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


To: Ahda who wrote (42661)4/19/1999 5:01:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
Darleen:

OT

I have had it with gold. Oil is so much better than gold as an investment that I can hardly describe it. Oil is an essential commodity while gold is something that humanity can easily live without. The establishment wants decent oil prices, but gold seemingly can never go low enough to suit them.

I consider gold more a gamble than an investment. I'm sick of worrying about what the CBs will do or if the IMF will sell gold, etc.I'm tired of investing money in an industry where so many of the producers are shorting their product at ever declining prices.

I'm sure gold will have a big move someday. But I will not be aboard. Much prefer to wallow in the black stuff.