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Re: hulk_eye post# 32536

Tuesday, 10/03/2006 1:05:01 PM

Tuesday, October 03, 2006 1:05:01 PM

Post# of 56764
Gold as well as most precious metals follow with oil prices. They are usually within a certain percentage from one another historically. As 1 fall, the others generally follow suit. Due to the feds trying to keep a recession at bay, and more dept load with most North Americans, oil may not rise as much as others have anticipated. Time will tell, usually oil and gas as well as other resources and interest rates fall or stabilize just before an election. January should see resources start to rebound, but that is entirely dependent on whether the ecomomy can withstand the higher prices or not.

JMHO

GLTA

Twitchey