They are both under pressure bigtime. Gold is $425.00. Get a...

  1. 394 Posts.
    They are both under pressure bigtime. Gold is $425.00. Get a decisive victor in the US election and the dollar, which is already rallying, will probably soar, hitting gold hard. As for oil, it has FALLEN below the psychological $50 barrier. None of the oil bulls here were able to explain how slowing growth in the US etc. is bullish for oil. By any sensible application of logic slowing growth is BEARISH, NOT BULLISH.
 
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