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Magnum Hunter Resources Corp. Message Board

  • davidmorse42 davidmorse42 Nov 3, 2013 7:26 AM Flag

    Why Did I Choose An Oil and Gas Producer As My Only Investment?

    Other than the technology breakthrough of horizontal drilling and that MHR has excellent management, there is a more fundamental reason for ownership----- the potential for runaway inflation. The fact that the world is now simply "printing" trillions of what passes for money means that INFLATION must result. That fear compels me to only own companies which themselves own scarce resources that can't be conjured. As such they MUST maintain their purchasing power regardless of which currencies they are denominated in or how many monetary units it takes to own them! Claims on global resources and production (owning the equity of an MHR, for example), are the ultimate sovereign currency!

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4.80-0.22(-4.38%)Nov 26 4:03 PMEST

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