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

To: Tomas who wrote (75775)	10/7/2000 1:56:56 PM
From: WWS	Respond to of 95453

Tomas, and here's a corollary to the article you found from the Financial Post. The continuing strength of the US dollar keeps gold weak: interactive.wsj.com

To: Tomas who wrote (75775)	10/7/2000 2:33:33 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

I have a lot of respect for Coxe, but he has it wrong in this article. True higher oil prices are a plus for the buck in the very short-term. But looking beyond the short-term, high oil prices will greatly accelerate the death of the dollar bull. The combination of a strong dollar and higher oil prices is triggering heavy inflationary pressures in many overseas countries. As a consequence opposition to dollar hegemony is growing by leaps and bounds. What was once seen as a desirable stimulus to overseas economic growth is now becoming an albatross around the neck of the global economy.

To: Tomas who wrote (75775)	10/7/2000 6:28:28 PM
From: Tomas	Respond to of 95453

The Oil Is There; Let's Get It - WSJ, October 6, Letters to the Editor ... It is amazing that we send American young men to fight and die for foreign oil but we won't put a single caribou or polar bear at risk. The question of whether oil exploration should be permitted in the ANWR is always presented as a choice between wilderness preservation and oil exploration, but it isn't, as oil development at Prudhoe Bay proves. Before development there, a herd of caribou in the area numbered about 6,000. Today the herd has grown to almost 20,000, and there are more caribou in Alaska than humans. But none of them can vote. Daniel John Sobieski, Chicago