I think that gold might test 850 maybe 660 when the markets rally and the dollar falls. I know it might sound odd. Dollar and gold falling at the same time but easing of fear in the markets would mean the rotation out of gold along with the Fed buying long term treasuries all summer should put a lot of dollars into the market.
Regarding oil maybe a long slow grind to 60-70 by 2010 like the old days 5 years ago.
Thoughts?
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