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

To: drsvelte who wrote (20090)	4/22/1998 11:30:00 PM
From: Lucretius	Respond to of 95453

I didn't mean the 70's literally. I just think inflation is going to reappear. Commodities have been out of favor for too long. When that happens, shortages happen and prices rise until S & D go to the other extreme. Good grief, we're all invested in drillers...we're benefiting from this very phenom. When oil bus tanked, no rigs were built, and nobody wanted to drill, so now there are shortages and we're seeing "inflation" in the dayrates. Same applies in everything else.