On energy-- I expect we're close to a bottom ... I wouldn't be surprised were in a stage where drillers start to rally on bad news ... but I do expect sloppier trading for the next 6-months.
that said,
Jean-Francois Tardif, portfolio manager, Sprott Asset Management was recently interviewed on RobTV and his target for oil is $200
yes, $200
So if the median for the oil/gold ratio is 15, you'd have $3000 gold.
...and all of this happening within a Clinton presidency...?
betcha the masses at large will be reminiscing about the good old days of Bush/Cheney/Rumsfeld.
ironic...
FP........................................................