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What the Oil Price is Telling us & Will it Affect Gold and Silver Prices?

Posted on May 20, 2008

The oil price has in the past few years been a major influence on the gold price and quite rightly too. Both represent an unalterable definer of power and value. But of late the gold price has lagged the oil price in its relationship with oil. We see this as a temporary situation, which will persist until the big global picture forces itself onto the realities of our daily life in our local communities....

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gold , gold price , oil price