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<p>[QUOTE=&quot;medoraman, post: 1351661, member: 26302&quot;]But his point, a fair one in my eyes, is ALL commodities would be affected by money printing. If it takes half an ounce of gold to buy a bale of cotton today, more than likely it will take half an ounce of gold in the future regardless of what happens to the dollar. Same with oil, and there is a tighter correlation between oil and most other things since modern society produces most raw materials with oil. So, a barrel of oil most likely will be worth maybe 1/15th an ounce of gold regardless of currency markets. If oil went to $400 a barrel, I would expect gold to be around $6000 an ounce. Its not perfect since every commodity has its own market, but as a generalization its fair.[/QUOTE]</p><p><br /></p>

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