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S&P 500
5,446.68
(
0.00%
)
US TECH 100
18,003.20
(
-2.08%
)
Dow Jones
40,347.97
(
0.00%
)
Brent Oil
78.08
(
-2.37%
)
Bitcoin
64,591.57
(
-1.16%
)
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ItsAllCyclical

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ItsAllCyclical

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Re: Andy R post# 16344

Monday, 07/10/2006 11:41:41 AM

Monday, July 10, 2006 11:41:41 AM

Post# of 19037
Gold to oil ratio is still very cheap. I agree oil should have decent downside once a worldwide recession gets going which at some pt seems inevitable once the US Debt bubble starts to implode. As such I'm not so worried about declining oil prices hurting gold and agree on the cost part of the equation helping.

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