Oil and Gold should plummet

Discussion in 'Commodity Futures' started by gugaplex, Mar 21, 2006.

  1. when the water gets rough for the US Dollar, Condi Rice gets on a big blue jet and hands out money to some and threats to others........

    should oil get to $90, I wonder if the Central Bankers will let the 30 year drift up to the astounding level of 5%...........
     
    #11     Mar 26, 2006
  2. There is only a limited supply of oil & new plants will not be operational for at least another year ot two. The dollar is still weak, so until the fed strengthens our money supply or Bush releases reserves oil is still a good long play. Gold is fine with all the inflation taken in from this real estate bubble. 99% long commodities on every sell off....
     
    #12     Mar 26, 2006