[Dems2008] Re: Crude oil just under $120 bbl

I don't do precious metals as direct investments, but gold, silver,
and oil are all plays on a declining dollar.- My inclination --
worth every penny you paid for it -- is that the dollar is nearing a
near-term (year or so) bottom, so I think the easy money in precious
metals and oil has been made.

-- In Dems2008@yahoogroups.com, lisa pallez <lisapallez@...> wrote:
>
> Opinions and/or good info on gold and the gold/oil ratio, Ci?
> I really know nothing about it and trust your opinions on that and
anything it might indicate.
>
> Trade balance issues . . . that's just another thing that will
only upset the richest and most powerful.
>
> citation502 <citation502@...> wrote:
> Debate over whether a president has any control over the
economy rages
> on and on: but when a third of the price of oil (easily) is a
function
> of the direction of the U.S. dollar, you can fault an
administration
> that has persistently followed a weak dollar policy (and talked
> precisely the opposite) and credit an administration that actually
> strengthens the U.S. dollar...............not to mention that a low
> dollar only raises the costs of imported goods to all of us.
>
> --- In Dems2008@yahoogroups.com, Citation <citation502@> wrote:
> >
> > http://futuresource.quote.com/markets/market.jsp?id=energy
> >
> >
> >
> >
> > ---------------------------------
> > Be a better friend, newshound, and know-it-all with Yahoo!
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>
>
> ---------------------------------
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