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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (210)7/20/2005 3:14:56 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 50669
 
>>this recent surge in demand was related to a unique construction boom in their efforts to show off the China Miracle to the World by the 2008 Beijing Olympic's<<

So only 3 years to go? Great, crude will only be at 120/bbl or so by then! Let's just suppose they've decided to cash in their massive Forex Clownbuck reserves in the form of something more durable....how much longer could the boom (in demand) be sustained then?

Gold and oil are inextricably linked, IMO....you won't have a mega bull in one without the other participating.