ny mob digs gold out of hole, page-4

Catlover, I'm confused.

Most accept that oil has around $30 of speculative froth in its price at $135. Most understand that, sooner rather than later, oil will retrace back to around the $100 mark once the Hedgies move on . And most understand that this retracement will trash the price of bullion in the present investment environment. Sure, oil will go back up in price but if, as it sounds, you play the market short term, I think you jumped too early.

Good luck....I'm staying cashed up for now.