“Some time in future gold will go down and follow oil.”
gold is a currency
oil is a commodity
that is why gold is not tracking the price of oil right now
check out today’s action – US dollar up strong and so is gold – when gold was behaving as a commodity, it would have been down hard on a day when the USD rallied
eventually, Americans will realize that they have been sold a bill of goods inre gold
the politicians and bankers don’t want people to buy gold – an honest currency (gold) prevents the politicians from spending money they don’t have – an honest currency prevents bankers from creating worthless printing press money
gold has reached all time highs in numerous other countries where the citizens haven’t bought into the ‘barbarous relic’ BS that the politicians and bankers want you to believe
