bold4gold

Stronger Dollar Pushes Down Oil and Gold?

2005 is an excellent example that gold can rise whether rates are being increased or decreased. And, with the bailout of fanny and freddie this weekend, I think gold is going to resume its bull market regardless of the direction of the dollar.

Long Gold/Short Oil vs. Long Natural Gas/Short Oil

Personally, I feel a lot safer being long gold than short oil due to geopolitical concerns. Many sources, including the IMF, are saying there is no bottom in sight for the housing industry and therefore - by extension - the financials.