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

To: SliderOnTheBlack who wrote (41974)	4/15/2005 9:55:12 AM
From: Think4Yourself	Respond to of 206325

I finally understand exactly what you are saying. I agree completely with what you are saying. It is not a simple message but it is correct. Thank you for the Epiphany.

To: SliderOnTheBlack who wrote (41974)	4/15/2005 10:24:59 AM
From: Cogito Ergo Sum	Respond to of 206325

This is reality...it's not from Stratfor, Sometimes they are wrong and sometimes they are right. I simply do not understand how the relative changes in the two currencies I researched earlier for the last 15 month period do not reflect the relative increase in oil for the same period (or match the RJ data). The Loonie is not up significantly against the USD since 2003 December. My energy costs are though so I have conflicting data. I'm not disagreeing nor agreeing ... I just don't see it yet... but I will soon either way... and yes on peak oil... well it does not mean the tap just closes tomorrow... that's dangerous thinking for an investor. Like buying a Molybdenum junior with production 2 years away now because we are gonna build a pipeline or a Uranium junior now because we are going nuclear to avert the oil coming crisis... all acknowledge between $6 to $10 in the present price of Crude Oil coming from the "RISK PREMIUM" Could be more even if there is suddenly 'peace' - better late than never. well I'm already positioned conservatively for me in energy for a while. My main energy holding is AY.UN... 16.5% yield. I'm betting against a protracted downturn right now... and against sub 30 oil... 40$ won't surprise me, in fact not seeing 40$ would surprise me. Of course I could change my mind .... at any time.. 'cause yes it's all about leaving the casino in style :0) Thanks for the post. Kastel

To: SliderOnTheBlack who wrote (41974)	4/15/2005 11:29:18 AM
From: a.handbag.	Read Replies (1) \| Respond to of 206325

Slider, I think you have become hostage to the "oil inventory builds". They are rounding errors, statistical noise. Take the last build in the U.S. of 3.6 million barrels. Looks like a big number, with the word "million". But the world uses a million barrels in 17 minutes. 3.6 million is enough for an hour. The important number in the weekly report is, IMO the demand increase number. Sure it looks small, one to two, but it has a % sign and that changes everything.