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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (8037)2/24/2003 1:27:02 PM
From: Canuck Dave  Respond to of 39344
 
I'm trying to remember how the scenario played out from 1973 on.

I think gold and oil more or less moved together for a while, then oil topped out, but precious metals ran.

Right now, gold and silver stocks look like they're under distribution, not accumulation. Very little buying.

CD



To: russwinter who wrote (8037)2/24/2003 3:48:51 PM
From: Silver Super Bull  Respond to of 39344
 
RW,

Yes, I would certainly agree that continuing oil price advances are going to at minimum crimp this economy. And perhaps worse depending upon the severity and duration of an oil price increase. A sustained rise in oil prices is the last thing this economy needs.

I would also concur that very few people seem to be aware of and/or alarmed about a potential oil shortage.

Any idea as to what is going on in natural gas prices today?

DB



To: russwinter who wrote (8037)2/24/2003 5:29:32 PM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
<How that affects gold I don't know, but you may be watching the wrong ball? >

I certainly believe in a possible oil crisis (am loaded with Canadian Royalty trusts). But I have two hands so I can juggle with two balls (don't laugh here), gold and O&G.