Gaza War: Expect a Spike in Oil, Gold [View article]
Chris B...I'm profiting from the skirmish to!.....nice week to be an investor...
Like I say...a little bit of war drums here...throw in a category 4 storm there.. Count on our Russian and Middle East friends to keep hyping up those prices...
USO is off the canvas and counter-punching.....
Nowhereman...neutral on gold...no guts either way...no guts, no glory... only into physical anyway....looks like dollar has more to go with Euro rate cuts...not good for gold short term...hold what I have and add if I see $650-$700.
Gaza War: Expect a Spike in Oil, Gold [View article]
The war would have to escalate to be much more of a factor in oil imo. How many of these little oil spikes have we seen for years..traders. I do think oil overshot to the downside..
Gold...that is something I can't make a decison on...I'm not in love with the long term charts...there is much speculation right now and that bothers me when people get too bullish..still think assets decline or go flat with a few rallies like we are having....reluctant to add to my position or sell..
Gaza War: Expect a Spike in Oil, Gold [View article]
Like I say...a little bit of war drums here...throw in a category 4 storm there..
Count on our Russian and Middle East friends to keep hyping up those prices...
USO is off the canvas and counter-punching.....
Nowhereman...neutral on gold...no guts either way...no guts, no glory...
only into physical anyway....looks like dollar has more to go with
Euro rate cuts...not good for gold short term...hold what I have and
add if I see $650-$700.
Gaza War: Expect a Spike in Oil, Gold [View article]
How many of these little oil spikes have we seen for years..traders.
I do think oil overshot to the downside..
Gold...that is something I can't make a decison on...I'm not in love with
the long term charts...there is much speculation right now and that bothers
me when people get too bullish..still think assets decline or go flat with a
few rallies like we are having....reluctant to add to my position or sell..