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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (2813)12/23/1998 12:10:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 81012
 
Attention Goldbugs: Perhaps time to forget gold and go for oil service. The oil service stocks have been beaten down almost as badly as the gold shares. But, unlike gold, oil is a vital commodity and an excessively low price has serious national security implications for US.

I KNOW it is only a matter of time until oil prices again climb above $15. Even the biggest oil bears admit this. I THINK gold will go above $300 again next year. But let's face it -- who the hell really knows. If the rumors of future IMF dumping are true $250 or even $200 is not impossible.