Suncor Energy Inc T.SU

Most are expecting markets to take a dive...

[Wynjoe]

I'm on the opposite end of the spectrum. Dow to 50000 plus,in short order.wages are sky high with no end in site,thus cash is becoming worthless. Some companies appear to have a high valuation, however to start a competing company in many venues would see astronomical costs associated with building in todays inflationary world. Case in point ,Suncor, oil prices will continue to rise, now if Suncor had to rebuild its infrastructure in todays dollars (as future competitors must),the costs to clear land,acquire permits, buy and construct processing facilities ,and on and on,would and will be off the charts,so while Suncors assets may seem fairly valued in yesterdays dollars,tomorrow's dollars is a different can of worms. Now I use Suncor as an example but many in other commodities are of the same cloth ,mining, shipbuilding, airlines and the list goes on.Many will be caught in surprise of future investment outcomes, your thoughts?

[Chad123]

Hope your right about about Dow prediction. I can agree with you on the infrastructure aspect and don't see any new companies starting up a mining business or as such where it would cost an arm and a leg to get their feet on the ground. What I do see if high inflation as a result of too much money chasing to few products. This is not just oil related, there is a huge supply shortage of

[Experienced]

This may come as a surprise to you, but I have a few thoughts on the matter - lol!!!  As Obscure has rightly pointed out in his posts, I look at things from two directions, consider the Big Picture, and learn from history. 1....your point about inflation and the replacement costs of assets is well taken and together they are likely over the long run to result in money being worthless and

[pooltec]

Excellent post. So what was your investing strategy again? Ready to short with cash on hand?

[Experienced]

Thanks. My investing strategy has been well documented here. In a nutshell, I am overweighted in cash (sitting around 30%), no oil and gas producers but own pipelines and electricity producers and the rest of my equity investments are in companies that are relatively unaffected by international events (the sole exception is a modest investment in some European dividend ETFs that I bought after

[RagingBull3]

The Market has been manipulated so much, NOTHING makes sense anymore.   CIBC has GIC yielding 3%.    Meanwhile Canadian Bonds just now yielding 2.6% and that way up from 2% not long ago. Costs going through the roof, but oil price not.   Which is not good for oil companies, but share prices heading up, LOL! Propoganda, manipulation, and sheer stupidity running the