fairguy

Oil Majors Should Just Buy Real Gold

LOL, goldbugs will do or say anything to justify their view and get the gold price up. Here we are with all the gold bugs dream scenarios in place; worst international financial crises ever, middle east wars, massive consumer fear, $55 trillion US debt, every countries are bailing out companies with newly printed monies, and yet, gold is sub $1000. Now they ask rich oil daddy to buy gold? I rather buy oil which is dirt cheap now. Gold doesn't do anything for me other than looking shiny, ie, jewellery