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

To: Tommaso who wrote (62926)	4/18/2006 11:01:08 PM
From: tom pope	Read Replies (1) \| Respond to of 206321

I agree, T. What historical event does that generalization refer to?

To: Tommaso who wrote (62926)	4/19/2006 2:36:39 AM
From: energyplay	Respond to of 206321

Nationalist frenzies based on commodities - Brazil and rubber in 19 th Century Libya in the 1970s based on oil. Whole bunch of West Africa countries based on oil, coca, coffee. I expect Venezuela also qualifies. Cuba had an ecomony heavily based on sugar exports. US subsides for domestic sugar and sugar produced by Carribean allies help keep the world price of Sugar down I appears that Iran is more vulnerable than most Gulf States, Venezuela, etc. ***************** Based on John Dizard's other writtings, he does understand the difference between physical and futures - note the discussion about storage in the article. He also understands that domesitc natural gas is only loosely influenced by world oil prices.