I see that gold was down this morning (has since reversed), yet oil was up. How does that happen? Given the fundamentals, shouldn't these two commodites go in the same direction at the same time? No?

We have seen many comments over the years that the gold (and other PM's to a degree) is not a free market and that various organizations think that it is in their interest to manage the price of gold. The last time I looked, would it not be better for society if the price of oils was better managed. As people filling up these days and the poll numbers would be definitely one-sided.

Let me see ... are there people in high places who have strong connections to the oil business? Nah ... couldn't be.