Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

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Message: Will Gold Catch Up With Crude

Gold will outperform oil but that does not mean that oil/gas will go down.
I would not be short energy here. Both are going to go up.
Most oil analysts are US centric and only looking at the higher US inventories. The US is no longer the economic force it once was. Rising demand in China, India and The middle east will keep the supply demand equation tight.

That being said there could be a short term correction in the commodities as many are technically overbought. Personally I don't put a lot of stock in technical trading (especially in the juniors) but it is so widely followed it frequently becomes a self fulfilling prophesy.    

 

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