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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (65450)	6/24/2005 5:06:25 AM
From: TobagoJack	Respond to of 74559

i love all the possibilities, maybe one will work out :0) checked my energy portfolio, and it is still 2/3 invested ;0)

To: energyplay who wrote (65450)	7/6/2005 5:52:51 PM
From: gg cox	Read Replies (1) \| Respond to of 74559

Oil over $60.00 a barrel. Gas where I live in Canada $.995 per litre. One us gallon equals 3.785 litres. One US gallon of gas in Canadian dollars is 3.785litre's times $.995 equals$3.77 Canadian One US gallon in US funds bought two days ago @ $2.14. $2.14 US converted to Canadian is $2.64 Canadian. Canadians are paying Canadian $3.77 per US gallon Americans are paying Canadian $2.64 per US gallon Americans are enjoying a Canadian $1.13 advantage for every US gallon purchased. At this rate, $100.00 per barrel oil should not have too much of an effect on American economy probably putting it on par with the present Canadian economy as we don't seem to be suffering too much with a US gallon costing Canadian $3.77 gg

To: energyplay who wrote (65450)	7/6/2005 7:53:35 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

oil at $100 Today's oil price reflects the end of the North Sea oil. A Spike is a spike. Straight up and straigh down. 80% oil of business is in the hands of state-owned enterprises. (Hey I know Petrobras enough to gauge what that means) We don't see billions on investment on oil business because governments ae just milking oil for all it is worth Arabian countries are booming now and they are getting the money to prod along and avoid the unavoidable. This doesn't augur well for the future of oil. Higher oil prices are a tax on everybody in the planet. The effect in any individual country's economy are just that: Higher taxes. Tax collected and fed into the coffers of the OPEC + Norway. If one knows what high taxes do. He knows what high oil prices do too.

To: energyplay who wrote (65450)	7/6/2005 8:25:26 PM
From: shades	Read Replies (1) \| Respond to of 74559

"Remeber the 'silver corner' of the Hunt brothers ? Silver went to $50...then the commodity exchanges, with US government 'help' (this is a guess on my part) changed the rules, effectively ending the silver corner." coinbooks.org ATOMIC NUMISMATICS [The following article by is Warner Talso reprinted with permission from the MPC Gram (Series 004 - Number 928, Monday June 2, 2003), edited by Fred Schwan. Use the following link if you'd like to subscribe to this interesting email newsletter papermoneyworld.net -Editor] Here is an interesting connection between numismatics and the atomic bomb. The Manhattan Project (code name for the atomic weapon development project) was famous for its insatiable appetite for materials and the lengths to which the project went to get the job done. There was a need for a conductor for the coils of magnets. In the summer of 1942 the preliminary plans for the electromagnetic plant had called for five thousand tons of copper. However, copper was in short supply due to other war related needs and strikes in the industry. Silver was suggested as a substitute, because it has the highest electric conductivity of any other natural substance. "On August 3, 1942, Colonel Nichols visited Undersecretary of the Treasury Daniel W. Bell with a request for a large amount of silver. When Bell asked how much he needed, Nichols replied 'six thousand tons', to which the secretary replied rather indignantly, 'Young man, you may think of silver in tons, but the Treasury will always think of silver in troy ounces.'" Eventually, 14,700 tons of silver (much in the form of silver dollars), worth 400 million dollars at the time, was loaned to the Project. A total of 940 magnets were fabricated using this silver. The magnets were estimated to be one hundred times larger than any magnets previously constructed. They were so powerful that they pulled on the nails of workers shoes, making walking difficult. They caused tools to fly out the hands of workers. Special nonferrous tools and equipment had to be fabricated. "When it came time to return the silver to the Treasury after the war, every ounce was scavenged. In the final accounting, of the 14,700 tons borrowed, only a minuscule fraction of 1 percent was missing." The majority of this information and the quotes are taken from the book "Racing for the Bomb" by Robert S. Norris, Steerforth Press, South Royalton, Vermont, 2002 [Warner adds: "Please give the credit for the book as follows: An excerpt from Racing for the Bomb, by Robert S. Norris, published by Steerforth Press of South Royalton, Vermont. Copyright © 2002 by Robert S. Norris" This is the publisher's preferred format.] Were silver traders of the day making good money in silver?