There is definately a correlation (especially in late 70s) between Gold Spot Vs Oil coupled with stagflation pressures in the US. Similar position to where we are today - baring the US Gov living in denial and Bernanke only finally stating a slight possible rise in inflation...
Gold will rise if it follows historical trends. I am placing my bets on this trend!
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There is definately a correlation (especially in late 70s)...
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