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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: The Street who wrote (25727)	1/10/1999 6:07:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 116762

Street, Without addressing your apparent disdain for US information collection efforts, I would like to state that should Hussein be removed and replaced by a less aggressive gov't, oil prices may go even lower. Remove the tension from the region, and you remove the uncertainty associated with oil pricing. Besides if you kick up Iraqi oil production to full blast, it will be assured that oil will decrease in price. The result will be a substantial lessening of oil-exporting nations to generate revenues comparable to several years ago. Saudi Arabia in particular is facing serious bugetary shortfalls and is rumoured to have sought a $5 billion loan from the U.A.E. states. So if you're long oil (or gold), you certainly don't wish to see tensions recede in the region. (Kind of sounds conspiratorial, doesn't it??... :0) Regards, Ron