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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (47608)	1/27/2000 6:38:00 PM
From: paul ross	Read Replies (1) \| Respond to of 116758

Don't know if you've seen the article on oil in the Jan/Feb issue of Foreign Affairs. The Shocks of a World of Cheap Oil, by Jaffe and Manning: "As oil flirts with prices that call to mind the shocks of the 1970's, the usual Cassandras have been warning of dwindling oil supplies and sky- high prices... The next two decades will witness a prolonged surplus of oil, which will tamp prices down.This world of cheap oil will have serious political reverberations...such key states as Saudi Arabia,Russia, Mexico, and Colombia will face worsening crises at home.The same is true in spades for Central Asia.." Have seen articles in other such circles warning of the glut of not only oil, but the PM's and other key raw materials. A prudent warning by the intelligensia or...?