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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (5139)	12/15/1997 8:40:00 AM
From: Alias Shrugged	Respond to of 95453

>>>Many believe that inflation is rampant in US economy today. Will SE Asia be far behind? What effect could this have on our sector?>>> Good question, with most of it beyond my ability to answer (a student of economics would provide better answer). As far as impact on "cost" of oil for these oil-importing countries, high inflation would be cost nuetral in the aggregate - although oil would be more costly in terms of local currency (due to further devaluation because of printing extra money), anyone being paid any of these extra won would be able to maintain their oil-purchasing power. BWDIK!! Mike