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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (187)	7/22/2008 9:52:22 PM
From: SwampDogg	Respond to of 491

The connection between oil and gold is not eternal. From 2001-2003 oil was in a bear market and gold was in a bull market. These relationships change. It is looking like gold and oil are both set to rally in the coming weeks but gold as a monetary instrument does not need oil. The important thing is to get one big thing right. Gold has gone up in almost every environment in the past 7 years including weak oil, strong $SPX and strong buck.