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

To: sammaster who wrote (34155)	8/5/2004 12:24:31 AM
From: Webster Groves	Read Replies (1) \| Respond to of 206321

<"luckily" america is shifting to a more energy efficient economic output...ie service vs industrial economy> Americans can't buy foreign products by selling services to each other. Either we sell something to foreign markets (e.g., as China now does) or we demand tribute from them (e.g., as colonial Britain once did). wg

To: sammaster who wrote (34155)	8/5/2004 1:18:05 AM
From: Taikun	Read Replies (1) \| Respond to of 206321

OT/ I was reading the other day about that lighter manufacturer in China. Costs of $1 ea, sells for $25ea. As he probably doesn't have to worry about healthcare costs, social security etc for his workers, with a margin so huge, (I'm sure $25 is not the wholesale price he gets) he is certainly well-positioned to weather higher energy prices. Just like America's 'punitive' furniture tariffs of a few hundred percent, he probably wouldn't feel a similar energy tariff of a few hundred percent but since his final market is places like the UShe will likely feel it in his final sales numbers. Even then, he could lower prices a fair bit...