libya, what next ?

http://www.nytimes.com/2011/08/23/business/global/the-scramble-for-access-to-libyas-oil-wealth-begins.html

http://warnewsupdates.blogspot.com/2011/08/after-gaddafi-what-is-next-for-libyas.html


Whatever happens with oil prices, RRs/RMP are well placed to profit from all of their projects and it is doubtful that oil will ever go below $75 again. More likely to go up over the next 3 months and gold has risen too high for comfort and could end the year at around $1500oz. The trouble with investors(and the biggest cause of losses), is that far too often rising commodities they see as a 'band wagon' that can be boarded at any stage of the journey? As we enter Q4, and market turmoil begins to tail off, I foresee oil and gold prices reversing. Remember gold is a safe haven, BUT only when it goes up!
Will it ever come down again, yes of course it will? When gold drops in price, then you hold gold at a lower value...bang goes your safe haven. But oil is a more practical commodity and ALWAYS IN DEMAND.
Just wait till all the jewellers start upping the price of all their Xmas gold items, only to pay more themselves for fresh stock? Result, the bull run on gold reverses as the jewellers find that they have priced themselves out of genuine buyers that KNOW that jewellery gold does not return nowhere near the price paid...unless of course they bought pure gold ingots. Anyone paying more than $1700oz, is like buying shares when they have already shot up....CAUTION, nothing keeps rising forever and the winners must be balanced by an equal amount of losers..
..Otherwise 'The- Money-Go-Round' can't work!
BUY LOW, SELL HIGH