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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (60633)	2/28/2005 4:47:49 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

elmat, Re: Do you remember the Economist cover predicting oil at USD5? No, when did they do this? It sounds absurd now. :) In 1994 I had a subscription to the Economist. I thoroughly enjoyed the breadth of their international coverage which is otherwise hard to come by in the U.S. with our absurdly parochial press. But the Economist at that point in time went way out another limb, and declared the Mexican Peso to be worthy of investing in... just about 2 months prior to Salinas' 40% devaluation of the Peso. Ooops. I've used the Economist as a contrary indicator ever since. :)