Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SSRIF Silver Standard Resources -- Ignore unavailable to you. Want to Upgrade?

To: ForYourEyesOnly who wrote (380)	11/29/1999 12:33:00 AM
From: Gerald Walls	Read Replies (1) \| Respond to of 403

Except for the fact that once the oil is gone, those countries will return to desert unless they have accumulated a large amount of wealth or built other industries...... We've always been 10 years away from running out of oil. That's why we had the 55 MPH speed limit and still have the EPA mileage requirements. Don't believe it. Long term thinkers will want to sell at a higher price. Perhaps they will work together to raise prices? They tried it in the 70's and oil's been in the single digits since then. Why will it be different this time? Cartels don't work except over a short period of time. (The only exception I can think of is diamonds, and from what I understand the Soviet collapse almost released a horde of diamonds that would have brought that down.) It's a variation of the Prisoner's Dilemma. The biggest winner in a cartel is the one that cheats the most, especially if all the other members honor their limits. They all know this so they all cheat, while publicly denying it.

To: ForYourEyesOnly who wrote (380)	12/3/1999 3:03:00 PM
From: EZbeliever	Respond to of 403

THC ... How's your portfolio doing? Mine sure stinks. Can't believe I even typed those words but it is true. Now below pre spike up levels. What a bummer! Even our somewhat resilient Silver Standard is back down to it's normal trading range. Sure hope you sold some of those options!? While I'm crying on the keyboard think about this. The only investors winning these days are the dupes in the most overvalued segments of the general stock market. Go figure. Just thought I would say "hi" and share some misery. I know...I know...that's not my style, but this PM market stinks. Needed a friend who's been in the trenches to whine to. Now that that's over I feel better..... Back to action in the battlefield! Talk to you later, EZ