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Gold $1,020.00, Silver $21.00 can it be?.
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<p>[QUOTE="Pepperoni, post: 414427, member: 5520"]<b>Correct</b></p><p><br /></p><p><br /></p><p><br /></p><p>DANR has most of the scenario correct. Watch the dollar, oil,and usually if those two are up metals will go down.</p><p>In this case we now have a new old thing to add to the fear factor. The soviets never went away, they filed for chapter 11 and we bailed them out . Oil and oil cooperation made them very well to do ,and now we get to play cold war games once again. They do not make threats,they carry out plans. </p><p>Many countries would rather be paid in Euro petro dollars then U.S. petro dollars. Some have already switched. If the dollar rises we will have more leverage with U.S. dollar when purchasing oil. </p><p>Now who can handle the reins of our country ? </p><p>The Dollar is 1.48 today vs Euro.</p><p>A strong energy policy will sink the metals but keep cash at home and create new jobs. </p><p>Gold will be 600.00 or 1500.00 depending on what happens</p><p>with the above.......</p><p><br /></p><p>My opinion , I speak for myself only[/QUOTE]</p><p><br /></p>
[QUOTE="Pepperoni, post: 414427, member: 5520"][b]Correct[/b] DANR has most of the scenario correct. Watch the dollar, oil,and usually if those two are up metals will go down. In this case we now have a new old thing to add to the fear factor. The soviets never went away, they filed for chapter 11 and we bailed them out . Oil and oil cooperation made them very well to do ,and now we get to play cold war games once again. They do not make threats,they carry out plans. Many countries would rather be paid in Euro petro dollars then U.S. petro dollars. Some have already switched. If the dollar rises we will have more leverage with U.S. dollar when purchasing oil. Now who can handle the reins of our country ? The Dollar is 1.48 today vs Euro. A strong energy policy will sink the metals but keep cash at home and create new jobs. Gold will be 600.00 or 1500.00 depending on what happens with the above....... My opinion , I speak for myself only[/QUOTE]
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