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


To: Taikun who wrote (32677)11/23/2004 11:02:10 PM
From: Rocket Red  Read Replies (1) | Respond to of 39344
 
Yes I agree OIL will come down but not as fast as everyone wants it too.35US per barrel is plenty.There is lots of OIl in the world the problem is the US can't get there hands on it fast enough so supply and demand kick in thus the driving force behind it.

AS long as China has huge demands on Metals things will do great and that should last well into the new year as well.
Markets always do well Jan,Feb,March and the juniors are just starting to roll now



To: Taikun who wrote (32677)11/23/2004 11:32:39 PM
From: loantech  Read Replies (1) | Respond to of 39344
 
<US-invoked global recession will decrease demand for commodities, decrease trade, decrease energy demand across the board. >*

<I am moving to more cash and physical gold/silver,>

Away from gold or silver equities? And why would all the decreases in the 1st statement* be beneficial to gold?



To: Taikun who wrote (32677)11/24/2004 9:42:31 AM
From: Eva  Read Replies (1) | Respond to of 39344
 
Taikun

I don't know where you live, but here in Florida is no end in sigh of the american consumerism.
The next door house is unlived during the week, but the airconditioning is blasting day and night! Stores are full of shoppers, Restaurants full, with waiting lines, new cars everywhere, including many Hummel's.
E