Ninjastic
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Board Economics
Re: Today Marks 40th Anniversary of the Dollar’s Divorce from Gold
by
1.21gigawatts
on 15/08/2011, 21:20:26 UTC
Quote from: Kermee on August 15, 2011, 09:06:16 PM
hit’s not a reach to suggest that oil is due for a spike upward to roughly $116/bbl assuming gold remains where it is.[/i]

It's also possible that gold is due for a correction and will drop back down to 1/15 ratio assuming oil remains where it is