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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Kevyn Collins-Thompson who wrote (29238)12/13/2007 8:32:15 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78832
 
Commodities: isn't owning the business almost always better than owning the commodity? I.e. buy gold mine, not gold. ;)

I don't know about other commodities, but oil seems to be reaching a point where it is not a no-brainer buy. It actually may go lower before going higher.

I don't know about others. Are we having peak-iron, peak-copper, peak-gold and other peaks in addition to peak-oil? And how irreplaceable are those? Someone want to enlighten me?



To: Kevyn Collins-Thompson who wrote (29238)12/31/2007 10:52:00 AM
From: Paul Senior  Respond to of 78832
 
I'll take a few shares of Aktieselskabet Dampskibsselskabet Torm here.

A tanker/bulk carrier -- A Danish company whose name I can't pronounce or spell on my own. (No wonder they call it TORM.) Symbol is [t]TRMD[/t]