Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (72176)	9/1/2000 5:21:58 PM
From: jim_p	Read Replies (1) \| Respond to of 95453

Simmons & Co. was on CNBC today, and predicted a 50% increase in capital spending from todays levels. Most analyst are forecasting 20%. Nice close on the OSX today, at the very high. If there is anyone out there who is not convinced we are going to have higher inflation, here is something to think about. What are the two highest costs of operating a farm? 1. Fuel for the equipment (oil). 2. Fertilizer, which is 90% NG. Fertilizer plants have shut down because they can't afford to make fertilizer at a profit. If the farmer does not fertilize, we have small yields (higher prices). If the farmer fertilizes, we have higher prices or fewer farmers. I forgot, we don't count energy or food so I guess it wouldn't matter. (ggg) Have a nice holiday weekend, Jim