GOLD 0.51% $1,391.7 gold futures

gold up!!!, page-15

  1. 2,182 Posts.
    oh skol oh skol
    you bringing that old chestnut up again mate
    gold follows oil.. gold and oil are one and the same then???
    Yet, in other posts you say GOLD has no use it makes nothing and it is useless, which would make it nothing like oil...
    which way you calling it mate?

    Or alternatively, lets float an new idea.
    oil is slowly falling as it has less and less in demand by buyers, as economies slow and conversely the price at the pumps in many parts of the worl continue to go due to inflationary pressure and weakening currency.. even here i havent seen fuel gettingmuch cheaper, which in turn makes people/compaies reasses their oil needs.
    where as, GOLD is steady and will go up as it has done consistantly with the next round of printing from scared central bankers.
    and the steady accumulation will continue. by others not so scared.... see how the price is flat in asian trading, the sudden drops rises are in london or new york.
    someone in the east is soaking up as much as they can get thre hands on while keepin a lid on things before selling amounts to drive the price down in western trade, and so it grinds higher

    now.. doesnt that have more logic to it?
 
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