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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Lhn5 who wrote (16658)10/20/2004 6:49:35 PM
From: rubbersoul  Respond to of 312324
 
Yes and if you believe that gold is heading higher against all fiat currencies then
gold junior exploration companies no matter which country they are from
(except those with high political risk) will benefit as long as they find the goods.

John



To: Lhn5 who wrote (16658)10/20/2004 8:24:43 PM
From: Cogito Ergo Sum  Respond to of 312324
 
I guess where I am going with that since the underlying commodity is priced in USD and the expenses are in USD the exchange would be moot and in fact possibly a better buy than domestic O&G stocks for us Canucks where expenses are denominated in Loonies.. although I don't think it's that bad even in that light. Of course being about 40% energy pretty well equally split I'm rather biased ....

OTOH other stocks such as retail for example won't have the same pricing power and I would avoid..

Finally if O&G lose pricing power... the doomsters win :o)

Kastel...