Showing posts with label oil drilling. Show all posts
Showing posts with label oil drilling. Show all posts
Sunday, March 28, 2010
Jim Rogers on Oil, Gold and the Biggest US Bubble
"All governments around the world are debasing their currencies," he declared.
"There may come a time when we all have to have all of our money in real assets."
"I certainly own gold," he said. But he pointed out the precious metal's "extremely strong" moves since 2009: "Anything that goes up that far that fast should consolidate and rest."
"I like to buy what's cheapest. Silver is cheaper than gold, on a historical basis; natural gas is cheaper than oil."
"We see more and more speculation in oil and gold. And in these times, it's usually best to step back and let others speculate."
Rogers reiterated his take on the "two biggest bubbles in the world" right now — US Treasurys and Chinese real estate:
"There's no question that the United States government's long bond is a bubble."
"In particular, Hong Kong real estate is nuts," he added.
Labels:
Commodities,
Gold,
Jim Rogers,
oil drilling
Monday, January 18, 2010
Wednesday, January 13, 2010
Monday, November 23, 2009
Oil Drilling in Extreme Conditions
This video discusses how companies are drilling in very extreme weather conditions. Very insightful.
Subscribe to:
Posts (Atom)