Saturday, May 10, 2008

Gold at $2k/oz next year?

So says Peter Shiff.

As goes oil, so goes gold.

Bear in mind that the value of gold and oil really doesn't change with the exception of small supply and demand fluctuations, much, much less than you'd think. The value of the dollar decreases.

Physical barrels of oil don't store well, but owning gold, diamonds and silver is sheer joy. Excuse me while I work up some new algorithyms to find the below-spot deals on eBay.

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