Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: more crazy predictions from CJRB.MF

more crazy predictions from CJRB.MF

posted on Sep 06, 2009 11:12AM

to all, awhile (a long while) back i made the argument that gold and oil would diverge...oil would plummet, gold would rise....

almost everyone said i was dead wrong and that oil/gold were linked...since then, oil has been cut in 1/2 or more while gold has risen...

i'm not sure about the immediate future of gold.....but, here's another crazy prediction.

recently, experts have been hammering on the "fact" that oil and the stock market are tied together. if the stock market falls, oil will fall on demand, if the market rises, oil will rise on demand.....back to the peak oil fallacy....

prediction: over the next couple years....oil will continue to fall, the market will continue to rise....

i asked the magic 8ball about gold, it said "ask again later"....

Share
New Message
Please login to post a reply