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: Bearcatbob who wrote (144328)	1/29/2011 7:23:03 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 206338

<Is this a top to cash in?> Tunisia and Egypt don't really matter. If the Saudi, Pakistani, or Indonesian governments fall (or even look wobbly) oil will spike above 120$. I have no idea whether that happens, but I have a contingency plan if it does: I go to 100% cash, or hedge all remaining long positions with shorts.

To: Bearcatbob who wrote (144328)	1/29/2011 11:31:40 PM
From: tom pope	Read Replies (1) \| Respond to of 206338

Oil may spike, but that will be in response to near panic fears - not a scenario in which the energy companies' share prices will benefit. Closing the Suez Canal (unlikely) or (even more unlikely) the straits of Hormuz, would be the Black Swan events of 2011 from which few peoples' portfolios would benefit. Not mine, anyway. Any suggestion that the Saudi regime is at risk, and all bets are off.

To: Bearcatbob who wrote (144328)	1/30/2011 5:31:04 AM
From: elmatador	1 Recommendation Respond to of 206338

OIL! There is a good reason why one might expect Egypt to start running into problems with energy and food subsidies. Its own financial situation is declining at the same time that the cost of food imports is soaring theoildrum.com There will e more of these countries in the same situation. Emerging Markets are buying, others, must compete with them for buying the food and the energy.

To: Bearcatbob who wrote (144328)	1/30/2011 9:26:44 AM
From: not_prudent	2 Recommendations Read Replies (2) \| Respond to of 206338

I think a lot of us have been thinking the same thing. I probably have blinders on but whomever first recommended o&g's with large reserves in the US and Canada, IMO had it right. If it wasn't for the Islamic religious fundamentalists I'd sleep well and look at it as a bump in the road and the demise of another petty dictator. But sadly that isn't the case. Should it be that it is the Fundamentalists who capture Egypt, how much confidence is anyone going to have in the stability of Kuwait, and S.A.? P.S. I think the Black Swan of the past 100 years will prove to be S.A.'s funding of religious schools.