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To: RonMerks who wrote (3642)11/13/2006 11:57:13 AM
From: Box-By-The-Riviera™  Respond to of 50324
 
doesn't matter what oil and gas do.

the fed prints abundantly enough on its own.

cycle wise, falling oil and gas are leading recession indicators. certainly not bullish unless you are not a bear. in which case everything is bullish. LOL.



To: RonMerks who wrote (3642)11/13/2006 6:02:16 PM
From: ecrire  Read Replies (1) | Respond to of 50324
 
If the recent freefall in most industrial metals, ie. copper, nickel, aluminum, lead, zinc is heralding a world wide slowdown (or worse), including China, it's an argument for lower, not higher inflation. Also, the USDollar, despite the deficits, is still in strong demand and refusing to buckle. Oil is weak, the weather is warm, frankly I don't see a catalyst for higher gold and silver prices given this scenario.


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