70 buck a barrel oil matched by rising airfares...talk of rationing.

[CrimsonEclipse]

I don't have a problem with securing America's future by creating a permanent presense in the middle east. I just don't care for the deception. Let's ship can the goody two shoes agenda and make like the super power that we are and dominate. And not just oil either.

The world seems to think that we're dominating the planet. I say we should!
They might as well hate us for a reason.

CE

 

[jetflyer]

Now we're all talking like a bunch of Neo-Cons. hehe....

In time a lot of people will be begging them to go get the oil for us...

See my avatar? I wonder if that's what Iran will look like in a couple months?

Jet

 

[Icelandair]

The government should force the oil companies to build refineries. They have created this short supply situation on purpose.

 

[JohnDoe]

FN FAL:
Why have a permanent presence anywhere for energy? Why not develope alternatives so that we will never again have to rely on anybody else for our energy.

The billions of dollars we would save by not having to "occupy" foreign countries would go a long way towards paying for the programs.

 

[eggman76]

Here is investment advice:

A great precious metals mutual fund. There are many more.
Tocquville Gold Fund (TGLDX)
Returns:
YTD: 36.76%
3 year: 42.15%
5 year: 41.7%
Link at Morningstar for fund information: HERE
Can buy by going to www.tocquevillefunds.com and going to "OPEN AN ACCOUNT" or calling 1-800-697-3863

Here is a good ENERGY Mutual fund:
Guinness Atkinson Global Energy Fund (GAGEX)
Returns:
YTD: 20.14%
2005: 64.0%
Link at Morningstar for fund information: HERE
Can buy by going to http://www.gafunds.com and going to "HOW TO INVEST" or calling 1-800-915-6565

Here is another good ENERGY Mutual Fund:
RS Global Natural Resources (RSNRX)
Returns:
YTD: 18.13%
3 Year: 47.12%
5 Year: 28.87%
Link at Morningstar for fund information: HERE
Can buy by going to http://www.rsinvestments.com/funds/gnr.html and clicking on "INVEST WITH US" or calling 1-800-766-FUND[3863]



These returns are going to keep going up, up, and away. I have my wife's and my IRAs in these three and some other different gold and silver investments. You won't regret getting on the commodity gravy train

Take care,
Jet

Historically gold has not been a good investment. Since 1968 gold has had a rate of return less than inflation.

If one were to have purchased 100 ounces of gold every year since 1968 you would have invested roughly $1,200,000. That gold would now be worth roughly $2,430,000, figuring gold at $625.

If you had taken that same amount of money invested in stocks, assuming an 8% return, you would now have $5,400,000. S&P500 historical average return is 11.5% annually for the last 50 years.

Gold, even in the face of inflation, is not a good long term investment. Certainly not when gold is now near an all time high. Gold was at this price level once in the past, 1980. If you had started investing in gold yearly in 1980 your returns vs. the stock market would have been terrible.

Don't believe the hype.

Eggman

 

[jetflyer]

Egg,
I'm just looking at the next 5-10 years. Gold and other precious metals will do better than the stock market in these years. I'll also invest in energy and alternative energy.

What is coming will be like the 70's in my opinion with inflation and a stagnant economy. Stagflation. In the 70's stocks did worse than inflation and precious metals and energy roared. The bad times ended right about 1980 and the economy started getting better as the energy crises ended.

Even though gold has been on a tear I think this bull market has a lot farther to go. When you start hearing all your neighbors talking about getting in gold then the top is getting close to being reached. It has a long ways to go, because it is still barely talked about. There is no bubble yet. I could easily picture $3,000 gold and $60 silver.

When we start getting the energy situation under control like what happened around 1980, I'll shift back into regular stocks S&P style.

I may be wrong, but I think I'm really right. Look at those returns the last 5 years!! I've been right so far. In my opinion that is just the beginning too.

Jet