Saturday, 19 April 2008

Inflation - Gold - Oil

Today's flush in gold is preparing the way for a far higher gold price in the coming weeks. The main market eagerly grabs at straws. Oil is hitting new highs and so will inflation. The hardest thing is to sit and do nothing and not get out of position by trading. Still, to those who were able to take advantage of today's fall in gold and silver, well done.

Some are saying that oil will hit $150-160 by the autumn. If that comes to pass wither goes the main market? Next year is going to be "a doozy".

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About Me

I teach Film, Media and English Lit.