What's Going on With Gold/Siver? Should I Invest in Oil Instead?

[squarepusher]

This is a very interesting post. I wish you would elaborate a little more on oil not being a fossil fuel. You make some very valid points. They say we are running out, but they keep finding more oil.

Also, why do you think gold is following oil? Gold is independent of the dollar (gold goes up when dollar goes down). But lately, gold has been reacting to the moves made by oil.

that oil is somehow produced from the earth, deep below the surface.

It does seem a bit odd, that all these dinosaurs would just pile up dead bodies, and make million gallon pools of oil.

 

[Seraphim]

To Yum Yum:

Central banks move and lend physical gold to foreign banks/entities in exchange for oil. Oil and gold are the worlds preservations of value. The US dollar is the official trading median for oil, but gold IS a big part of silently reprediating debts without the sheep seeing the value of gold so they can chase their legal tender, which is in effect, chasing ones own tail.

 

[Anti Federalist]

This is a very interesting post. I wish you would elaborate a little more on oil not being a fossil fuel. You make some very valid points. They say we are running out, but they keep finding more oil.

Also, why do you think gold is following oil? Gold is independent of the dollar (gold goes up when dollar goes down). But lately, gold has been reacting to the moves made by oil.

In "Black Gold Stranglehold," Jerome Corsi and Craig Smith expose the fraudulent science that has made America so vulnerable: the belief that oil is a fossil fuel and that it is a finite resource. This book reveals the conclusions reached by Dr. Thomas Gold, a professor at Cornell University, in his seminal book "The Deep Hot Biosphere: The Myth of Fossil Fuels" (Copernicus Books, 1998) and accepted by many in the scientific community that oil is not a product of fossils and prehistoric forests but rather the bio-product of a continuing biochemical reaction below the earth's surface that is brought to attainable depths by the centrifugal forces of the earth's rotation.

http://superstore.wnd.com/Black-Gol...of-Scarcity-and-the-Politics-of-Oil-Hardcover