only idiocy will prevent it. Jobs for the masses - only if the Sierra Club types can prevent it. What path will we as a nation choose? The markets are saying good things will happen. Will they? If not - who will be the "not gate" that prevents it?

In my opinion the opportunity of some to say NO has passed. I am long the market.

Bob
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