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<p>[QUOTE="Haleiwa, post: 406543, member: 15080"]If oil and gas prices drop 50% then gold might follow to the $600-700 range. Think that will ever happen? Only way gold will drop to those prices again is if our country no longer remains foreign oil dependent. And the chance of that happening in our life time? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> Not a chance. Compare the barrel of oil price to gold price when gold was at $600 and let us know what you find.[/QUOTE]</p><p><br /></p>
[QUOTE="Haleiwa, post: 406543, member: 15080"]If oil and gas prices drop 50% then gold might follow to the $600-700 range. Think that will ever happen? Only way gold will drop to those prices again is if our country no longer remains foreign oil dependent. And the chance of that happening in our life time? :eek: Not a chance. Compare the barrel of oil price to gold price when gold was at $600 and let us know what you find.[/QUOTE]
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