GREY:ROAOF - Post by User
Post by
Bigpaulbunyonon Jan 08, 2009 9:15am
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Post# 15690604
Price of oil
Price of oilI am not sure how this plays, but one thing bothers me . In Canadian terms anyways, gold was at $880.00 last week which worked out to be $1073 per ounce, which in my mind is a new record. Oil was at $50.00 the other day which was about $61.00Barrel . When we hit $70-80 the canadian dollar will probably be above 90.
I just seem to think that oil price is not as bad as every talks about..I would think the people it hurts the most are American producers, producing in America...What are your thoughts