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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by goldtoeon Mar 09, 2010 7:23pm
314 Views
Post# 16863222

US dollar.. Silver & gold

US dollar.. Silver & gold
This spring we will witness the US dollar roll over and begin a death spiral... watch for it. Gold, silver and oil has all rallied and held strongly during the last uptick in the US dollar! This tells us that when the US buck begins to fall again then gold, silver and oil will explode upward. People in commodities like precious metals and oil are going to see a huge uptick in these commodities causing massive inflation pressures in the USA... a falling dollar and rising oil and fuel costs will it Americans hard. The CDN loonie should rally hard against the US dollar with oil and precious metals in rally mode. Americans need to get money into gold and silver and oil plays in CDN dollars! The worst is to begin in the US economy... hyper inflation.. it's coming folks... wouldn't it be a great time for EC to hit a great core on the 3rd hole!? EC would go into rally mode atleast doubling from current prices... but as the above mentioned kicks into gear then EC and other gold plays will see huge gains.. stick with the gold, silver and oil.. it's a different world folks.. the old days are gone and so are the USA's days of world dominance.

watch the US dollar closely.. everything swings off it's hinges... the EU is already buying gold not trusting the euro.. could we be far away from a huge move in the POG?



salute
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