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

To: not_prudent who wrote (144340)	1/30/2011 12:09:33 PM
From: upanddown	6 Recommendations Read Replies (2) \| Respond to of 206338

From what I have seen of the media coverage in Egypt, It doesn't appear to be driven by Islamic fundamentalism. It seems to be about poverty, unemployment and hopelessness among young people. The Muslim party has gotten on board but they are late to the game. It can't be lost on Egypt's young people that Islamic states are failed states UNLESS they have oil. If other states in the region explode, I think the common denominator will be poverty and no OIL. The rich petro-states should be OK since they can always quell unrest with some cash. In the end, it's mostly about money.

To: not_prudent who wrote (144340)	1/30/2011 12:48:44 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 206338

<whomever first recommended o&g's with large reserves in the US and Canada, IMO had it right> Is there an ETF for that? I agree with the general idea, but I don't want to take the company risk. I don't feel confident enough to pick individual companies. I think natgas prices are going to have to rise to at least the $8 level, within the next 2 years. This will be caused by increased demand, increasing environmental controls (putting some areas off limits and increasing costs where it is allowed), and the end of drilling just to hold the lease. How about FCG? It holds 30 company stocks. ISE-Revere Natural Gas Holdings: top 10 holdings: 1. Stone Energy Corporation (SGY): 5.16% 2. Newfield Exploration Company (NFX): 3.82% 3. EXCO Resources, Inc. (XCO): 3.78% 4. Hess Corporation (HES): 3.77% 5. SM Energy Co (SM): 3.74% 6. Anadarko Petroleum Corp. (APC): 3.55% 7. Cimarex Energy Company (XEC): 3.47% 8. Ultra Petroleum Corporation (UPL): 3.47% 9. Forest Oil Corporation (FST): 3.46% 10. Comstock Resources, Inc. (CRK): 3.43%