Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (298)	2/19/2004 10:10:02 PM
From: excardog	Read Replies (2) \| Respond to of 116555

So which would you rather own gold or oil? Personally I can live without gold but tough to get around without oil. I vote oil then. Big problem facing Bush is rising prices at the pump. Once they cross $2 it becomes front page headlines in the local rag. Hovering just below that right now. Therefore I will propose Bush will be forced to release some spr oil soon, probably before Kerry steals his thunder and suggests it. Those PPI numbers have me baffled I assume they are being tweaked harder then a meth junkie on his third all nighter. FWIW my opinion is rates go lower before heading higher. It seems some here agree with this view which is rare. Even Gross has himself hedged out looking for higher rates and when everyone agrees it's often time to leave the debate. All my opinion PS..If oil is released from the spr we should all band together and take a run at some, the carry trade the last go around with Clinton was a thing of beauty.