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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (43191)	12/13/2003 9:50:11 PM
From: TobagoJack	Respond to of 74559

EP, <<… could mean that Japan is building a coal reserve just like China is building a petroleum reserve. Wonder what the specific reasoning is ?>> … I suggest we do not waste too much time trying to figure out the motivations, and just trust the old standby reasoning: (a) fear index is high (b) terror panic is near (c) price rises will be for sure <<It would be good for all Asia countries to have energy reserves, that way a short term interruption in oil supply would not crash the world economy>> … I am less concerned about the crash of the world economy than I am fearful for my personal nest egg, and so I am starting to whittle down my cash hoard of every flavor and upping the ante on things and derivatives of things. <<You might consider getting lots of the smaller size gold coins … At $2000 per oz, you might be able to have a dozen friends at the restaurant>> … I am counting on the availability of paper credit against my then augmented ‘central bank reserve’ of revalued gold, and if so, not only I will have more friends at the eateries, but also in the banks :0) Chugs, Jay