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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (2344)6/25/2001 12:56:26 AM
From: energyplay  Respond to of 206191
 
On the climate horizon - El Nino to return ?

El Nino returns ? There is some indication that the Pacific oscillation is moving in a way that might bring the El Nino pattern back this winter or mid next year.

That means much more rain (and cheap Hydro power) and warmer winters (there goes the NG price, especilly with storage full.)

Meanwhile, drilling continues....

On the bright side, really low energy prices, negative real interest rates from the FED, and some tax cuts are likely to either restart the ecomonmy or set off some inflation to spike the price of gold ;-)