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


To: marc chatman who wrote (27584)8/12/1998 1:50:00 PM
From: pz  Respond to of 95453
 
cbs.marketwatch.com



To: marc chatman who wrote (27584)8/12/1998 10:39:00 PM
From: Tulvio Durand  Read Replies (1) | Respond to of 95453
 
... Tulvio, there is ALWAYS risk. The closest thing to risk-free is T-bills. Commodities, on the other hand, are about the riskiest investment you can find ... Not true, Marc. One can take delivery of oil today at $11-something per barrel and sell oil futures today for year 2000 delivery for $17-something per barrel. That's a 54% guaranteed return in two years. Tulvio