Replies to post #4126 on Pershing Gold Corp fka PGLC

[Talc Moan]

I love Oil too, but what happens when Oil hits $100 a barrel or $90+ doesn’t matter the exact dollar amount. It will start to Hit Consumers and businesses... Then you throw in Much higher Interest rates. Then that also hits consumers and you can already see in the housing market. All that happening while the dollar is even stronger and Gold yet still is hanging in there because Europe is a mess. So when Oil and Interest rates weight down the consumer and the Fed starts to slow rate hikes the dollar will then start to weaken and Gold will take off. There was already 2 Massive Future contract purchases in Silver and Gold this past week.

2019 going to be very interesting.