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

To: long-gone who wrote (64885)	3/2/2001 9:21:18 AM
From: russwinter	Respond to of 116832

This is EXACTLY what I've been talking about. We will see a lot of this. And wait until you see what happens when the Dollar swoons. The whole outsourcing abroad strategy will collapse, almost overnight. It will especially hit resource and high cost mining operations. One more reason why I see that mineral production and output will drop like a rock. Marginal production will simply fail, and many producers aren't strong enough financially to survive. Also note that crude oil inventories are at a twenty five year low. Expect another huge spike going into driving season. I can't understand how anybody could be bearish on energy right now. dismalscience.com