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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (49718)4/16/2006 11:49:34 PM
From: CalculatedRisk  Read Replies (2) | Respond to of 116555
 
I wonder how much of this price hike is war talk, and how much is fundamentals. There is no question that supply and demand is still tight for oil.



To: regli who wrote (49718)4/17/2006 1:40:56 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 116555
 
>>Hopefully all this war talk will soon die down and that reasonable people will prevail.<<

If "reasonable people prevailed" now, gold would be over $1000/oz....<G?>



To: regli who wrote (49718)4/17/2006 9:03:56 AM
From: Crimson Ghost  Respond to of 116555
 
This strength in gold and the Euro may reflect the fact that the Bushies are threatening to freeze Iranian assets.

As soon as i saw this story over the weekend I knew gold would jump today.

My caution on gold was predicated on reason prevailing re: Iran.

Absent that the sky is the limit at least in the short-term.


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