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


To: JungleInvestor who wrote (37806)2/18/1999 7:38:00 PM
From: thomas hayden  Read Replies (2) | Respond to of 95453
 
JungleInvestor, What will happen if inflation increases, yes oil will rise but our overextended stock market will be smacked with a 2x4 on its cabose. So if the market in general is tanking - how? or will commodity based stocks increase in value?



To: JungleInvestor who wrote (37806)2/19/1999 7:47:00 AM
From: j g cordes  Respond to of 95453
 
Not only is oil price related to money supply, but more to the dollar. While there are many relationships in commodities to currency, energy to dollar is an important one because oil is mostly priced in dollars. If yen/euro starts to rise while the dollar falls then oil has to go up.