Reachsb

Why Oil and Gold Are Headed Much Higher

Good luck trying to buy the physical bullion on the street at the comex futures prices. The physical is out of stock. Someone's gaming the prices and it won't work for too long. The amount of liquidity unleashed by the Central Banks worldwide is unprecedented and consequently, gold has only one to way to go - UP. Now it's only a matter of waiting out all the hedgies - who are getting margin called left and right out of their desired gold positions.

Oil's headed up too. You have got to balance demand destruction with peak oil. The Iran premium has completely dissipated in this latest purge. Boy! Those Straits of Hormuz are pretty narrow!!