Francis Schutte

Will the Georgia Conflict Affect Gold and Silver Prices?

Excellent article and question. I have no doubt the conflict would have affected the price of Gold and Oil if the war would have happened 3 or 4 months ago. Or at least it would have been explained that way by the media. Now that the overall sentiment for yellow and black gold is negative, there wasn't any impact at all. Ironically, it has to be noted that for some reason, no damage was done to the pipeline.