You know, the last few months have been actually fairly stable in terms of geopolitical factors which at times propell gold and oil. There are some demonstrations against high fuel prices, the occasional nigerian sabatoge, etc, but nothing major.

When the unexpected happens, it can be a sudden shock. If Isreal attacks the nuclear facility in Iran, or if a terrorist hits an oil terminal or ship, or other nasty surprise, with the markets as fragile as they are, could be ugly....
SKELEG