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

To: Ed Ajootian who wrote (93058)	11/3/2007 12:13:10 PM
From: carranza2	Read Replies (1) \| Respond to of 206325

Perhaps I'm looking at things much too simplistically, but everything credible I read says that at a minimum we have reached a plateau in oil production and that we are beginning to see insufficient production to satisfy demand. That the Chinese are rationing and that the price of crude has gone through the roof are IMO the first tell tales of what is likely to be a brutal competition for oil. I think the belief cycle will be much like that we saw for global warming. Initial disbelief, followed by reluctant acceptance, followed by extraordinary hype. In the meantime crude will soar, the Canadian sandbox will thrive, gold will go nuts as geopolitical tensions become more severe, coal will go equally nuts, and agricultural commodities will also go through the roof.