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

To: CommanderCricket who wrote (71672)	9/22/2006 2:15:15 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 206209

xoi, xng, osx, uso all selling into the pm close so far. I think next week brings better bargains.

To: CommanderCricket who wrote (71672)	9/22/2006 2:15:18 PM
From: Broken_Clock	Respond to of 206209

xoi, xng, osx, uso all selling into the pm close so far. I think next week brings better bargains.

To: CommanderCricket who wrote (71672)	9/22/2006 2:20:35 PM
From: Big Dog	Read Replies (1) \| Respond to of 206209

Cricket...you da man! Ten feet tall and bullet proof. The Dog is right beside you. ...and Frank lurking in the shadows providing moral support. big

To: CommanderCricket who wrote (71672)	9/22/2006 3:52:11 PM
From: 8bits	Respond to of 206209

CC, Overall and for the long term I am a bull but I am going to play devil's advocate here: "A slowing economy will make little difference. Demand growth slows but never goes negative." Global usage declined during the 73-74 oil crises (granted an anomalous event..) and in the early 80s from a combination of heightened conservation and global recession. en.wikipedia.org Granted China and India continue to ramp up and bring a mere 2.4 billion people into the middle class. (With China increasing it's import of oil so far this year by 18%) Here's how much capacity we have as of 2005: wtrg.com "Nigeria and Iraq are the only places for significant supply next year." Add Sakhalin and the Caspian area. Mexican production is supposedly up this year albeit by a very small fraction. (I'll try to find the link..) Although I don't see them adding any production next year and likely will see a decline. Is Opec dropping production to shore up pricing or because they are maxed out..? They are already above their quota. I would say Saudi Arabia is a big question mark. Libya and Algeria supposedly are in the position to increase production. The Sudan also but we aren't getting much data from there.