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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (10289)4/6/2005 2:30:09 AM
From: Cogito Ergo Sum  Respond to of 18308
 
Koan it's very easy.
oil is up period. regardless of major currency. that's it. I think the charts indicate that pretty clearly.

gold is up in greenbacks and some other depressed currencies ... regular folks just are not buying the gold is money line...
I think the gold charts indicate that pretty clearly too.
what is not to get ?
Maybe you're tired ? I really don't see the confusion..

Oil shale oilsands ? CBM I mentioned here but not coal... which is well known to handle over 50% base load power generation still stateside... transportation constraints now (notice the Fording deal with CP) but the US has a blessed amount of coal ... not to worry.. Yeah yeah I mentioned that here already...
Message 21200810
we have lots still... peak in conventional headed our way... ... don't turn down the lights just yet...

as to the relationship of oil / gold ? Could be but I wouldn't be betting the farm on it... just like mutual funds state... past performance is no guarantee of future performance... maybe we see 2.5 ratio... we saw NAZ 5K and how brilliant was that ?

spots.kicks-ass.org

g'nite
K



To: koan who wrote (10289)4/6/2005 2:39:40 AM
From: Cogito Ergo Sum  Respond to of 18308
 
BTW yes I like the China story still. I was there just before 911 and quite amazed and impressed ... I understand I'd be more amazed now... I'm still doubtful about India... They've had democracy since 47 and haven't really done chit so far... lots of religious, social and political inertia to overcome there...

Top of what oil production ? We've done precious little oilsands yet.. have not figured out oil shale economically yet.. CBM abounds still... expect to pay more... but not run out ...yet :O)

G'nite again...
hope you enjoyed Dino...
K