Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BigBull who wrote (32749)	12/11/1998 9:58:00 AM
From: Fredman	Read Replies (1) \| Respond to of 95453

Too bad Saudis just don't turn off the spigot for a few days. Actually, B, i agree with both you and the articles Tomas posted. I don't buy the 'gloom and doom for the world economy' the saudis are suggesting, but by the same token, i don't see any real reason for the price of crude to turn around and go up in any significant price anytime soon. Should we discuss the price of crude here, or particular oil companies themselves ?? I am probably more interested in opinions as to which companies will weather the storm better than others, and there IS a storm out there....

To: BigBull who wrote (32749)	12/11/1998 4:15:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

BiggBull; thanks - you saved me some ''ink''... I agree 110%... It is ''when'' and not ''if'' this historic rate cut & stimulus injection to the Global Economy shows its effect on demand and coorespondingly Crude Oil prices. This is a tremendous gamble which could very well (and probably will) ignite inflation in commodities. The ''Rubber Band'' effect will most assuredly be felt in commodity prices. ...have to go; Clinton is quoting the Bible; I'm feeling ill....