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


To: Scripts who wrote (40081)3/16/1999 11:49:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
I have no idea what Selby thinks of energy services>

As for gold, I must admit I was very wrong a few years ago. Did not forsee the extent of global deflation or the ability of CBs and their allies to do what they wanted with the gold price. I have learned much from those errors. The biggest lesson -- never buck the establishment on matters financial.

But energy is fundamentally different than gold. A vital commodity, no CB hordes. And there is overwheliming evidence that US government now wants higher oil prices to avoid Mideast destablization and keep the flow of petrodollars going into the military/industrial complex. I don't think anybody in Washington wants higher gold prices.