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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (36902)7/9/1999 5:32:00 PM
From: Zardoz  Read Replies (3) | Respond to of 116753
 
I just now understand what frightens "them"! Only several months ago, Oil would never again go up. It was "stuck forever in the $10 range trending lower headed for $6.00".

So what you are saying is:"it's okay to create an artificial bubble in OIL". Obviously it takes an oil cartel to pump the bubble up again. But the CB's {Golds previous Cartel} refuse to come to the aid of GOLD to pump up the value of that element? All bubbles sooner or later get deflated. Gold's is having/has had it's bubble popped. Oil is just TECHNICALLY over priced. But do you really suspect oil will remain this strong for long?

Hutch
Wondering why GATA don't go after OPEC?

"Gold is dead, the Central banks hold & are selling inventory to cover 12 years of demand"
Who said that? Not me....