We seem to be in a petro-Gold phase right now.

saintguru

I think gold has been in it's own bull market since 2002, but recently it's moving exactly in tandem with oil. Barring the obvious reasons, I do think this will disengage at sometime.

Oil is range bound but we have NOT seen the high of the gold move. I think we will see 2-4 more years and $650-700 gold.

291fifth

My gut feeling at this point says up. We must get our fiscal house in order and that isn't going to happen as long as we are "staying the course."

mozin

When the terrorists start blowing up fuel supply stations, and oil tankers in port, gold prices will go up along with the barrel of oil price. I am very surprised terrorist activities throughout the world have been so mild and infrequent. It will only get worse in the future.

roadrunner

The terrorists have been blowing up oil pipelines and kidnapping the owners. Unfortunately this is still a "non-event" to most. Guess it will take a full port or refinery shutdown to make a blip.

roadrunner