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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (25593)	6/19/2007 5:33:26 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81770

Phil > People who hold gold as a hedge against inflation must be extremely frustrated. Indeed so, because there's no doubt about the tidal wave of paper money and (what we call) inflation. Look at this chart of the gold price divided by the oil price. Draw in the resistance and support lines for yourself and you will see that the rise of the past two years has ended. Compared to oil, gold is clearly a loser, even over a longer period. stockcharts.com[w,a]dalaynay[dj][pd200,2][ilb14!la12,26,9] Yet the Aden sisters recommend gold now more than ever. Surely oil is a far better bet?