2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (156757)	4/20/2020 7:28:11 AM
From: Maurice Winn	Read Replies (3) of 217591

As you know, gold is made from oil, so the price of oil precedes the price of gold. As you also know, the price of things is the long run marginal cost of production. Ipso facto, the price of gold will trend towards the price of oil, with a lag depending on the exigencies of the time. In other words Made in Zimbabwe Magic Money Tree theory has some leeway still because oil is a supersonic bargain at $20 a barrel and maybe yet to be less as the production cuts and tariffs are political not commercial activities. Mqurice

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