RE:RE:RE:RE:RE:Just a thoughtThere are those who would like the price gold to follow the way of oil price , where oil co are shutting down programs due to poor revenue and an oil surplus, as more fuel efficient cars come on line as well as hybrids .
I live in Vancouver canada, one of the most cleanest and beautiful places ranked on the planet , The BC gouvernment is very pro enviornment ( take a look at how many times they blocked northern gateway pipeline) and yet when i walk on streets and around me I see maybe 5% of cars only are hybrids / electric , the fact that place like vancouver where not even more than 50% of cars are electric tells me that those types of vechiles are still to this day not being accepted by most of general public
Oil will eventually drop to 30 dollars with the glut to last a while until arabs shut their taps , as they may have to as the world runs out of storage.
oil glut..... LOL , if you google search world oil supply and world oil consumption there is % variance between them of around 1 the last time i checked , you can be sure when inflation does start to have an effect on economy oil will move first because it is a commodity that is consumed and used, then gold will follow suit after