Permanently Cheap Oil?
I previously posted a comment suggesting that gold may be ready for a correction based on reports that it had reached a permanently high level. Now I'm feeling that oil is due for a runup based on reports that its price will stay permanently low.
money.cnn.com/2009/12/03/news/economy/cheap_oil/index.htm
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You don't have to do technical analysis on Gold and Oil
Merely listen to talk radio (sports, Rush, anything will do) and if you hear commercials luring average people into buying Gold ("Gold is at an all-time high...I'm so glad I have gold in my portfolio") you'll know that the smart boys are selling. Same with oil and gas (they offer proxies instead of coins).
I started noting the Gold commercials in full force about 3 weeks ago...it's "put options" time...the only question is whether to use the college fund...Dartmouth might be displeased if I do (BOTH kids attending)...