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<p>[QUOTE=&quot;coininfo, post: 291719, member: 10171&quot;]<b>Need for Caution</b></p><p><br /></p><p>Reason for caution with a gold correction..look no further than the current oil prices. According to OPEC, which they rarely are honest about anything, stating there are no supply/demand issues and the oil price is being driven up by investors. <a href="http://www.reuters.com/article/businessNews/idUSL3028585520071030?feedType=RSS&amp;feedName=businessNews" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.reuters.com/article/businessNews/idUSL3028585520071030?feedType=RSS&amp;feedName=businessNews" rel="nofollow">http://www.reuters.com/article/businessNews/idUSL3028585520071030?feedType=RSS&amp;feedName=businessNews</a></p><p>&nbsp;</p><p>As some people know, Gold has been following the oil prices. The correction will come when Investors in oil futures start cashing out. And when it comes, it will come pretty large.</p><p>&nbsp;</p><p>Here is another article. Comments from the second largest oil-exporter. Stating there studies show oil around $50 a barrel range. Can you imagine what happens to Gold if investors start taking profits on Oil futures? Gold back down in the 600 range or lower</p><p><a href="http://www.smh.com.au/news/business/oil-price-too-high-and-is-temporary-says-russia/2007/10/21/1192940902976.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.smh.com.au/news/business/oil-price-too-high-and-is-temporary-says-russia/2007/10/21/1192940902976.html" rel="nofollow">http://www.smh.com.au/news/business/oil-price-too-high-and-is-temporary-says-russia/2007/10/21/1192940902976.html</a>[/QUOTE]</p><p><br /></p>

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