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.

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

To: Dennis Roth who wrote (48180)	9/2/2005 5:48:03 PM
From: ChanceIs	Read Replies (2) \| Respond to of 206325

Dennis, Thank you for posting those. Nobody likes a smart-alec, but I have to say that I posted that this would happen, and at the state level. Why do I know this??? Through the bitter experience of the '01 meltdown, and the reaction of California after the energy crisis. There is no easier target for an immoral politician than the energy companies. These politicians all went to the Josef Goebbels school of shifting attention from the real problem (lousy energy/tax policy), to those who have been competent (the energy companies). In that article, why was there no discussion of the WONDERFUL job that the energy companies have done in reducing the inflation adjusted cost of gasoline??? Were the politicians trying to help energy investors in 1998 when crude was $10??? The question we face as investors is when to sell. When will the politicians have become dangerous enough?? I must say that I find the notion of price caps laughable. It only drives away investment, and at a huge/stampede rate. Look at the OSX in June '02 when the electric price caps went on, and in Sept/Oct '00 when Al Gore released the SPR to buy the presidency.