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To: long-gone who wrote (44603)11/5/1999 8:17:00 AM
From: lorne  Read Replies (1) | Respond to of 116762
 
OT. This from Kitco site.

..." Many, many months ago I wrote an article saying how
Gas and Oil are the SMOKING GUN of Y2K,
and so this sort of thing still comes to me.
To me, this verifies my position further.
But you must remember
the following discussion reflects the views of a doomer.
Selection of a discussion by a polly
could give you quite different views."........

...." ( Ryker` ) Greg, if we have a 60% drop in oil for 30 days,
the stock market won't be around any more"...

..." ( Ryker` ) Can I try to summarize to see if I got all this?
You're saying that there may be a 60% drop in oil supply
that will become evident about the 3rd week of January.
And this drop may last years due to Y2K computer problems
at everything from oil wells to refineries? "....
kitcomm.com



To: long-gone who wrote (44603)11/5/1999 9:09:00 AM
From: Richard Mazzarella  Respond to of 116762
 
Richard, <<XAU is undervalued relative to POG>> It should be! How often has a POG run failed. Even an idiot would doubt the potential for the miners, the XAU. While the stock market teaches buy the dips, the precious metals markets teaches sell the highs. The market is a good teacher. It's different this time? <VBG>