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

To: Debt Free who wrote (157195)	9/18/2011 10:43:34 AM
From: Bearcatbob	Respond to of 206113

Definitely agree on waiting for the details to decide what to do. I am fine with the profit sharing arrangement instead of guaranteeing costs. I also like that it is 4 years long. One thing that was not mentioned was any raise in base pay for existing workers (not the entry level who will be getting some). Would be positive and surprising if there are not any given. My biggest concern going forward with Ford, and the other auto companies, is the costs for design, development and sale of the coming very high fleet average MPG. The costs to the companies IMO will be huge and the impact of higher prices might hurt sales on the other end. With this dawning reality - I am beginning to think I do not need any of my capital tied up in a problem industry. I think this is a case where selling the razor blades (gasoline) rather than the razors (cars). Ask your self, if the economy does well and cars sell - would not energy demand be good as well? Bob