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

To: Platter who wrote (32715)	12/10/1998 3:55:00 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 95453

Some gold bugs see a gleem in OS stocks. From one of the gold sites today: .... OIL will lead GOLD higher) ID#269409: Copyright © 1998 LGB/Kitco Inc. All rights reserved I've been ignoring banshee wails re oil for months now, believing as I did that the bottom was not in. The bottom is now here. Opec will make a move in the first quarter 99...I have it on good authority. The move in oil will signal a bottom to CRB index deflation. It will also be the precursor for the coming move up in Gold during 99. After the silver shares purchased yesterday and today, I finally just bought shares in Smith Intl Inc ( SII ) , a very high value Oil services sector company. I'm in love with this co. with it's almost $2.00 earnings per share and P/E of 14 ( during what I believe is the low for oil prices no less ) , and their potential to explode in an upward move over the next few months. The whole sector has been neaten down to obscenely low levels Sideline positions in cash are almost gone. This was the week to make some moves...but there's still time. Once this sector explodes in value in the months ahead, I'll see my SII and move some of the proceeds into Gold shares, where I currently have no position. Oil..... has seen its final days of pain and will now rise. Gold will follow.