Re: Posted 2 fotos of MH#3 dated 6 may 2008
posted on
May 21, 2008 07:01AM
I agree. Oil can go down to $100 and still be in an uptrend. China is going to soak up any excess oil, which will keep prices pretty high, I think. I DO think the soft commodities will sharply correct. It might have a spillover effect on gold and silver, as well. Summer is usually a slow time for precious metals; I wouldn?t put any money in them, right now. Something I noticed - my uranium stock, U on the Canadian Exchange, is under accumulation the last few days. I think big money is getting back into uranium.