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


To: The Ox who wrote (38071)2/23/1999 7:23:00 PM
From: The Ox  Read Replies (3) | Respond to of 95453
 
CHART 3 -- Eternal Youth
Measured reserves of oil today are about 60 per cent
greater than in 1970, gas 300 per cent greater, copper 40
per cent and zinc about double. And that's after 30 years of
consumption.

However, two commodities have not committed suicide this
century. Oil and gold, while weak, have not been nearly as
weak as other commodities. Non-oil real prices have fallen
by about 75 per cent since 1900. However, real gold prices
are down just 30 per cent and real oil prices down about 45
per cent.

From - You ain't seen nothing yet:
afr.com.au



To: The Ox who wrote (38071)2/24/1999 12:15:00 AM
From: dfloydr  Read Replies (1) | Respond to of 95453
 
Stick to the subject of oil and we'll be happy to hear from you.

Invent twaddle and we will skip your posts.

dfloydr