So you’re the oil guy now. If oil goes down further then many oil producers are going to do it very, very tough - from the heavily indebted US producers to Saudi Arabia and the rest of the OPEC crew.
So that further crunches the ailing global economy, and contributes to the flight to Gold as everything else crumbles.
The DOW is currently down 965 points and all you can go on about is oil and inflation.
You obviously don’t get it. Like the rest of the anti-Gold brigade you don’t understand that in times of turmoil it has been a fundamental part of human nature to turn to the solidity and universal cachet of Gold.
