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To: Yosemitest

Look at it this way. In 1973 just as the watergate hearings were getting started after nixon was elected to his second term— OPEC had their first OPEC oil embargo. That was a supply shock to the downside. The price oil then went to the moon over the next six years and so did gold.

We’re now in a supply shock to the upside. (And curiously another president is in trouble over election shenanigans.) All the pressure now will be for the price of oil to go down.

Given historical hind sight — what then is the natural direction for price gold?


16 posted on 05/17/2013 4:05:19 PM PDT by ckilmer
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To: ckilmer
OPEC's got nothing to do with the hatred Soros and Obama haver for the U.S. .
Soros has only done this 5 times.
Obama was raised ant taught by Communists all his life, to "Collapse the System" and that's what he''s doing.
Think what you will, but Soros is playing the economy with the rest of the Fabian Fascists, by keeping so much rapid confusion in the market, that everyone doesn't know where to turn.
The best bet now is ... don't play.
17 posted on 05/17/2013 5:00:54 PM PDT by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: ckilmer
CORRECTION:
18 posted on 05/17/2013 5:02:12 PM PDT by Yosemitest (It's Simple ! Fight, ... or Die !)
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